📌 NIFTY | 5 min Idea – 03 Jun 2025
Bias: Neutral to Bearish
CMP: 24,634
Market Structure
• Sideways range between 24,570–24,700 after sharp rejection from highs.
• Lower highs forming under a descending trendline – pressure building for breakout or breakdown.
Levels
│ R1 24,700 │ R2 24,760
│ S1 24,570 │ S2 24,525
Trade Plan
🟢 Breakout Long → Entry on 5‑min candle close > 24,700.
Targets 24,760 / 24,800 | SL 24,665.
🔴 Breakdown Short → Entry on 5‑min close < 24,570.
Targets 24,525 / 24,472 | SL 24,610.
Notes
• 24,700 = key horizontal + trendline resistance; breakout may trigger fast move.
• Breakdown below 24,570 puts price at risk of testing major supports quickly.
Set alerts at 24,700 and 24,570; manage risk ≦ 1% per trade.
#PriceAction #NIFTY #5min #GLOBALTRADESECURITIES
Bias: Neutral to Bearish
CMP: 24,634
Market Structure
• Sideways range between 24,570–24,700 after sharp rejection from highs.
• Lower highs forming under a descending trendline – pressure building for breakout or breakdown.
Levels
│ R1 24,700 │ R2 24,760
│ S1 24,570 │ S2 24,525
Trade Plan
🟢 Breakout Long → Entry on 5‑min candle close > 24,700.
Targets 24,760 / 24,800 | SL 24,665.
🔴 Breakdown Short → Entry on 5‑min close < 24,570.
Targets 24,525 / 24,472 | SL 24,610.
Notes
• 24,700 = key horizontal + trendline resistance; breakout may trigger fast move.
• Breakdown below 24,570 puts price at risk of testing major supports quickly.
Set alerts at 24,700 and 24,570; manage risk ≦ 1% per trade.
#PriceAction #NIFTY #5min #GLOBALTRADESECURITIES
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.