Nifty 50 Index
Short

NIFTY Possible Short Setup – Eye on 24,631 Support

93
NIFTY formed multiple reversal signals and is now showing signs of weakness after rejecting near 24,825. Volume is high at the top zone, indicating possible distribution.

Current price: 24,789
Expected move: Pullback towards 24,727 and possibly to 24,631 (strong support)
If price holds at 24,631, potential bounce is expected.

Trade Plan:

Entry (Short): Below 24,780

Target 1: 24,727

Target 2: 24,631

Stop Loss: Above 24,820


If support holds, watch for bullish reversal setups.

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