NIFTY Bears Roar! TP2 Hit, Momentum Building for More!

NIFTY 15m time frame Short Trade
Entry: 24,827.10
Current Price: 24,565.50 – TP2 completed, moving closer to TP3 and TP4

Key Levels:
Stop-Loss (SL): 24,902.70 – Protecting against reversals above resistance.
Take Profit 1 (TP1): 24,733.70 – Hit, confirming downtrend initiation.
Take Profit 2 (TP2): 24,582.50 – Hit, trend acceleration seen.
Take Profit 3 (TP3): 24,431.30 – Approaching the next key target.
Take Profit 4 (TP4): 24,337.85 – Final target for this move.

Trade Outlook:
NIFTY continues its downward journey, with TP2 successfully hit. Bearish pressure remains strong, and we anticipate the next targets being met as the market sustains its downtrend.

Trade active

Trailing stop at 24,790, just in case we see a gapup tomorrow morning.

Trade active

TP3 done

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