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.