Nifty Futures Intraday Analysis on May 12, 2025

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My View for Tomorrow:
I hold a bearish outlook for tomorrow. Although the MastersCycle indicator has given a buy signal on the 15-minute interval, I am currently focusing solely on sell setups and will be ignoring buy signals.

Excluding gap considerations, I see strong support levels at 23,977 and 23,753. I have a firm belief that Nifty Futures may test the 23,753 level, provided price action disregards gap zones on either side.

Disclaimer: This is purely my personal view and not a recommendation to buy or sell. As traders, it's essential to rely on sound technical analysis and always adhere to proper risk management principles.

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