SELL : NIFTY25NOV25FUT( NIFTY ) [37054]

RA Name: Manjushri sharma

🧑‍💼 Provided by: “Equity Guru MS” , SEBI: “INH000019497”
📌 Subscription Plan: “Swing Picks Cash Trades”

📊 Trade Rationale: NIFTY25NOV25FUT (NIFTY) [37054]

Type: Short-Term Swing / Positional Sell
Date: 27 Oct 2025

🧠 Technical Overview

• Trend Bias: Nifty has entered a short-term corrective phase after a sharp rally, facing resistance near the 26200–26250 zone, which aligns with the upper Bollinger band and key Fibonacci extension.

• Price Action: The index failed to sustain higher levels for three consecutive sessions, forming lower highs — a sign of distribution and fading bullish momentum.

• Candle Formation: A bearish engulfing candle formed near the resistance zone with a long upper shadow — confirming rejection from the top.

• Volume Analysis: Increasing delivery volumes on red candles indicate profit booking by institutions.

• Momentum Indicators: RSI has turned down from 68 to 55 — a short-term bearish divergence on the hourly chart.

🎯 Trade Plan

🔍 Rationale Summary

• Nifty showing signs of exhaustion after a 1,000+ point rally.

• Repeated rejection near 26200 confirms supply zone dominance.

• Short build-up visible in futures OI with declining PCR — supporting downside momentum.

• Bearish crossover seen on hourly moving averages (9 EMA below 20 EMA).

⚠️ Risk Management

• Maintain strict stop-loss above ₹26,220.

• Trail stop to cost once below ₹25,950.

• Avoid holding short if global cues turn strongly positive.

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