Indeks Nifty 50
Panjang

Nifty Down but Buyers Volume is Back!

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So as we studied, NIFTY gave a chance to Sell-on-Rise. The index went up to the day high and then dropped.

But here’s the interesting part – even though price fell, the candle closed red, and it ended below Friday’s low, the buyers’ volume was still higher by 60 million.

That’s a classic sign of accumulation!

So yes, I’ve entered the first batch of index longs. Even if it dips further, I’ll be accumulating more.

Now let’s check the data for tomorrow:

- Pivot is now at 24677, and PP is 0.17

- Retail index down but buyers’ volume up = classic sign of institutional accumulation!

My plan for tomorrow is simple – I’ll add more to the longs I bought today if Nifty opens above the pivot.

The upside target is resistance at 24850.
Support is at 24580.

On the equity side – yes, we saw a sell-off on Friday and swing supports were broken. But today, stocks didn’t get any strong follow-up. I see this as manipulation and liquidity grabbing.

That’s why I didn’t sell anything yet. In fact, I’ve added more to my holdings – KROSS and HINDZINC .

For tomorrow, I’ll be focusing on #Commodity sector. And from now on, I’ll also start hunting for my Earning Pivot setups since quarterly results are here.

That’s all for the day. Take care and have a profitable tomorrow.

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📊 Levels at a glance:

Pivot: 24677
Support: 24580
Resistance: 24850
Pivot Percentile: 0.17 (supports accumulation view)
Bias: Long buildup, add more if above pivot
Sectors to watch: Commodities, Earnings Pivot setups

Penafian

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