Nifty Hits Our 26250 Target — Now Time to Observe

Nifty Hits Our 26250 Target — Now Time to Observe

NIFTY has been moving exactly the way we planned.
The target we marked — 26250 — got achieved today.

I’m more than satisfied trading this entire 300-point move in the index, especially when swing setups weren’t matching my environment.

Nifty still isn’t too stretched to say a proper pullback is here, but a small squat can’t be ruled out.
My indicator is already showing “BP” — meaning weekly traders may start profit booking.
I want to see if that reflects on the daily chart the same way it showed up on the hourly.

So tomorrow I won’t trade aggressively. I’ll just observe and prepare for next week’s structure.

Here are the levels for tomorrow:
Support: 26132
Resistance: 26250 — above this, the next move can push towards 26303

Market breadth has dropped, so I won’t be focusing on stock picking for now.
My eyes will stay on the index and a few large-cap FnO setups only.

That will be all for the day.
Take care. Have a profitable tomorrow.