Nifty Bearish Setup: Watching 50–61.8% Fib Zone for Short Entry

30 thg 7

This is more of an observation-based post rather than a trade setup.

It appears that Nifty, in its current bearish trend, is consistently respecting the 50–61.8% Fibonacci retracement zone before continuing downward. We’ve seen multiple pullbacks stall and reverse from this zone — making it a key area to watch.

🔸 If you're looking to short, avoid entering too early.
🔸 Let price pull back into the 50–61.8% zone, wait for structure or weakness to develop (e.g., reversal candles, BOS on lower timeframe), and then consider action.
🔸 Trying to catch tops or jumping in too soon can lead to poor entries and stop hunts.

This zone seems to be where sellers are stepping in with conviction.
Staying patient and respecting the structure can offer better entries and risk management.

⚠️ Disclaimer:
This is for educational and observational purposes only. I am not SEBI registered. Always do your own analysis before taking any trades.

31 thg 7

Giao dịch đang hoạt động

Check How Selling pressure increases in FIB Zones

4 thg 8

Đóng lệnh: đạt mục tiêu

The price reacted exactly from the 50–61.8% Fib zone as expected — and the bearish move has played out well.

📍 Target has been reached.

From here, traders can:

✅ Consider booking profits, if your target was met.

🔁 Or, trail your stop-loss to protect gains and ride further downside, if structure allows.

Patience paid off — structure and Fib levels respected once again. 📊