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.
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.
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Check How Selling pressure increases in FIB Zones 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.