Sarthak Gadhari
2.6K posts

Sarthak Gadhari
@TWS_CLUB
CMT 1 | CEWA 1 | NISM 8 | 7 years Full time Trading experience


Despite today's sharp selloff, price is approaching a potential exhaustion zone near 23,780–23,700 after a complete 5-wave decline. The latest candles are showing signs of stabilization, suggesting bears may be losing momentum. A move back above 23,900 could trigger short covering and open the path toward 24,050 and higher. The risk-reward now favors watching for a reversal confirmation rather than chasing downside. 🔹 Support: 23,700–23,780 🔹 Resistance: 23,900 → 24,050 🔹 Trigger: Sustained move above 23,900 "When everyone turns bearish near support, that's where the next bounce often begins." 📈#GiftNifty #Nifty50 #StockMarket #TechnicalAnalysis














