Recommended stocks on – 12.05.2025
( 1 ) NIFTY -
· price : 24909 / 24979
· Strong Support : 25008
· Resistance price : 24808 – 24770 -
24676
Reasons for Recommended – Here is a
detailed bearish technical view of NIFTY including key chart signals,
indicators, and downside levels to watch in case of trend reversal.
Bearish Divergence (RSI):This indicates
bearish divergence – a potential sign of exhaustion in uptrend.
Volume Distribution:Volumes on
up-days are decreasing, and profit-booking is visible.
Heavy selling near all-time highs
indicates institutional caution.
Bearish Triggers to Monitor: Global risk-off events (US Fed, inflation, geopolitical tensions) & Weak results from index-heavyweights (Reliance, HDFC Bank, Infosys) & FII outflows or VIX spike above 16–18.
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