Nifty Analysis for 28-08-2025

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Nifty Analysis for 28-08-2025Nifty 50 IndexNSE:NIFTYPavithran1313Bullish FVG has been mitigated by today but still there is some Order gaps are there. Market Outlook: The analysis is bearish, anticipating a further decline in the Nifty 50. The current price is at 24,712.05. Trading Strategy: The plan is to initiate a short (sell) trade. The strategy is to wait for the price to first retrace upwards, targeting a "Fair Value Gap" (FVG) left by prior price action. Key Levels: Entry: The optimal entry point for a short position is within the FVG zone, specifically between 24,850 and 24,900. Stop-Loss (SL): To manage risk, the stop-loss should be placed just above this resistance area, at 24,950. Target (T1): The primary profit-taking target is a strong support level at 24,400.