Volume turnaround seen in Nifty on daily chart but...

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Volume turnaround seen in Nifty on daily chart but...Nifty 50 IndexNSE:NIFTYTrendxincSo as we’ve been studying for the past 3 days – NIFTY’s candle kept closing red but the volume was with buyers. Yesterday, that clearly reflected with the index jumping +225 points in a sharp, clean move. Cheers to those who trusted the commentary and took early entries! I did too. The idea now is simple – hold on to that position until we see sellers’ volume with a green candle. Now, let’s check the data for tomorrow: – Pivot has moved up to 24770 – PP is wide, which signals a sideways to trending day with bullish tone intact – Support for tomorrow is 24800 – Resistance for the day is 24930. Only if this level is breached and sustained for at least 1 hour can we expect a sharp move. Any dip from here remains a buy opportunity as long as the index stays above the pivot at 24770, because the current candle is backed by buyers’ volume. But keep this in mind – the net volume of the market is still in red. That means it’s not yet the time to open long-term portfolio positions. Wait for net volume to give a turnaround before building long-term stock holdings. Remember, we are still under the correction zone that began in September 2024. On the sector front, rotation is being seen in Defence and Media, while Finance and NBFC continue in high momentum for the short term. FnO stocks with buyers’ volume up are: BHARATFORG and BSE You can look for intraday opportunities here. But for options trading, be mindful of pivotal entries and IVP. Sometimes these stocks take more than a day to move, so don’t be disheartened if they don’t react immediately. Keep them on watch and plan your entry to manage risk. That’s all for the day. Take care and have a profitable tomorrow. I truly hope you learn and earn a lot with me! --- 📊 Levels at a glance: Pivot: 24770 Support: 24800 Resistance: 24930 (sustain 1 hour = sharp move) Pivot Percentile: Wide (sideways to trending) Bias: Bullish as long as index holds above pivot, buy dips backed by volume Sectors to watch: NIFTY_IND_DEFENCE , CNXMEDIA , CNXFINANCE , NBFC FnO Focus: #BHARATFORGE, #BSE