Author outlines a technical trade plan for the NIFTY 50 index, awaiting confirmation above 26,000 for longs.
Unpriced research observations (excluded from Calls and Returns):
NIFTY — WATCH Author states that heavy put writing and call unwinding after a bounce confirm a short-term bottom, but structure remains weak below the 50 EMA at 25,900. Longs should only be initiated above 25,950 and after confirmation above 26,000. TCS and HCL Tech results and trade deal clarity are near-term drivers. Exact non-equity contract requires separate historical validation; no generic proxy.
Trade plan: Trail stops at 25,850. Longs above only 25,950 After 26,000 confirmation.