AkshayRajan

ANALYSIS ON NIFTY 50

Long
NSE:NIFTY   Nifty 50 Index
Market Structure
TF : 1 HR

HH- Higher High
HL- Higher Low
LL- Lower Low
LH- Lower High

Market Structure is the technical structure of any market that appears over time as one primary position holds the majority of the strength (buyers or sellers). Market structure is a key technical understanding to be able to identify what the market has been doing in the past and what it has the potential to do in the future.

Market Structure is the continuous series of higher highs and higher lows (bullish market structure) or the continuous series of lower highs and lower lows (bearish market structure). When market structure is non relevant and there are no higher highs or lower lows, this is a time of consolidation.

Market structure can be bullish, bearish, or none

Bullish
As stated above, bullish market structure is a series of higher highs and higher lows in the markets. We can identify this series by seeing 2 or more sets of higher highs and higher lows

Bearish
Bearish market structure is a series of Lower highs and lower lows in the markets. We can identify this series by seeing 2 or more sets of lower highs and lower lows

Sideways/Consolidation
During times of consolidation in the markets we will see that there is essentially no creation of HH or LL due to the market being in such a balanced state

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