Nifty 50 Index
Long

Nifty Market Structure Analysis & Trade Plan: 22nd August

93
🔎 Nifty Technical View (Close ~25,076)

Higher Timeframe (4H)

Resistance Zone: 25,200 – 25,300.

Support Zone: 25,000 immediate, 24,850 – 24,900 major demand.

Price is above EMA but showing wicks near supply, indicating hesitation.

Medium Timeframe (1H)

Price consolidating in 25,050 – 25,100 zone.

Still bullish structure but upside momentum is stalling.

Lower Timeframe (15M)

Short-term demand (OB) at 25,020 – 25,040.

Rejection wicks above 25,100 showing sellers active.

📌 Trading Plan for 22nd Aug

Long Setup

Entry Trigger: If Nifty breaks & sustains above 25,120.

Targets: 25,200 → 25,280 → 25,300.

Stop-loss: 25,050.

Short Setup

Entry Trigger: If Nifty breaks below 25,000 and sustains.

Targets: 24,950 → 24,900 → 24,850.

Stop-loss: 25,050.

✅ Summary

Clear bias levels:

Long above 25,120 toward 25,300.

Short below 25,000 toward 24,850.

Range between 25,000 – 25,100 will likely stay choppy — avoid trading there.

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