📊 NIFTY 50 ANALYSIS
🔷 Market Structure (4H & 1H Overview):
Bias: Bearish (structure of lower highs and lower lows remains intact)
Current Price: 24,570
Supply Zones (Resistance):
24,760–24,820 (lower)
24,920–25,000 (upper)
Demand Zones (Support):
24,500–24,540 (minor support)
24,374 (strong swing low)
🔸 15-Minute Observations:
Price consolidating at support zone 24,500–24,540.
No bullish BOS yet — market is compressing near key support.
🟡 No-Trade Zone (Avoid Entry):
Between 24,520–24,580
Price is compressing with low volume and indecision.
Wait for breakout or breakdown to avoid trapped positions.
✅ TRADE PLAN – NIFTY
🔻 Scenario 1 – Breakdown & Sell
Entry: Below 24,500
Confirmation: Strong bearish candle closing below support with volume
Target 1: 24,374
Target 2: 24,300
Stop Loss: Above 24,540
🔺 Scenario 2 – Pullback & Sell
Entry: Near 24,750–24,800 zone
Confirmation: Bearish rejection wick or FVG retest
Target: 24,600 / 24,500
SL: Above 24,850
🔄 Scenario 3 – Reversal & Buy (Only if structure changes)
Entry: Close above 24,820 with volume
Target: 24,950–25,000
SL: Below 24,760
🔷 Market Structure (4H & 1H Overview):
Bias: Bearish (structure of lower highs and lower lows remains intact)
Current Price: 24,570
Supply Zones (Resistance):
24,760–24,820 (lower)
24,920–25,000 (upper)
Demand Zones (Support):
24,500–24,540 (minor support)
24,374 (strong swing low)
🔸 15-Minute Observations:
Price consolidating at support zone 24,500–24,540.
No bullish BOS yet — market is compressing near key support.
🟡 No-Trade Zone (Avoid Entry):
Between 24,520–24,580
Price is compressing with low volume and indecision.
Wait for breakout or breakdown to avoid trapped positions.
✅ TRADE PLAN – NIFTY
🔻 Scenario 1 – Breakdown & Sell
Entry: Below 24,500
Confirmation: Strong bearish candle closing below support with volume
Target 1: 24,374
Target 2: 24,300
Stop Loss: Above 24,540
🔺 Scenario 2 – Pullback & Sell
Entry: Near 24,750–24,800 zone
Confirmation: Bearish rejection wick or FVG retest
Target: 24,600 / 24,500
SL: Above 24,850
🔄 Scenario 3 – Reversal & Buy (Only if structure changes)
Entry: Close above 24,820 with volume
Target: 24,950–25,000
SL: Below 24,760
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.