๐ NIFTY 50 ANALYSIS
๐ท Market Structure (4H & 1H Overview):
Bias: Bearish (structure of lower highs and lower lows remains intact)
Current Price: 24,570
Supply Zones (Resistance):
24,760โ24,820 (lower)
24,920โ25,000 (upper)
Demand Zones (Support):
24,500โ24,540 (minor support)
24,374 (strong swing low)
๐ธ 15-Minute Observations:
Price consolidating at support zone 24,500โ24,540.
No bullish BOS yet โ market is compressing near key support.
๐ก No-Trade Zone (Avoid Entry):
Between 24,520โ24,580
Price is compressing with low volume and indecision.
Wait for breakout or breakdown to avoid trapped positions.
โ TRADE PLAN โ NIFTY
๐ป Scenario 1 โ 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
๐บ Scenario 2 โ Pullback & Sell
Entry: Near 24,750โ24,800 zone
Confirmation: Bearish rejection wick or FVG retest
Target: 24,600 / 24,500
SL: Above 24,850
๐ Scenario 3 โ Reversal & Buy (Only if structure changes)
Entry: Close above 24,820 with volume
Target: 24,950โ25,000
SL: Below 24,760
๐ท Market Structure (4H & 1H Overview):
Bias: Bearish (structure of lower highs and lower lows remains intact)
Current Price: 24,570
Supply Zones (Resistance):
24,760โ24,820 (lower)
24,920โ25,000 (upper)
Demand Zones (Support):
24,500โ24,540 (minor support)
24,374 (strong swing low)
๐ธ 15-Minute Observations:
Price consolidating at support zone 24,500โ24,540.
No bullish BOS yet โ market is compressing near key support.
๐ก No-Trade Zone (Avoid Entry):
Between 24,520โ24,580
Price is compressing with low volume and indecision.
Wait for breakout or breakdown to avoid trapped positions.
โ TRADE PLAN โ NIFTY
๐ป Scenario 1 โ 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
๐บ Scenario 2 โ Pullback & Sell
Entry: Near 24,750โ24,800 zone
Confirmation: Bearish rejection wick or FVG retest
Target: 24,600 / 24,500
SL: Above 24,850
๐ Scenario 3 โ Reversal & Buy (Only if structure changes)
Entry: Close above 24,820 with volume
Target: 24,950โ25,000
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.