Zydus Wellness split 1:5The chart in TradingView shows the stock falling 80% and a huge gap.
This is a 1:5 split. If you previously owned one share, you will now own five shares.
The chart in TradingView will be updated over time.
Good luck.
Beyond Technical Analysis
Sensex Structure Analysis and Trade Plan: 18th September4-Hour Chart (Swing Context)
Trend: The Sensex index is currently in an ascending channel formation after a prior downtrend.
Key Zone: The price is approaching the 82,700-82,800 supply zone, which is a significant resistance area.
Previous Break: The price has broken above the 81,800 level, which is now acting as a potential demand zone.
Bias: The overall momentum is bullish, but the price is currently within a major resistance zone.
1-Hour Chart (Intraday Context)
Structure: The price action is forming a clear pattern of higher highs and higher lows, indicating a bullish structure.
Support: The 81,800 level, which was previously resistance, is now acting as a support zone and showing strong bounces.
Current Action: The price is currently consolidating below the 82,700-82,800 supply zone.
BOS: The buying order flow is still dominant, but the upside liquidity appears to be thinning.
15-Minute Chart (Execution View)
Action: The price is in a sideways consolidation pattern below the 82,650 level. OB: The order block around 81,700-81,800 is acting as a support buffer.
FVG: Minor FVGs in the 82,000-82,100 zone may offer intraday support.
Channel: The price is respecting the ascending channel boundaries.
Trade Plan (18th September)
Bullish Scenario
Entry: Buy on a retracement towards the 81,700-81,800 demand zone (OB + structure support).
Targets:
TP1: 82,400 (intraday liquidity)
TP2: 82,700-82,800 (supply zone top & channel resistance)
Stop Loss: Below 81,600 (channel bottom & invalidation).
Bearish Scenario
Entry: Short on a rejection of the 82,700-82,800 supply zone with a strong bearish signal (e.g., engulfing candle).
Targets:
TP1: 82,100 (potential FVG fill)
TP2: 81,700-81,800 (major demand zone/OB)
Stop Loss: Above 82,800.
Bias: Neutral-to-Bullish. Expecting a potential pullback to 81,700-81,800 before a move towards the 82,700-82,800 resistance zone.
Caution: If the 81,700-81,800 demand zone fails to hold, expect a further downside acceleration towards 81,500-81,300.
BankNifty Structure Analysis and Trade Plan: 18th September4-Hour Chart (Swing Context)
Trend: The BankNifty index is currently in an ascending channel formation after a prior downtrend.
Key Zone: The price is approaching the 55,600-55,800 supply zone, which is a significant resistance area.
Previous Break: The price has broken above the 54,400 level, which is now acting as a potential demand zone.
Bias: The overall momentum is bullish, but the price is currently within a major resistance zone.
1-Hour Chart (Intraday Context)
Structure: The price action is forming a clear pattern of higher highs and higher lows, indicating a bullish structure.
Support: The 54,400 level, which was previously resistance, is now acting as a support zone and showing strong bounces.
Current Action: The price is currently consolidating below the 55,600-55,800 supply zone. BOS: The buying order flow is still dominant, but the upside liquidity appears to be thinning.
15-Minute Chart (Execution View)
Action: The price is in a sideways consolidation pattern below the 55,500 level.
OB: The order block around 54,400-54,500 is acting as a support buffer. FVG: Minor FVGs in the 54,800-54,900 zone may offer intraday support.
Channel: The price is respecting the ascending channel boundaries.
Trade Plan (18th September)
Bullish Scenario
Entry: Buy on a retracement towards the 54,400-54,500 demand zone (OB + structure support).
Targets:
TP1: 55,300 (intraday liquidity)
TP2: 55,600-55,800 (supply zone top & channel resistance)
Stop Loss: Below 54,300 (channel bottom & invalidation).
Bearish Scenario
Entry: Short on a rejection of the 55,600-55,800 supply zone with a strong bearish signal (e.g., engulfing candle).
Targets:
TP1: 55,000 (potential FVG fill)
TP2: 54,400-54,500 (major demand zone/OB)
Stop Loss: Above 55,800.
Bias: Neutral-to-Bullish. Expecting a potential pullback to 54,400-54,500 before a move towards the 55,600-55,800 resistance zone.
Caution: If the 54,400-54,500 demand zone fails to hold, expect a further downside acceleration towards 54,100-53,900.
Nifty Structure Analysis & Trade Plan : 18th September 4-Hour Chart:
Trend Context: Nifty has been in a strong uptrend, forming a rising channel. It has now reached a significant overhead supply zone, indicated by price action on Sep 17th.
Key Resistance: The red zone at 25,330 - 25,400 is a crucial area of overhead supply. The close on Sep 17th was at 25,330.05, right at the edge of this zone.
Key Support: The green support zone around 24,900 - 24,950 was a significant pivot. The ascending channel's lower trendline and the subsequent higher low formation around 25,000 - 25,100 have also served as support.
Observation: Nifty has closed precisely at the upper boundary of the rising channel and at the lower edge of the significant supply zone (25,330 - 25,400). This indicates a potential turning point. The price action on Sep 17th shows indecision with a long wick at the top, suggesting sellers are active in this zone.
1-Hour Chart:
Intraday Structure: The 1-hour chart shows a bullish trend with higher highs and higher lows within the ascending channel. However, the momentum appears to be slowing as it approaches the 25,330 - 25,400 supply. The closing candle on Sep 17th has a long upper wick, indicating rejection from higher prices.
EMA (21): The EMA (21) is around 25,170, currently acting as intraday support. Price closed above it, but the proximity to the resistance zone makes it a critical level to watch.
Fair Value Gap (FVG): A notable FVG exists between 25,100 - 25,200. This area was used as a pivot and demand zone during the recent rally. A break below this could signal further weakness.
Break of Structure (BOS): The chart indicates a BOS on the upside around 25,180, confirming the upward momentum. However, the recent price action at the resistance suggests this momentum might be stalling.
15-Minute Chart:
Micro-Structure: The 15-minute chart reveals that price attempted to break above 25,330 but was met with strong selling pressure, leading to a liquidity grab above the resistance before pulling back. This resulted in a confirmed Break of Structure (BOS) downwards on this timeframe around 25,240.
Consolidation: Price is currently consolidating just below the 25,240 level, which is now acting as immediate resistance. The support level to watch is around 25,100-25,120 (where the FVG and previous BOS occurred).
Short-Term Bias: The failure to sustain price above 25,330 and the subsequent BOS on the 15M chart indicate short-term weakness. Buyers are defending the area around 25,100-25,120.
Summary of Key Dynamics for September 18th:
Nifty is at a critical juncture, exactly at the confluence of the upper boundary of its rising channel and a significant supply zone (25,330 - 25,400). The closing candle on Sep 17th shows rejection. The 15-minute chart confirms a short-term BOS downwards after a liquidity grab, indicating potential downside. The key levels to watch are 25,330 for resistance and 25,100-25,120 for support.
📝 Trade Plan - Nifty 50 (18th September 2025)
Long Scenario (Cautious):
Entry Zone: 25,100 - 25,150 (retest of the previous BOS/FVG zone, if it holds as support)
Targets:
T1: 25,240 (immediate resistance on 15M)
T2: 25,300 (psychological level)
T3: 25,330 - 25,400 (major supply zone - look for signs of reversal or a strong breakout)
Stop Loss: Below 25,050 (below the recent swing low and the FVG area)
Short Scenario (Preferred Bias):
Trigger: A confirmed break and sustained close below 25,100 on the 15M/1H chart.
Entry Zone: 25,120 - 25,150 (retest of the broken support/FVG zone as resistance)
Targets:
T1: 25,000 (psychological support)
T2: 24,900 - 24,950 (major demand zone)
T3: 24,800 (lower support if major demand fails)
Stop Loss: Above 25,200 (above the recent swing high and the FVG fill area)
Summary for September 18th:
Below 25,330: Look for shorts with targets towards 25,100 and then 24,900 - 24,950.
Above 25,330: If Nifty can decisively break and hold above 25,330, longs could be considered, but with extreme caution and tight stops, targeting 25,400 and then looking for signs of exhaustion.
Expect volatility around the open. It is best to wait for the 15M structure confirmation after the market opens to gauge the true direction, especially given the confluence of resistance and channel boundary.
IPL (India Pesticides Limited) Price ActionIPL (India Pesticides Limited) closed today at ₹235.84, after trading within an intraday range of approximately ₹217 to ₹239. The stock showed strength supported by steady volumes.
Technically, IPL shows a mixed to neutral outlook. The shorter-term moving averages (10, 20, 30, 50-day EMAs and SMAs) are signaling sell, while longer-term moving averages (100 and 200-day) show buy signals, indicating some consolidation or indecision near current levels. Momentum oscillators like RSI (around 46) and MACD are neutral to slightly bearish, with some buy signals from momentum and stochastic RSI.
Support is visible near ₹220–225, with resistance near ₹240–245. Sustained trading above resistance could open bullish momentum toward ₹260, while a drop below support might trigger short-term weakness to around ₹200.
In summary, IPL sits in a cautious consolidation zone with mixed technical signals but potential for a directional move on breakout or breakdown.
PCJEWELLER Price ActionPC Jeweller closed today at ₹14.66, up around 9.4% from the previous close. The stock traded in a range between ₹13.37 and ₹15.38 during the session, showing strong buying interest and significant intraday volatility. The price surge follows better-than-expected quarterly results, with a 4% year-on-year rise in consolidated net profit and substantial revenue growth, which supported bullish momentum.
Technically, PC Jeweller is showing signs of a bullish shift with support around ₹13–14 and resistance near ₹15–16.70. A sustained move above ₹15 could open the path toward higher levels between ₹16 and ₹17. The stock has been forming higher lows and maintaining good volume, signaling strength. However, a breakdown below ₹13–13.50 would indicate a loss of momentum and potential short-term correction.
Overall, PC Jeweller currently exhibits bullish momentum with positive fundamentals supporting the uptrend, but it remains essential to monitor key support and resistance zones closely for trade decisions.
BAJAJ FINANCE NEXT TARGETTrend Now - Side ways in 1 Hour candle
BLACK LINE - STOPLOSS HUNTING LINES-when you buy above the black line it will fall below the Black line.
When you short below the black line again it will go up the black line.
so your SL will be hit on both ways.So be cautious around the Black line
GREEN LINE BOX - SUPPORTS
PREDICTION - If resistance gives a big candle with high volume break out next target will be
VIOLET ARROW - Next target Level
RED LINE BOX - RESISTANCE
#PENINDAsset: Pennar Industries Ltd (PENIND)
Entry Level: 233
Potential Target: 300 (1st target)
Stop Loss: 221 (~4.5% risk)
Timeframe: Short to Medium term
Risk to Reward ratio : 1:2
Rationale:
Fundamentals -
Fundamentally decent stock with the following attributes:
* ROCE - 16.0%
* ROE - 12.7%
* Debt to Equity - 0.81
* Stock PE 26 / Industry PE - 37.4 || Stock PBV 3.11 / Industry PBV 4.21 - Company is underpriced
* EPS / Revenue - Has been increasing for the last 6 months
* ADR is 3.7%
Technical -
* Overall structure - Structure seems to be forming a cup after a breakout from an earlier cup structure, 10 DMA is crossing above the 20 DMA
* Relative Strength is picking up.
* Multiple timeframe analysis - Weekly structure is forming a penant structure
Market analysis
* Promoter holding has gone up.
* Holding pattern - FIIs increased significantly / DIIs have added / Promoter holding steady / Retail reducing
Cons
* Momentum and ADR is low indicating slow movement potential
This analysis is for educational purposes only and should not be considered as financial advice. Trading and investing in financial markets involve significant risk, and past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any trading or investment decisions. The author is not responsible for any financial losses or damages that may result from the use of this information.
Why Most Traders Stay Average: The Comfort Trap[ Most traders treat moving averages like magic buy/sell buttons.
That’s not how professionals think .
A moving average is a map of trend + structure, not a trading signal.
❌ The Retail Mistake
Buying when price crosses above
Selling when price crosses below.
Blindly trusting “golden cross” or “death cross.”
👉 Result: Whipsaws, fake entries, frustration.
✅ The Pro Mindset
Trend filter: Are we in uptrend (above MA), downtrend (below MA), or chop (whipsaw around MA)?
Dynamic support/resistance: Does price respect the MA and bounce, or reject and break?
Mean reversion tool: If price stretches too far from the MA, expect it to snap back.
📊 In this NIFTY 50 chart:
April–June → Price rode the 50MA upward (dynamic support).
July–Aug → Price broke below → MA flipped into resistance.
Now → Price reclaiming above → shows buyers regaining control.
🎯 How You Can Use This
Use a 20/50/200 MA to filter trend → trade in the direction of bias.
Use MAs as areas of interest, not entry triggers. Wait for price reaction.
Don’t predict → let context confirm.
👉 Moving averages don’t predict. They contextualize.
Stop asking them for signals. Start using them as maps.
💡 Save this. Follow for daily trader mindset + real education — no fluff.
Market Sentiment: Optimism for Euro – But Here’s My Plan According to last CME report, there’s clear bullish sentiment across major currencies trading against the US dollar.
We’re seeing naked calls placed at multiple levels above current prices:
1.38 on GBP
1.295 on CHF
In other words: options traders are pricing in further USD weakness.
This aligns with earlier signals:
1.The JPY 'Butterfly' (still active)
2. The EUR 'Ratio spread' — also still in play
So what’s my move today?
✅ First: I exited all positions this morning.
No overexposure ahead of the Fed decision.
🎯 Now: I’m watching for long entries near the ER zone (see chart).
Notably, just below ER low boundary - put at 1.185 (act as support), which appeared in the report.
The option is worth ~$900K — not huge, but significant enough to catch my eye.
I’ll watch closely — and only enter if price respects it.
Bank of Baroda – Breakout Trade Idea🏦 Bank of Baroda – Breakout Trade Idea
Ticker: NSE: BANKBARODA
Timeframe: 1D
Bias: Bullish Breakout
📊 Technical Setup
Price has broken out of a falling trendline resistance with strong bullish momentum.
Forming a higher low structure, confirming trend reversal.
RSI climbing above 60, signaling renewed strength.
Volume pickup confirms participation in the breakout.
📌 Trade Plan
Entry: ₹246–249 (on sustained close above resistance zone).
Target 1: ₹270
Target 2: ₹300
Stoploss: ₹233 (below recent swing low).
Risk:Reward ≈ 1:3
🔮 Astro Justification (Optional Tone)
Jupiter, the natural significator of banking & finance, is currently well placed, favoring momentum in PSU banking counters.
Mercury’s transit further strengthens financial institutions and short-term liquidity, aligning with PSU bank rallies.
Historical cycles show PSU banks outperform during Jupiter-Mercury positive alignments, adding conviction to this breakout.
⚠️ Disclaimer
This is an educational trade idea, not financial advice. Please manage risk before trading.
Nifty 50 Breakout and RSI Momentum Analysis – Sept 2025This TradingView chart presents a technical analysis of Nifty 50, highlighting a recent breakout from a descending trendline with harmonic ABCD pattern and advanced RSI insights. Key support and resistance levels are marked, and RSI momentum shows a clear structural shift as of September 17, 2025. The setup visualizes Fibonacci zones, price action targets, and a multi-timeframe confluence to help traders anticipate future market moves and confirm trend reversals.
Abbott India – Swing Trade Idea💊 Abbott India – Swing Trade Idea
Ticker: NSE: ABBOTINDIA
Timeframe: 1D
Bias: Bullish Rebound
📊 Technical Setup
Price has corrected into a strong demand zone (₹30,000–30,500) supported by long-term rising channel.
Forming a descending triangle breakout setup with confluence of support.
RSI near 40, showing oversold-to-reversal potential.
Volume contraction → suggests accumulation phase before breakout.
📌 Trade Plan
Entry: ₹31,000–31,200 (on sustained close above short-term trendline).
Target 1: ₹34,500
Target 2: ₹37,000+
Stoploss: ₹30,000 (below demand zone).
Risk:Reward ≈ 1:3
🔮 Astro Justification
Sun governs health, vitality, and pharmaceuticals. Its current strengthening in transit supports momentum in the pharma sector.
Jupiter’s aspect is bringing institutional inflows toward defensive stocks like pharma & FMCG, especially in uncertain market phases.
Historically, pharma counters respond positively during Sun + Jupiter supportive cycles, aligning with Abbott India’s potential rebound.
⚠️ Disclaimer
This is for educational purposes only, not financial advice. Do your own analysis and manage risk before trading.
Deepak Nitrite – Breakout Trade Idea🚀Deepak Nitrite – Breakout Trade Idea
Ticker: NSE: DEEPAKNTR
Timeframe: 1D
Bias: Bullish Reversal
📊 Technical Setup
Stock has been in a long-term downtrend but is now forming a base near ₹1730–1760 support zone.
Price has successfully bounced from support and is challenging the downtrend resistance trendline.
RSI turning upwards from oversold zone – early signs of momentum shift.
Strong volume confirmation on the recent green candle.
📌 Trade Plan
Entry: ₹1845–1860 (on sustained close above resistance trendline).
Target 1: ₹2100
Target 2: ₹2450
Stoploss: ₹1730 (below recent swing support).
Risk:Reward ≈ 1:3
🔮 Sentiment / Astro Note (Optional)
Current planetary transits favor chemicals & specialty sectors, which may fuel momentum in Deepak Nitrite in coming weeks.
Venus (significator of chemicals, fragrances, and allied industries) is currently strong in transit, enhancing momentum in specialty chemicals.
Mercury supports industrial growth themes, and its alignment is favoring mid-cap chemical counters.
The Moon’s transit in benefic houses this week further boosts short-term liquidity and sentiment in cyclicals.
Historically, chemical sector stocks show upward bias during such Venus-dominant transits, and Deepak Nitrite fits well in this sectoral play.
⚠️ Disclaimer
This is an educational trade idea, not financial advice. Please manage risk and use your own discretion before trading.
COCHINSHIP IN (Cochin Shipyard) LongCSL is the largest shipbuilder and ship repairer in India
The company recently bagged a contract with Adani Ports and SEZ for the construction of eight tugboats worth about $54 million through its subsidiary Udupi Cochin Shipyard Limited
The conclusion of the Master Ship Repair Agreement (MSRA) with the US Navy for the repair of USNS ships opens up a significant new source of revenue
The company showed an impressive 38.51% YoY revenue growth in the last quarter, reaching INR 106.86 billion
From a technical perspective
-There was an ascending trend line
-Breakout up and then retest of the descending line.
-The correction is ending
-Expect a breakout of the resistance and an increase in quotes
ICICIBANK 1D Time frameCurrent Stock Price
Current Price: ₹1,421.60
Day’s Range: ₹1,420.00 – ₹1,426.10
52-Week Range: ₹1,186.00 – ₹1,500.00
Market Cap: ₹10.17 lakh crore
P/E Ratio (TTM): 18.01
EPS (TTM): ₹74.05
Dividend Yield: 0.77%
Book Value: ₹436.67
📈 Trend & Outlook
Short-Term Trend: Bullish; the stock is trading near its 52-week high, indicating strong investor confidence.
Resistance Levels: ₹1,426.10 (day’s high), ₹1,500.00 (52-week high).
Support Levels: ₹1,420.00 (day’s low), ₹1,400.00 (psychological support).
Investor Sentiment: Positive, with strong institutional interest and favorable analyst outlooks.
🧭 Analyst Insights
Valuation: The stock is trading at a P/E ratio of 18.01, which is slightly below the sector average of 19.82, suggesting potential value.
Growth Prospects: The bank's strong earnings growth and robust capital position support its premium valuation.
USDCAD Scalping the 1.3740-1.3720 Decision Zone USDCAD at make-or-break support (1.3740–1.3720).
📈 Bullish Plan:
Entry: 1.3745 | SL: 1.3725 | TP1: 1.3770 | TP2: 1.3810 🚀
📉 Bearish Plan:
Entry: <1.3720 | SL: 1.3740 | TP1: 1.3700 | TP2: 1.3680 ⚡
👉 Watch this zone — bounce = long, break = short.
USDCAD is sitting at a critical 1.3740–1.3720 support zone.
This area can trigger either a bullish bounce or a bearish breakdown — perfect for a scalping setup.
“USDCAD: Scalping the 1.3740–1.3720 Decision Zone 🚀⚡”
USDCAD is testing a key 1.3740–1.3720 support zone after a strong bearish move. This level has acted as a demand area multiple times, making it a critical decision point.
Bullish case: If buyers defend this range, a rebound toward 1.3770–1.3810 is possible.
Bearish case: A clean break below 1.3720 opens the door for a slide toward 1.3700–1.3680 liquidity.
📍 Watch how price reacts here — this zone will decide the next move.
GESHIP: Supply Zone Test After Base Formation GESHIP has rebounded and is now testing a prominent supply zone near ₹1,100 after forming a steady base and triggering pocket pivot and non-linear base patterns. Price action shows improving momentum above key EMAs, with accumulation possible in the ₹1,000–₹1,050 zone and targets at ₹1,200–₹1,250. Traders should note the base formation, supply zone resistance, and maintain risk management below ₹920 (closing basis).
NQ-LONGSSELL-SIDE LIQUIDITY GRAB.
Lets see how liquidity sweep works. Perfect setup !!
Good 1:3 target
Sensex Structure Analysis and Trade Plan: 17th September
4-Hour Chart (Swing Context)
Trend: The Sensex index is currently in an ascending channel formation after a prior downtrend.
Key Zone: The price is approaching the 82,100-82,300 supply zone, which is a significant resistance area.
Previous Break: The price has broken above the 81,200 level, which is now acting as a potential demand zone.
Bias: The overall momentum is bullish, but the price is currently within a major resistance zone.
1-Hour Chart (Intraday Context)
Structure: The price action is forming a clear pattern of higher highs and higher lows, indicating a bullish structure.
Support: The 81,200 level, which was previously resistance, is now acting as a support zone and showing strong bounces.
Current Action: The price is currently consolidating below the 82,100-82,300 supply zone.
BOS: The buying order flow is still dominant, but the upside liquidity appears to be thinning.
15-Minute Chart (Execution View)
Action: The price is in a sideways consolidation pattern below the 82,000 level.
OB: The order block around 81,100-81,200 is acting as a support buffer.
FVG: Minor FVGs in the 81,300-81,350 zone may offer intraday support.
Channel: The price is respecting the ascending channel boundaries.
Trade Plan (17th September)
Bullish Scenario
Entry: Buy on a retracement towards the 81,100-81,200 demand zone (OB + structure support).
Targets:
TP1: 81,500 (intraday liquidity)
TP2: 82,100-82,200 (supply zone top & channel resistance)
Stop Loss: Below 81,000 (channel bottom & invalidation).
Bearish Scenario
Entry: Short on a rejection of the 82,100-82,300 supply zone with a strong bearish signal (e.g., engulfing candle).
Targets:
TP1: 81,300 (potential FVG fill)
TP2: 81,100-81,200 (major demand zone/OB)
Stop Loss: Above 82,300.
Bias: Neutral-to-Bullish. Expecting a potential pullback to 81,100-81,200 before a move towards the 82,100-82,300 resistance zone.
Caution: If the 81,100-81,200 demand zone fails to hold, expect a further downside acceleration towards 80,800-80,600.
Banknifty Structure Analysis & Trade Plan :17th September 4-Hour Chart:
Trend Context: Bank Nifty has shown a robust recovery within an ascending channel after a prior downtrend. Today's close (Sep 16th) was right at the upper boundary of this channel and nearing a significant resistance zone.
Key Resistance: The major red zone between 55,100 and 55,200 remains a critical overhead supply area. The close for Sep 16th at 55,166.80 places it just within this resistance band.
Key Support: The area around 54,600 - 54,700 is a significant support zone. The ascending channel's lower trendline is also below the current price, providing a broader support structure.
Observation: Bank Nifty has consistently made higher highs and higher lows within its ascending channel, approaching a strong resistance level. The closing candle suggests that price is actively challenging this resistance. A successful break above 55,100-55,200 would be a significant bullish development.
1-Hour Chart:
Intraday Structure: The 1-hour chart confirms the persistent bullish momentum, with price making higher highs and higher lows within the ascending channel. The surge towards the end of Sep 16th has brought the price right to the edge of the 55,100 - 55,200 resistance.
EMA (21): The EMA (21) is around 54,908, serving as an intraday support. The price closed significantly above it, reinforcing the bullish sentiment for the immediate term.
Fair Value Gap (FVG): The FVG between 54,700 - 54,800 was filled earlier in the day. This suggests that some prior imbalances have been resolved, and the market is now focused on the current resistance.
Breakout Potential: The price action on the 1-hour chart is indicative of a potential breakout. A sustained close above 55,100 on the 1-hour timeframe would be a strong signal for further upside.
Summary of Key Dynamics for September 17th:
Bank Nifty is poised at a crucial resistance level (55,100 - 55,200) after a strong upward move within an ascending channel. The closing price suggests that the market is actively testing this resistance. For September 17th, the key focus will be on whether Bank Nifty can break through this supply zone or if it will face rejection and pull back within the channel.
Trade Plan - Bank Nifty (17th September 2025)
Bullish Scenario:
Entry Triggers:
A decisive and sustained breakout and close above 55,100 on the 1-hour chart, confirmed by strong buying volume.
A strong bullish reaction from the upper trendline of the ascending channel if price pulls back slightly before attempting another breakout.
Target Levels:
55,200 (immediate psychological level post-breakout)
55,300 - 55,400 (next potential resistance zone)
Higher targets are possible if the breakout is strong, but will be determined by market sentiment and price action beyond 55,400.
Stop Loss:
For breakout entries: Below 55,000 or the low of the breakout candle.
For entries on channel support (if any): Below the upper trendline of the ascending channel or a previous minor swing low.
Bearish Scenario:
Entry Triggers:
A strong bearish rejection from the 55,100 - 55,200 resistance zone, indicated by bearish candlestick patterns (e.g., shooting star, bearish engulfing) on the 1-hour chart.
A decisive break and sustained trade below 55,000, signalling a failure to break resistance and a potential move back into the ascending channel.
A break below the 54,908 (EMA 20) could signal intraday weakness.
Target Levels:
55,000 (immediate psychological level on rejection)
54,908 (EMA 20)
54,700 - 54,600 (key support zone)
54,400 (next significant support level)
Stop Loss:
For rejection entries: Above the high of the rejection candle at resistance (likely above 55,250).
For breakdown entries: Above 55,100 or the immediate swing high.
🎯 Bias for 17th September 2025
Neutral to Bullish, with strong emphasis on breakout confirmation. Bank Nifty is at a critical resistance level (55,100 - 55,200). The bullish momentum from the ascending channel suggests a potential breakout.
Nifty Structure Analysis & Trade Plan: 17th September
4-Hour Chart (Swing Context)
Trend: The market is currently in an ascending channel formation after a prior downtrend.
Key Zone: The price is approaching the 25,200-25,300 supply zone, which is a significant resistance area.
Previous Break: The price has broken above the 25,100 level, which is now acting as a potential demand zone.
Bias: The overall momentum is bullish, but the price is currently within a major resistance zone.
1-Hour Chart (Intraday Context)
Structure: The price action is forming a clear pattern of higher highs and higher lows, indicating a bullish structure.
Support: The 25,100 level, which was previously resistance, is now acting as a support zone and showing strong bounces.
Current Action: The price is currently consolidating below the 25,200-25,300 supply zone.
BOS: The buying order flow is still dominant, but the upside liquidity appears to be thinning.
15-Minute Chart (Execution View)
Action: The price is in a sideways consolidation pattern below the 25,250 level.
OB: The order block around 25,050-25,100 is acting as a support buffer.
FVG: Minor FVGs in the 25,150-25,180 zone may offer intraday support.
Channel: The price is respecting the ascending channel boundaries.
Trade Plan (17th September)
Bullish Scenario
Entry: Buy on a retracement towards the 25,050-25,100 demand zone (OB + structure support).
Targets:
TP1: 25,200 (intraday liquidity)
TP2: 25,300 (supply zone top & channel resistance)
Stop Loss: Below 24,950 (channel bottom & invalidation).
Bearish Scenario
Entry: Short on a rejection of the 25,200-25,300 supply zone with a strong bearish signal (e.g., engulfing candle).
Targets:
TP1: 25,150 (potential FVG fill)
TP2: 25,050-25,100 (major demand zone/OB)
Stop Loss: Above 25,300.
Bias: Neutral-to-Bullish. Expecting a potential pullback to 25,050-25,100 before a move towards the 25,200-25,300 resistance zone.
Caution: If the 25,050-25,100 demand zone fails to hold, expect a further downside acceleration towards 24,800-24,600.
Nifty 50 Breakout & Market Breadth Trend (Sep 2025) This chart highlights a Nifty 50 near-term breakout following a completed ABCD harmonic structure and rising market breadth levels into mid-September 2025. Key Fibonacci resistance zones are mapped, with price targets up to 25,500 based on the 0.786 and 0.886 extension levels. The market breadth indicator signals an emerging bullish momentum, reinforcing potential continuation above recent highs if index breadth sustains above 60.
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