Nifty 50 Price Structure Analysis [29/12/2025: Monday]Top-Down Nifty 50 Price Structure Analysis for 29th of December 2025. The day is Monday.
(1) Monthly Time Frame:
The candle is a red paper umbrella or a hanging man. Also, the candle is inside the previous month's candle. The long-term trend is bullish, but the short-term trend is indecisive. Major resistance is 26200. Minor support is 26000. Major support is 25800. The view is indecision.
(2) Weekly Time Frame:
Nifty has successfully wasted 10 weeks in the same range (25700 - 26300). A 600-point range-bound consolidation is painful for directional traders. It is a good market for non-directional traders. Presently, the candle is a red gravestone doji. There is huge selling pressure in the zone of 26200. Major resistance is 26150. Take no bullish trades until price forms a higher highs and higher lows structure above the level 26150. Every up move should be doubted. Level 26000 is a weak support. Price sustaining below the level 26000 can pull the price down to the level 25900. The view is indecision to bearish.
(3) Daily Time Frame:
Structurally, the bulls are tired. In the daily time frame, the price is forming a complex triple top or head and shoulder (H&S) pattern. The price got multiple rejections from the levels - 26200, 26150, and 26100. Every up move should be doubted. Do not think of taking bullish trades unless the price forms a higher highs and higher lows structure above the level 26150. Weak support is 26000. If level 26000 is decisively broken, then there is a higher chance of the price reaching down to level 25900. Additionally, if level 25900 is decisively broken, then level 25800 would be a high probability target. The view is bearish.
(4) 30-Minute Time Frame:
There is a clear sign of weakness. The major resistance zone is (26150 - 26100). Weak support is 26000. Major support is at level 25900. There are multiple unfilled gaps below the level 26000. Take no bullish trades unless the price decisively starts to trade above level 26150. Initiate bearish trade the moment level 26000 is broken. The view is bearish.
Bullish Scenario Set-Up:
(i) Price sustains above the opening price.
(ii) Price starts to decisively sustain above the level 26150.
Bearish Scenario Set-Up:
(i) Price sustains below the opening price.
(ii) Price starts to decisively sustain below the level 26000.
(iii) If level 26000 is broken, then level 25900 will be a high probability target.
(iv) If level 25900 is also broken, then level 25800 will be a high probability target.
No Trading Zone (NTZ): (26150 - 26000)
Event: No expiry. But the day after is the Nifty 50 monthly expiry.
Summary of the Trading Plan (Hypothesis and Insights):
(i) Monthly TF bias is indecision.
(ii) Weekly TF bias is indecision to bearish.
(iii) Daily TF bias is bearish.
(iv) 30-Minute TF bias is bearish.
(v) Establish intraday bias with respect to the opening price.
(vi) The market is in a complex range-bound consolidation for 10 weeks. Thus, market structure is cracked, non-directional, and indecisive.
(vii) Bulls are tired while bears are slowly gaining strength. Technical patterns like complex triple top and head and shoulder (H&S) are visible.
(viii) Every up move should be doubted. Presently, a bearish bias is the path of least resistance for the market.
(ix) Think of bullish trades only when the price sustains above level 26150.
(x) Initiate bearish trades when level 26000 is decisively broken. Level 25900 is a high probability target.
(xi) If level 25900 is also broken, then level 25800 is a high probability target.
(xii) Major resistance (supply) zone: (26150 - 26100).
(xiii) Major support (demand) zone: (25850 - 25800).
(xiv) No Trading Zone (NTZ): (26150 - 26000).
(xv) Monthly expiry is near. Also, the quarter (the 3rd quarter of the financial year) is ending. Thus, we can expect major price anomalies and chaos.
(xvi) Trade only when bullish/ bearish conditions are fulfilled. Remember, not trading is an extension of the trading activity.
NOTE:
"Mark your points. Trade your points. Price is God. Anything can happen in the markets. Therefore, trade what you see, not what you believe."
Happy Trading!
