NIFTY 50 | Bullish Structure vs Bearish Candles — What Next?Pure Price Action & Volume Study
Index: NIFTY 50
Timeframe: Weekly
Method: Price Action + Volume
🔍 Market Structure
On the weekly timeframe, NIFTY 50 continues to form a VCP (Volatility Contraction Pattern) — a structurally bullish setup that generally supports higher prices once resolved correctly.
However, recent candle behaviour introduces a clear warning sign.
🕯️ Candlestick + Volume Analysis
The last two weekly candles are Hanging Man formations. Both candles printed with identical weekly volumes (~1.23B). Hanging Man is a reversal pattern when it appears near resistance
Important clarity:
Hanging Man ≠ Hammer
Hammer forms near support (bullish)
Hanging Man forms near resistance (potential weakness)
This suggests supply entering the market despite a bullish broader structure.
⚖️ How to Read the Conflict
Chart pattern: Bullish (VCP intact)
Candlestick signal: Bearish (Hanging Man + matching volume)
When structure and candles diverge, markets often choose sideways or corrective price action before the next directional move.
📉 Probable Price Path
There is a reasonable probability of:
A move back toward 25,700 (low of the recent weekly candle)
Or a deeper retracement into the nearest weekly support zone around 25,300
This pullback could help form a small rounding base, strengthening the existing VCP before another attempt toward 26,000
📊 Bias & Key Levels
View: Bearish → Sideways
Bullish only if:
Price breaks and sustains above ATH 26,325
Preferably with a strong weekly body candle, not a wick-based breakout
Until that happens, upside remains unconfirmed.
🧠 Final Thought
This is a classic “structure vs signal” situation:
Bullish patterns need bearish candles to get resolved first.
Patience is part of price action.
⚠️ Disclaimer:
This analysis is for educational purposes only. Not a trading or investment recommendation. Markets are risky—always manage risk and position size carefully.
👍 If this idea added value, boost it, follow for more pure price-action studies, and comment with the next stock or index you’d like analysed.
Community ideas
Gold (XAUUSD) – 1H | Short AnalysisTrend: Short-term bullish, strong impulsive move from ~4660 → 4745.
Current: Mild pullback / profit booking near highs (~4725).
Resistance: 4745–4760 zone (supply visible).
Support: 4700–4685 (immediate), deeper 4660.
Bias:
Above 4700 → pullback buy possible, trend intact.
Below 4685 → deeper correction likely.
View: Bullish structure, but expect consolidation or shallow retrace before next move.
KFINTECH – Daily | Compression → Breakout SetupKFINTECH has been in a long consolidation phase after a strong move and is now trading near an important demand zone. Price is forming higher lows, indicating selling pressure is reducing.
This setup looks like a build-up before a directional move.
🔹 Trend: Neutral → Turning bullish
🔹 Support Zone: Lower grey area (demand)
🔹 Resistance Zones: Upper grey areas
🔹 Entry Idea: Buy on confirmation / sustained hold above support
🔹 Stop Loss: Below demand zone
🔹 Targets:
Target 1: First resistance
Target 2: Upper resistance / range high
📌 Why this setup is strong:
Price respecting demand zone multiple times
Higher lows show accumulation
Risk is limited, reward is larger
Clean structure with clear invalidation
📈 A breakout and hold above the immediate resistance can lead to strong upside expansion.
⚠️ If price breaks below the demand zone, this view becomes invalid.
💡 Patience is key. Best trades come after consolidation.
ETHUSD – Daily Timeframe AnalysisETH is currently trading in an upward trend, forming higher lows, which shows bullish strength in the market. Price is respecting the ascending trendline, indicating buyers are still in control.
🔹 Entry Zone:
Price is reacting near the trendline support, making this a buy-on-dip opportunity.
🔹 Stop Loss:
Placed below the recent support zone to protect against trend failure.
🔹 Targets:
Target 1: Previous resistance / minor supply zone
Target 2: Major resistance area above (strong selling zone)
🔹 Market Structure:
Higher Highs & Higher Lows ✅
Trendline support holding ✅
Bullish continuation setup 🚀
⚠️ Risk Management:
Always wait for confirmation and manage position size properly. This setup works best if the trendline continues to hold.
📌 Bias: Bullish
📌 Timeframe: 1D
📌 Asset: ETHUSD
Trend line Break + Retest Logic (Swing Trading)Trend line breakout followed by retest is a high-probability swing setup. Sustaining above broken resistance signals upside continuation, while rejection after breakdown confirms further downside. Patience for retest separates traders from gamblers.
🔵 Upside Scenario (Bullish)
Condition
Price breaks above the upper trendline (range / resistance)
Break should be on good volume
Price comes back to retest the same broken line
Retest holds (no strong rejection candle)
Confirmation
Higher low on retest
Bullish candle (hammer / bullish engulfing)
RSI holds above 45–50
Outcome
➡️ High probability move on the upside
➡️ This is what your blue arrows are showing
Rule
Old resistance becomes new support
🔴 Downside Scenario (Bearish)
Condition
Price breaks below the lower rising trendline
Breakdown with strong bearish candle
Price retests the broken trendline from below
Retest fails (rejection)
Confirmation
Lower high formation
Bearish candle near retest
RSI stays below 50
Outcome
➡️ High probability downside continuation
➡️ Your blue + red arrows reflect this correctly
Rule
Old support becomes new resistance
The Index nearing its supportNifty CMP 25230
Elliott- this is the bullish zig zag corrective pattern. The c wave is still not complete. Every c wave has its own 5 waves. Today's downfall is the iiird wave of c. So the Index may open in the green tom, only to close in the red.
Fibs- to me the fib zone at 25K is a high prob reversal zone. This is were the c wave should finish.
Conclusion - All in all we are nearing the end of the correction.
S&P 500: Late-Stage Structure Worth WatchingThe S&P 500’s recent advance is showing overlapping price action and narrowing ranges , raising the possibility of a developing Ending Diagonal near the highs.
Internally, the move lacks impulsive strength , with Wave (v) struggling for follow-through and RSI hovering around the mid-50s, suggesting momentum is not confirming price . This behavior is more typical of a terminal phase than a trend expansion.
That said, this is not a confirmed top . A break below the lower diagonal would support the bearish case, while strong acceptance above recent highs would invalidate the diagonal view.
For now, this remains a caution zone , not a conviction call.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
Elliott Wave Analysis XAUUSD – January 20, 2026
1. Momentum
D1 Timeframe
– The D1 momentum has started to show signs of a bullish reversal. However, we still need to wait for today’s D1 candle close to fully confirm this reversal signal.
– If confirmed, the bullish trend is likely to continue.
– That said, since the reversal point is forming relatively close to the oversold zone, the upside potential of this move may be limited and expectations should be managed carefully.
H4 Timeframe
– H4 momentum is approaching the oversold area.
– If the current price action holds and we get a bullish H4 candle close, momentum will officially enter the oversold zone and may reverse upward.
– In that case, the bullish trend on the H4 timeframe will be reinforced.
H1 Timeframe
– H1 momentum is currently rising, indicating that the short-term bullish bias remains intact.
– Alternatively, price may continue to move sideways before a clearer direction emerges.
2. Elliott Wave Structure
D1 Wave Structure
– There is no major change in the D1 wave count.
– Price remains within the blue Wave 5.
– Combined with the emerging bullish reversal signal on D1 momentum, this suggests that Wave 5 may continue to extend higher.
H4 Wave Structure
– Within the blue Wave 5, the H4 structure consists of five yellow sub-waves.
– Price is currently moving inside yellow Wave 5.
– With H4 momentum preparing to reverse upward, yellow Wave 5 may continue its advance.
– However, special attention should be paid to the price channel: if price rises and then returns back inside the channel, it may signal that yellow Wave 5 has already completed.
H1 Wave Structure
– Inside yellow Wave 5, we can identify five purple sub-waves.
– At the moment, price is in the final stage of purple Wave 4 and preparing to enter purple Wave 5.
3. Targets & Key Price Zones
– Purple Wave 5 target: 4737
– From the Volume Profile, the 4641 – 4661 zone is a liquidity void (FVG).
– Price is currently being rejected from this area, indicating that 4661 is acting as a strong support level.
– By combining strong support from the FVG zone with H4 momentum approaching oversold and preparing for a bullish reversal, this area becomes a high-quality zone to look for Buy opportunities targeting the completion of Wave 5.
4. Trading Plan
– Buy Setup: 4667 – 4665
– Stop Loss: 4647
– Take Profit 1: 4687
– Take Profit 2: 4737
Supreme Holdings Flashes a Hammer After the SelloffSupreme Holdings has formed a bullish hammer after a sharp downtrend , supported by bullish RSI divergence and a volume spike , indicating demand emerging at lower levels. This opens the door for a short-term bounce , while the broader trend remains weak.
Price action from here will decide whether this develops into something more or fades as a corrective move.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
Avenue Supermarts(1-H): Structure Over NoiseToday’s price action was rough across Nifty and the broader market. But beneath the volatility, some charts are quietly holding their structure — and that’s worth paying attention to.
In Avenue Supermarts Ltd , price has unfolded a clean 5-wave advance on the 1-hour timeframe from the 3605.10 low to 3918.60 , allowing the move to be labeled as Wave 1 / A .
The subsequent decline shows a corrective ABC structure , with overlapping price action and weakening momentum — characteristics typical of a correction. The drop into 3645.50 fits well as wave b
, potentially completing Wave 2 / B .
At this point, confirmation of Wave 2 / B completion is still awaited . The bullish structure remains valid only if price continues to hold above 3605.10 on a closing basis . As long as this level is respected, the setup keeps the door open for a potential Wave 3 / C advance , with scope for a retest and possible extension beyond 3918 , offering a favorable reward-to-risk profile .
A decisive close below 3605.10 would invalidate this count and warrant a reassessment.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
Weekly Long Setup | Jan 20th 2026 | Valid Until Weekly ClosePrice might retrace to a strong pivot zone (marked by the red box).
Structure remains bullish on HTF with potential for continuation after pullback.
The green box represents a high-probability long opportunity with tight risk control.
Watch for price reaction within the red zone. Entry only if confirmation (e.g., bullish engulfing, strong wick rejections) appears.
The setup expires at end of the weekly candle close.
Weekly Long Setup | Jan 20th 2026 | Valid Until Weekly ClosePrice has retraced to a strong pivot zone (marked by the red box).
Structure remains bearish however, with potential reversal for continuation after pullback.
The green box represents a high-probability long opportunity with tight risk control.
Watch for price reaction within the red zone. Entry only if confirmation (e.g., bullish engulfing, strong wick rejections) appears.
The setup expires at end of the weekly candle close.
USDCAD 4HR T/F ANALYSIS----
usdcad 4hr t/f analysis----- after parallel channel breakdown we can measure marked supply which are repeated here so after supply complete then we can see demand from reversal portion and wait for also bullish candle on reversal portion it`s a confirmation to get right trade ok let`s see---
Very Short Term View for NiftyWrap up:-
Currently, Nifty is in final wave 5 which was started from 24337 on 08.08.2025. In the pattern of wave 5, Nifty is forming a wxy pattern. After break of 25318 cordinates of wxy has been changed. Now, Wave w has been completed at 26104 and wave x is expected to be completed at 25171 once nifty breaks and sustains above 25630. Thereafter, wave y is expected to be completed in the range of 26938-27355.
What I’m Watching for 🔍
Buy Nifty when it breaks and sustains above 25630 sl 25171 for a target of 26938-27355.
Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
"Don't predict the market. Decode them."
PCR Trading Strategies How to Trade Options
Many brokers today allow access to options trading for qualified customers. If you want access to options trading, you will have to be approved for both margin and options with your broker.
Once approved, there are four basic things you can do with options:
Buy (long) calls
Sell (short) calls
Buy (long) puts
Sell (short) puts
Nifty Intraday Analysis for 20th January 2026NSE:NIFTY
Index has resistance near 25750 – 25800 range and if index crosses and sustains above this level then may reach near 25975 – 26625 range.
Nifty has immediate support near 25450 – 25400 range and if this support is broken then index may tank near 25225 – 25175 range.
Downside pressure expected near the resistance zone and short term uptrend will be confirmed if the index closes above 25900.
Banknifty Intraday Analysis for 20th January 2026NSE:BANKNIFTY
Index has resistance near 60300 – 60400 range and if index crosses and sustains above this level then may reach near 60800 – 60900 range.
Banknifty has immediate support near 59500 - 59400 range and if this support is broken then index may tank near 59000 - 58900 range.
Uptrend momentum to continue if the index crosses and sustains above 60300 - 60400 zone.
Finnifty Intraday Analysis for 20th January 2026NSE:CNXFINANCE
Index has resistance near 27775 - 27800 range and if index crosses and sustains above this level then may reach near 28050 - 28100 range.
Finnifty has immediate support near 27325 – 27275 range and if this support is broken then index may tank near 27050 – 27000 range.
Downside pressure expected near the resistance zone and short term uptrend will be confirmed if the index closes above 27750.
Midnifty Intraday Analysis for 20th January 2026NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13775 – 13800 range and if index crosses and sustains above this level then may reach 13925 – 13950 range.
Midnifty has immediate support near 13525 – 13500 range and if this support is broken then index may tank near 13375 – 13350 range.
Downside pressure expected near the resistance zone and short term uptrend will be confirmed if the index closes above 13850.
Very Short Term View for NiftyWrap up:-
Currently, Nifty is in final wave 5 which was started from 24337 on 08.08.2025. In the pattern of wave 5, Nifty is forming a wxy pattern. Wave w has been completed at 25448 and wave x at 25318 and wave y is expected to be completed in the range of 26630-26868.
In wave y, wave a is completed at 26325 and b is expected to be completed in the range of 25740- 25591; once Nifty breaks and sustains above 25909. Thereafter, Nifty will head towards wave c.
What I’m Watching for 🔍
Buy Nifty in the range of 25740-25591 or on safer side Buy Nifty when it breaks and sustains above 25909 sl 25508 (daily closing basis) for a target of 26630-26868.
Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
"Don't predict the market. Decode them."






















