SENSEX Price Structure Analysis [17/04/2026: Friday]SENSEX Price Structure Analysis for 17th of April 2026. The day is Friday.
Probable Scenario Analysis:
(1) BULLISH SCENARIO:
A weak bullish set-up would emerge if the price breaks out above 78750. First bullish target is 79000. In case the price breaks out above the level 79000, then the probable bullish levels would be - 79500 and 80000.
(2) BEARISH SCENARIO:
A weak bearish set-up would emerge if the price breaks down below 77750. First bearish target would be 77500. In case the price breaks down below the level 77500, then the probable bearish targets would be - 77000 and 76500. There is a huge unfilled gap below till 76750.
(3) No Trading Zone (NTZ): (78750 - 77750) . Wait for a breakout or breakdown.
(4) Range of Consolidation (ROC): (79000 - 77500).
(5) Establish intraday bias with respect to the opening price.
(6) Event: There is no high-impact event. There is no expiry. However, war uncertainty and speculation of US-Iran Peace talks are always there. Also, it is the last day of the week.
(7) All the analyses would fail in the case of a major gap up, gap down, or price structure anomaly. Therefore, practice PRAGMATISM during the live session.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always PROTECT your CAPITAL . Always PRACTICE RISK MANAGEMENT . Be RESPONSIBLE .
(ii) Mark your points. Trade your points. Price is GOD . Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Thus, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!
Sensexanalysis
SENSEX Expiry : Trading levels and Plan for 16-Apr-2026The SENSEX witnessed a massive bullish recovery on April 15, mirroring the broader market's optimism following renewed ceasefire hopes. The index reclaimed major psychological levels, setting the stage for a highly anticipated Expiry Day on April 16, 2026.
📊 Previous Day Outcome (15-Apr-2026)
⏺ Actual Market Move: Sensex delivered a stellar performance, opening with a gap-up of over 1,100 points. It closed at 78,111.24, up by 1.64% (1,263 points).
⏺ Movement: The index touched an intraday high of 78,270.42 and a low of 77,849.52, holding its gains firmly throughout the session.
⏺ Plan Validation: The explosive momentum turned previous resistance zones into strong demand floors. The close near the day's high suggests that bulls are in total control heading into the weekly expiry.
📈 SENSEX Expiry Special Trading Plan: April 16, 2026
Sensex is now consolidating in a "High-Value" zone. With the Expiry today, expect high-intensity volatility and significant premium swings (Gamma moves).
🟢 Scenario 1: Gap Up Opening (>300 Points)
A gap-up of 300+ points would place Sensex above 78,400, directly testing the Opening Resistance (78,513).
🔵 Plan of Action:
⏺ Wait for Supply: If the index opens near 78,513, do not chase. Large gaps often lead to initial profit booking. Look for a bearish reversal pattern at the open to play a dip back to 78,052.
⏺ The Blue Sky Breakout: If Sensex sustains above 78,513 for 30 minutes, the short-covering rally could extend toward the Last Intraday Resistance (79,150).
⏺ Educational Note: On expiry, a gap-up above a major resistance often triggers a "Short Squeeze" for Call writers. Check the Open Interest (OI) at the 78,500 and 79,000 strikes. If these sellers start exiting, the rally will be vertical.
🟡 Scenario 2: Flat Opening (Range +/- 100 Points)
A flat opening near 78,050 indicates a neutral start where the market is absorbing yesterday's massive gains.
🔵 Plan of Action:
⏺ The Pivot Zone: The market is sitting exactly on the 78,052 pivot. If it trades above 78,088, the first target is 78,350 followed by 78,513.
⏺ Support Defense: On the downside, 77,671 (Opening Support) is the critical floor. As long as Sensex holds this, every dip is a "Buy on Dip" opportunity.
⏺ Educational Note: Flat openings on expiry days are "Theta Decay" traps in the morning. Option buyers should stay away from the screen until the 12:30 PM – 1:30 PM window, which typically provides the directional move for the second half.
🔴 Scenario 3: Gap Down Opening (>300 Points)
A 300+ point gap down would place the index near 77,750, testing the Opening Support (77,671).
🔵 Plan of Action:
⏺ The Demand Floor: Watch the 77,671 level very closely. If Sensex finds support here and forms a "Double Bottom," it could lead to a sharp recovery back toward 78,000.
⏺ Deep Correction: If 77,671 fails, the next stop is 77,052 (Last Intraday Support). A breach of this level would turn the intraday sentiment from bullish to neutral-bearish.
⏺ Educational Note: A gap down after a 1,200-point rally is often seen as "Value Buying" by institutional players. However, if the index fails to reclaim 77,850 after the gap, it indicates the "Smart Money" is taking profits off the table.
🛡️ Risk Management Tips for Sensex Expiry
⏺ Gamma Alert: After 2:00 PM, Sensex option premiums can move from ₹10 to ₹100 or ₹100 to ₹1 in minutes. Never trade without a system-based Stop Loss.
⏺ Mind the Lot Size: Sensex has a different contract size compared to Nifty. Calculate your risk-per-trade accordingly to avoid blowing your account on a single spike.
⏺ Avoid "Hero-Zero" Addiction: Only allocate a tiny fraction (max 2-5%) of your capital for speculative expiry trades. Most OTM options expire worthless.
⏺ Liquidity Check: Always trade in the Weekly Expiry contracts with high volume. Avoid "Illiquid" strikes to prevent high slippage during entries and exits.
📝 Summary & Conclusion
Sensex is in a powerful uptrend with a clear base at 77,671. The immediate trigger for the next leg of the rally is 78,513. Expect a volatile expiry day where the "Wait and Watch" approach in the first half might yield the best results in the second half. Follow the levels and trade with discipline! 🚀
Disclaimer: I am not a SEBI registered analyst. This plan is for educational purposes only. Market trading involves significant risk to capital. Please consult your financial advisor before making any investment or trading decisions. 📊⚠️
SENSEX Price Structure Analysis [16/04/2026: Thursday]Probable Scenario Analysis:
(1) BULLISH SET-UP: If price stays above 78000, then two bullish targets would be 78500 and 79000. However, price would struggle in the bullish move till 79000 as there are multiple resistances. Next, if the price successfully breaks out above the level 79000, then the probable bullish levels would be 79500 and 80000.
(2) BEARISH SET-UP: Market is in a higher highs and lower lows structure. Thus, in the present market scenario, there is no bearish set-up. Doubt every down move. However, level 77000 is a crucial support level. In case the price decisively breaks down the level 77000, then the probable bearish levels would be 76500, 76000, 75500, and 75000.
(3) No Trading Zone (NTZ): (78000 - 77000) . Sustainability of price above the level 78000 would ensure bullish continuation, while a breakdown below the level 77000 would reverse the trend (at least bulls would be demotivated to carry their position).
(4) Range of Consolidation (ROC): (79000 - 77000) . It is expected that the price will remain in this range only. A breakout above 79000 would confirm a bullish breakout, while a breakdown below the level 77000 would cancel out bullishness.
(5) Establish intraday bias with respect to the opening price.
(6) Event: SENSEX weekly expiry. No high-impact event. However, war uncertainty is always there. We can expect a price anomaly due to the expiry.
(7) All the analyses would fail in the case of a major gap up, gap down, or price structure anomaly. Thus, practice PRAGMATISM during the live session.
NOTE:
(i) Trade only if there is a set-up. Remember, not trading is an extension of the trading activity. Always PROTECT your CAPITAL . Always PRACTICE RISK MANAGEMENT . Be RESPONSIBLE .
(ii) Mark your points. Trade your points. Price is GOD . Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Thus, do not carry the baggage of previous successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!
SENSEX Price Structure Analysis [15/04/2026: Wednesday]SENSEX Price Structure Analysis for 15th of April 2026. The day is Wednesday.
(1) BULLISH SET-UP: A weak bullish set-up will open above the level 77000. The target is 77500. It will fill the gap and again receive strong resistance (previously, the price got rejection from 77500 twice). In case the price sustains above the level 77500, then probable bullish targets are - 78000, 78500, and 79000.
(2) BEARISH SET-UP: A weak bearish set-up will open below the level 76500. The target is 76000. In case the price sustains below the level 76000, then probable bearish targets are - 75500, 75000, and 74500. The pending gap will fill at 74500.
(3) Establish intraday bias with respect to the opening price.
(4) No Trading Zone (NTZ): (77000 - 76500).
(5) Range of Consolidation (ROC): (77500 - 76000) . Trading within this range will be difficult. A breakout or breakdown from this zone would ensure a bullish or bearish trend.
(6) Event: No expiry. Tuesday's news will impact Wednesday's first half price action. War uncertainty is always there.
(7) All the analyses would fail in the case of a major gap up, gap down, or price structure anomaly. Therefore, practice PRAGMATISM during the live session.
Top-Down Analysis for Better Insight:
(i) Monthly TF: Candles look like a bullish harami pattern. Maybe there are signs of trend reversal. Level 77500 is a strong resistance. Level 76000 is a strong support. 20 EMA > Price > 50 EMA. The view is indecision.
(ii) Weekly TF: This week's candle is green, but it is inside the previous week. For a bullish trend, the price needs to break out above two levels - 77000 and 77500. For a bearish trend, the price needs to break down below two levels - 76500 and 76000. Considering three weeks candle, the price is in a higher highs and lower lows structure. There are signs of trend reversal (bearish to bullish). Price is trading exactly between two 100 EMA (flat) and 150 EMA (flat). We have to wait for either a breakout or a breakdown. The view is indecision to bullish.
(iii) Daily TF: Today's candle is below the last three days' tops. Presently, levels 77500 and 77000 are very strong resistances. On the contrary, levels 76500 and 76000 are very strong support levels. Price is trading above 20 EMA but below 50 EMA. Considering a 7-day price structure, the price is in a higher-highs and lower-lows structure. We have to wait for either a breakout or a breakdown. The view is indecision to bullish.
(iv) 30-minute TF: For the past four days, the price has been closing within the range of (76500 - 75500). It is a clear sign of sideways consolidation. For a bullish trend, the price needs to break out above two levels - 77000 and 77500. For a bearish trend, the price needs to break down below two levels - 76500 and 76000. Price got a strong rejection from the level 77500 twice. Also, there is an unfilled gap below. Considering a 7-day price structure, the price is in a higher-highs and lower-lows structure. We have to wait for either a breakout or a breakdown. The view is indecision to bullish.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always PROTECT your CAPITAL. Always PRACTICE RISK MANAGEMENT. Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!
TCS Q4 FY26 Preview: Can It Reignite Growth?
As the first major IT goliath NSE:TCS to report Q4 FY2026 earnings, TCS will once again set the tone for the entire sector. This quarter becomes even more critical as it comes right after the AI-led correction in IT stocks and ongoing global macro uncertainty.
The key question is simple:
Will TCS reassure the market—or confirm slowdown fears?
What Analysts from Street Are Expecting:
Revenue growth: ~0–1% QoQ (constant currency)
Profit (PAT): ~₹13,500–₹13,900 crore range
YoY growth: ~10–14% driven largely by base effect and currency tailwinds
Margins: Likely to improve slightly (~25% range) due to cost control and currency support
Key Things to Watch:
1. Demand Outlook (FY27 Guidance) : BFSI vs Retail vs Tech demand & Discretionary spending trends
2. Management Commentary on AI narrative : Monetization strategy, Impact on traditional IT services
3. Margins & Cost Control : Can it sustain ~25% EBIT margins? , Impact of wage hikes and subcontracting
4. Currency Tailwinds: Weak INR has supported earnings, Is growth real or FX-driven?
Techincal Aspects -
Below support line is a trendline that has defended the stock for 18 years through periods of slowdown and panic selling commands respect. Another confluence for support, from 2018 until mid-2020, the ₹2,267 to ₹2,357 zone acted as a massive resistance.
By the rule of polarity, former resistance becomes new support.
The recent panic selloff didn't just kisses the multi-decade trendline; it simultaneously hit this horizontal polarity zone. This creates a Point of Confluence—a high-probability area for institutional buying.
Before the current capitulation, TCS spent significant time finding support around the ₹2,870 level (marked by the orange circles). When a major support level is broken, it becomes resistance.
The Trade Setup: Bull vs. Bear Scenarios
The Bullish Thesis (The Mean Reversion Play) :
If the earnings data is reasonably stable and management guidance reassures the market, this confluence support (₹2,260 - ₹2,357) should hold. This means a move upward to the ₹2,870 price target is highly anticipated.
The Bearish Thesis (The Structural Breakdown) :
If earnings miss wildly or guidance is weak with price closing below ₹2,260 ( on weekly basis) , the thesis changes entirely. A breakdown below an 18-year trendline and horizontal support is a major bearish signal, opening the trapdoor for a much deeper, painful correction.
Let the earnings data print, watch how the institutional algorithms react to this and trade the outcome—not the prediction.
Thanks for reading. Please give it a boost if you find this valuable!
SENSEX Expiry Special Trading Plan: April 9, 2026The session on April 8, 2026, was a historic day for the Indian indices. Following the massive global sentiment shift and cooling energy prices, SENSEX mirrored the broader market’s exuberance, staging a vertical recovery that has completely shifted the technical landscape heading into the Thursday Expiry.
📊 Previous Day Outcome (8-Apr-2026)
Actual Market Move: Sensex witnessed a massive Gap Up of over 2,000 points, reclaiming the 77,000 mark with ease.
Movement: The index displayed "Trend Day" characteristics, where the opening low was never tested. It consolidated in the upper quadrant, closing strong at 77,600.43.
Plan Validation: The explosive momentum bypassed all minor resistance zones, turning previous "Supply" levels into "Demand" floors. The close near the day's high suggests that the bulls are carrying significant overnight momentum into the expiry.
📈 SENSEX Expiry Special Trading Plan: April 9, 2026
Sensex is currently hovering near a major psychological junction. With tomorrow being the Expiry Day, expect high volatility and potential "Gamma Moves."
🟢 Scenario 1: Gap Up Opening (>300 Points)
A significant gap up would place Sensex above 77,900, heading directly toward the Last Intraday Resistance at 78,467.
🔵 Plan of Action:
⏺ Wait for the Peak: If the index opens near 78,400–78,467, do not buy immediately. This is a profit-booking zone. Look for a "Reversal" pattern or wait for a dip to 77,671 to go long.
⏺ The Breakout Target: If 78,467 is crossed and sustained for 30 minutes, we could see a massive short-covering rally toward 78,800+.
⏺ Educational Note: On Expiry days, a "Gap Up" can lead to a "Short Squeeze." If Call writers at 78,000 and 78,500 get trapped, their exit will fuel the next leg of the rally. Always check the Option Chain (OI) to confirm if sellers are running for cover.
🟡 Scenario 2: Flat Opening (Range +/- 100 Points)
A flat opening near 77,600 indicates the market is absorbing the previous day’s massive gains.
🔵 Plan of Action:
⏺ Range Boundaries: The immediate battleground is between Opening Resistance (77,671) and the pivot at 77,400.
⏺ The Scalping Zone: A breakout above 77,671 targets 78,000. Conversely, if it slips below 77,400, it might drift to test the Opening Support at 77,011.
⏺ Educational Note: For Expiry, flat openings are "Option Sellers' Paradise" during the morning session. Premiums will decay rapidly (Theta). Option buyers should wait for the "Post-European Market Open" (12:30 PM – 1:30 PM) for a directional move.
🔴 Scenario 3: Gap Down Opening (>300 Points)
A gap down would place the index near 77,300 or lower, testing the strength of the recent breakout.
🔵 Plan of Action:
⏺ Support Hunt: The most critical level to watch is 77,011 (Opening Support). As long as Sensex stays above 77,000, the "Buy on Dip" sentiment remains intact.
⏺ The Bearish Trigger: If 76,820 (Immediate Support) fails, the index could slide toward 76,409 (Last Intraday Support) to fill the previous gap.
⏺ Educational Note: A gap down on an expiry day after a massive rally often leads to "Volatile Recovery." Bulls who missed the move today will look to enter near 77,000. Watch for a "W-Pattern" on a 5-minute chart for a long entry.
🛡️ Risk Management Tips for Sensex Expiry
⏺ Zero or Hero Caution: Sensex lot sizes and tick movements are large. Avoid putting more than 5% of your capital into "Zero or Hero" trades.
⏺ Gamma Risk: After 2:30 PM, premiums can move 500% in minutes. If you are a buyer, use strict system-based stop losses. If you are a seller, ensure you have deep OTM hedges.
⏺ Mind the Spread: On Sensex, the bid-ask spread can be wide. Always use Limit Orders instead of Market Orders to avoid "Slippage."
⏺ Profit Booking: On expiry, "Greed is the enemy." If you catch a 40-50 point move in an option, book partial profits and trail the rest.
📝 Summary & Conclusion
Sensex has transitioned from a bearish phase into a powerful bullish breakout. The level of 77,671 is the immediate gatekeeper for tomorrow’s expiry. Above this, the target is 78,467. On the downside, 77,000 must be defended by the bulls to maintain the upward trajectory. Expect a volatile day with plenty of opportunities for both sides! 🚀
Disclaimer: I am not a SEBI registered analyst. This trading plan is for educational purposes only. Market investments are subject to high risk. Please consult your financial advisor before taking any trade based on these levels. 📊⚠️
SENSEX Price Structure Analysis [06/04/2026: Monday]Top-Down SENSEX Price Structure Analysis for 06th of April 2026. The day is Monday.
(1) Monthly TF: The candle is inside the previous month. The structure is red hammer. Maybe it is a sign of trend reversal. However, there is no such evidence yet. Major support is 72000. Major resistance is 74000. Price did not touch the 50 EMA. Price is still trading below 9 EMA (downward sloping) and 20 EMA (flat). The view is indecision to bearish.
(2) Weekly TF: Lower lows and lower highs structure is intact. The candle is a bullish spinning top. For consecutive 3 weeks, candles are forming a doji. It means that directional trading has been very difficult as both bulls and bears are strategically trapped. However, bears have still been the winners. Also, in the past 4 weeks, the price has shown 3000 points fall. Price-wise correction in this time frame is done, as the price did touch the 200 EMA (equivalent to level 72500). However, price is still below 150 EMA (equivalent to level 75500). Sustainability of price above the level 74000 for at least one week might offer hope for trend reversal. Presently, there is no sign of such. Level 74000 would act as a major resistance. Level 72000 would act as a major support. We still have to doubt every up move. The view is indecision to bearish.
(3) Daily TF: Lower lows and lower highs structure is intact. Price is below the downward sloping 9, 20, and 50 EMA. Level 74000 will be a major resistance. Levels 72000 and 71500 would offer good support. The view is indecision to bearish.
(4) 30-minute TF: Lower lows and lower highs structure is intact. Price is trading above the level 73000. It is trading above the upward-sloping 9 and 20 EMA. Additionally, price is trading above the 50 EMA (flat). Level 73000 would offer good support. Level 74000 would be a major resistance. However, the price is in a running correction. It has not touched the 200 EMA (downward sloping) for a long time. There is a high probability that the price will start to trade above the level 74000 and touch the 200 EMA. For now, every up move should be doubted unless the price gives a breakout above the level 74000. The view is indecision to bearish.
(5) No Trading Zone (NTZ): (73500 - 72500).
(6) Range of Consolidation (ROC): (74000 - 72000) . Trading will be very difficult in this zone. A breakout above 74000 would confirm bullish sentiments. A breakdown below 72000 would confirm bearish sentiments.
(7) Establish intraday bias with respect to the opening price.
(8) Events: No high-impact event. No expiry.
(9) BULLISH SET-UP: Presently, all the bullish trades will be led by the underconfident bulls. If the price breaks out at level 73500, then the corresponding achievable levels are - 74000 and 74500. Price will receive good resistance at the level 74500. Confident bulls would emerge when the price gives a breakout above the level 74500. Then the corresponding bullish levels would be - 75000 and 75500. An unfilled gap is there at 75500.
(10) BEARISH SET-UP: Level 72500 is a major support level. No shorting until price breaks down level 72500. If level 72500 is broken, then the corresponding bearish levels would be - 72000 and 71500. Price would receive good support at level 71500. In case the price further breaks down to level 71500, then the next bearish levels would be 71000 and 70500.
(11) All the analysis would fail in the case of a major gap up, gap down, or price structure anomaly. Therefore, practice PRAGMATISM in the live market.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL. Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!
SENSEX - Expiry Day Plan - 02-Apr-2026Based on the current chart structure, the SENSEX (15-minute timeframe) shows a recovery attempt after a sharp decline. We are currently hovering near the 73,245 level, positioned between a well-defined support zone and a clear overhead resistance.
Here is the detailed roadmap for tomorrow's session.
🟢 Scenario 1: Gap Up Opening (Above 73,600)
If the market opens with a gap up of 300+ points, it will likely place the index near the 73,970 (Last Opening Resistance) mark.
Plan of Action: Do not chase the momentum immediately. If the index sustains above 73,970 for the first 15 minutes, we look for a bullish continuation towards the Profit Booking Zone (74,922 - 75,336).
Educational Insight: A gap up signifies strong overnight buying sentiment. However, if it opens directly at a resistance level like 73,970, "mean reversion" often occurs where early buyers book profits, causing a temporary dip before the next leg up.
Key Level: Watch 73,970. Sustain = Bullish; Rejection = Consolidation.
⚪ Scenario 2: Flat Opening (Range 73,150 - 73,350)
A flat opening suggests that the market is indecisive and waiting for a trigger. The index is currently sitting right on the EMA line.
Plan of Action: We wait for the market to move towards either the Opening Support Zone (72,865 - 73,170) or the resistance at 73,970. The best trade setup here is a "buy on dip" near the support zone if a bullish reversal candle (like a Hammer or Bullish Engulfing) forms.
Educational Insight: In a flat market, the "Value Area" is where the price currently sits. Trading here has a lower Risk-to-Reward ratio. It is always wiser to wait for the price to test the extremes (Support or Resistance) to ensure a tighter Stop Loss.
Key Level: 73,170 (Immediate Support).
🔴 Scenario 3: Gap Down Opening (Below 72,900)
A significant gap down of 300+ points would push the index deep into or below the Opening Support Zone (72,865 - 73,170).
Plan of Action: If the market opens below 72,865 and fails to reclaim it quickly, the next major target is the Last Intraday Support at 72,235. However, if the support zone holds and price action shows higher lows, we can play for a "Gap Fill" trade back towards 73,245.
Educational Insight: A gap down into a known support zone often traps "late sellers." If the price doesn't break the support within the first 30 minutes, a short-covering rally is highly probable as sellers rush to exit their positions.
Key Level: 72,865 (Make or Break level).
🛡️ Risk Management Tips for Option Traders
🔹 The 2% Rule: Never risk more than 2% of your total trading capital on a single trade.
🔹 Time Decay Awareness: If you are an Option Buyer, avoid "Hero or Zero" trades on expiry days. Theta (time decay) is your biggest enemy in sideways markets.
🔹 Stop Loss is Non-Negotiable: Always place a system-based Stop Loss rather than a mental one. In highly volatile indices like SENSEX, slippage can be brutal.
🔹 Position Sizing: Reduce your lot size when the market is at "All-Time Highs" or in a highly volatile "No-Man's Land."
📝 Summary & Conclusion
The chart displays a clear recovery path indicated by the green dashed lines, but the 73,970 resistance remains a major hurdle. The 72,865 - 73,170 zone is our "Demand Zone" where buyers are expected to emerge. Trade with the trend once these levels are breached or defended. Patience is the key—let the market come to your levels! 🎯
⚠️ Disclaimer: I am not a SEBI registered analyst. This trading plan is for educational purposes only. Trading in stocks and options involves significant risk. Please consult your financial advisor before making any investment decisions. ⚖️
SENSEX Price Structure Analysis [02/04/2026: Thursday]Top-Down SENSEX Price Structure Analysis for 02nd of April 2026. The day is Thursday.
(1) Monthly TF: An inside red bar. Major resistance is 74000. Major support is 72000. The view is indecision to bearish.
(2) Weekly TF: Lower lows and lower highs structure is intact. This week's candle is a green spinning top. Major resistance is 74000. Major support is 72000. Pricewise correction in SENSEX is done as the price has touched the 200 EMA. Now, a breakout above 74000, as well as sustainability, would give hope for trend reversal. On the other hand, if the price decisively breaks down the level 72000, then the level 71000 is reachable. The view is indecision to bearish.
(3) Daily TF: Lower lows and lower highs structure is intact. Price is below 9 EMA (downward sloping). Major resistance is 74000. Major support is 72500. Only a breakout, and sustainability of price above the level 74000 would ensure trend reversal (bearish to bullish). On the other hand, if the price decisively breaks down the level 72000, then the level 71000 is reachable. The view is indecision to bearish.
(4) 30-minute TF: Lower lows and lower highs structure is intact. Bulls are trapped just below 74000. And bears are trapped at level 72000. Thus, the price is again in the range of consolidation. A breakout or breakdown would confirm future sentiment of the markets. The view is indecision to bearish.
(5) No Trading Zone (NTZ): (74000 - 73000).
(6) Range of Consolidation (ROC): (74000 - 72500) . Trading will be very difficult in this range. It is preferable to wait for either a breakout or a breakdown.
(7) Event: SENSEX weekly expiry is on Thursday. The day after (Friday) is a holiday (Good Friday). Then there will be a long weekend. Even the U.S. market will be closed. We can expect a price anomaly considering the impact of expiry and the long weekend.
(8) Establish intraday bias with respect to the opening price.
(9) BULLISH SET-UP: Presently, there is no bullish set-up visible in the charts. Every up move should be doubted. If the price breaks out above the level 74000, then the first target would be 74500. However, price would face a major hurdle at 74500. Next, if the price starts to trade above the level 74500, then the corresponding levels are - 75000, 75500, and beyond. Be cautious with bullish trades as the market sentiment is not bullish.
(10) BEARISH SET-UP: If level 73000 is broken, then the first bearish target would be 72500. However, price would receive good support at this level. Next, if the price decisively breaks down the level 72500, then the corresponding levels are - 72000, 71500, and 71000. A confident bearish set-up would activate below the level 72500.
(11) All the analysis would fail in the case of a major gap up, gap down, or price structure anomaly. Thus, practice PRAGMATISM in the live market session.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always PROTECT your CAPITAL. Always practice RISK MANAGEMENT. Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade with a new perspective. Believe in Possibilities.
Happy Trading!
Happy Hanuman Jayanti _/\_
SENSEX Price Structure Analysis [01/04/2026: Wednesday]Top-Down SENSEX Price Structure Analysis for 01st of April 2026. The day is Wednesday.
(1) Monthly TF: The candle is a legendary red morubozu, which rarely forms in the monthly time frame. There is a high probability that the price will break down to the 71000 level. The view is bearish.
(2) Weekly TF: Lower lows and lower highs structure is intact. We cannot think of bullish trades unless the price starts to trade above the level of 74000. There is a high probability that the price would get support in the zone (71500 - 71000). Price is trading below the 200 EMA. Technically, price-wise correction is completed for SENSEX in the weekly time frame. The view is bearish.
(3) Daily TF: Lower lows and lower highs structure is intact. We cannot think of bullish trades unless the price starts to trade above the level of 74000. Every up move should be doubted. The view is bearish.
(4) 30-minute TF: Lower lows and lower highs structure is intact. Every up move should be doubted. Minor support is level 72000. Major support 71000. The view is bearish.
(5) No Trading Zone (NTZ): (73000 - 72000) .
(6) Major Zone of Resistance (or Supply): (75000 - 74000).
(7) Major Zone of Support (or Demand): (71500 - 71000).
(8) Events: No high-impact event. No expiry. However, war uncertainty is always there.
(9) Bullish Set-Up: There is no visible possibility of bullish trades. All the up moves should be doubted. Price structure needs to form a higher highs and lower lows structure first. However, 'risky bullish' trades can be executed at a level above 73000. The bullish trades would be short-lived. Bullish targets (if price breaks out above 73000) are - 73500 and 74000.
(10) Bearish Set-Up: If price sustains below the 72000 level, then bearish targets would be - 71500 and 71000. Level 71000 would be a major support. However, if the price again sustains below 71000, then the immediate targets would be - 70500 and 70000.
(11) All the analysis would fail in the case of a major gap up, gap down, or price structure anomaly. Therefore, practice PRAGMATISM during the live market.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always PROTECT your CAPITAL. Always practice RISK MANAGEMENT. Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective.
Happy Trading!
SENSEX Price Structure Analysis [30/03/2026: Monday]Top-Down SENSEX Price Structure Analysis for 30th of March 2026. The day is Monday.
(1) Monthly TF: A big bearish candle. Lower lows and lower highs structure is intact. The view is bearish.
(2) Weekly TF: Lower lows and lower highs structure is intact. 2 weeks' candles are long-legged doji. For the past two weeks, the market has shown a variation of approximately 1500 points. Thus, the market is highly volatile. Both bulls and bears have been confused in establishing a clear trend. Price is yet to touch 200 EMA (equivalent to level 72000). Price got rejected from 150 EMA twice (equivalent to level 75500). Thus, any upward move should be doubted. The view is indecision to bearish.
(3) Daily TF: Lower lows and lower highs structure is intact. Any upward move should be doubted. The view is bearish.
(4) 30-minute TF: Lower lows and lower highs structure is intact. An unfilled gap below till level 72500 is pending. Any upward move should be doubted. The view is bearish.
(5) No Trading Zone (NTZ): ( 76000 - 73500 ).
(6) Event: Nifty 50 Monthly expiry. Tuesday (the next day) is a market holiday. Expect a price structure anomaly. War uncertainty continues. Also, it is the last day of the Financial year. No other high-impact event.
(7) Bullish Set-Up: Presently, no bullish set-up is visible. Instead, any upward move should be doubted. A confident bullish scenario would emerge only when the price starts to trade above the level of 76000.
(8) Bearish Set-up: Every upward move should be considered as an opportunity to short. If the price breaks down level 73500, the next achievable levels would be 73000, 72500, and 72000. There is a high probability of touching 72500 as there is a pending gap. Level 72000 is also achievable as the price touching 200 EMA (in weekly TF) is pending.
(9) All the analyses would fail in the case of a major gap up, gap down, or price structure anomaly. Therefore, practice PRAGMATISM in the live market.
NOTE:
(i) Trade only if there is any setup. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL. Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!
SENSEX Price Structure Analysis [27/03/2026: Friday]Top-Down SENSEX Price Structure Analysis for 27th of March 2026. The day is Friday.
(1) Monthly TF: Lower lows and lower highs structure is intact. The present month's candle is a bearish spinning top. The view is indecision to bearish.
(2) Weekly TF: Lower lows and lower highs structure is intact. Last week's candle is a bullish spinning top. The previous week was a bullish gravestone doji. There are signs of trend reversal (bearish to bullish), but they are not confirmed. Price is below 150 EMA (also equivalent to level 75500). SENSEX has unfinished business to touch 200 EMA. The view is indecision to bearish.
(3) Daily TF: Lower lows and lower highs structure is intact. Major resistance is at level 76000. Major support is at 74000. A breakout above 76000 would confirm a probable trend reversal (towards bullishness). A breakdown below 74000 would confirm trend continuation (that is, bearishness). The view is indecision to bearish.
(4) 30-minute TF: Lower lows and lower highs structure is intact. Price got resistance at 150 EMA (downward sloping). However, price is above 20 EMA and 50 EMA (upward rising). Thus, the main trend is down, but institutional bias is bullish. It makes the price structure indecisive. Maybe price would touch 200 EMA (downward sloping). Also, there is an unfilled gap till 76500. There are signs of trend reversal (bearish to bullish), but they are not confirmed. The view is indecision.
(5) No Trading Zone (NTZ): (75500 - 74500).
(6) Range of Consolidation (ROC): (76000 - 74000) . A breakout above 76000 would confirm trend reversal and a bullish move. A breakdown below 74000 would confirm bearish trend continuation. Trading in this range will be difficult. Presently, the price is in an indecisive zone.
(7) Event: No expiry. No high-impact event. It is the last day of the week. The next trade session (Monday) will be a monthly expiry day. Lastly, war uncertainty continues.
(8) Establish intraday bias with respect to the opening price.
(9) Bullish Set-Up (15-minute TF): If price sustains above 75500, then the first target would be 76000. Next, if the price sustains above 76000, then 76500 would be the next target. Lastly, the price might go up to 77000 to fill the gap.
(10) Bearish Set-Up (15-minute TF): If price sustains below 74500, then the gap will be filled till 74000. Next, if the price breaks 74000, then bearish continuation would confirm. Then, the next targets would be 73500 and 73000, respectively.
(11) All the analysis would fail in the case of a major gap up, gap down, or price structure anomaly. Therefore, practice PRAGMATISM in the live market.
NOTE:
(i) Trade only if there is a set-up. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL. Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!
SENSEX Price Structure Analysis [25/03/2026: Wednesday]Top-Down SENSEX Price Structure Analysis for 25th of March 2026. The day is Wednesday.
(1) Monthly TF: A big red candle. The view is bearish.
(2) Weekly TF: Weekly candle looks like a bullish hammer. However, the downward trend is still intact. The view is indecision to bearish.
(3) Daily TF: Candle looks like a dragonfly doji formed above the previous day's candle. There are signs of trend reversal (not confirmed till price gives a breakout above level 75000). However, the downward trend is still intact. The view is indecision to bearish.
(4) 30-minute TF: Price is forming a higher highs and lower lows structure. Price is above the upward-sloping 9 EMA and 20 EMA. Price is also above a flatish 50 EMA. However, the price is below the 200 EMA. The view is indecision.
(5) No Trading Zone (NTZ): (74500 - 73500).
(6) Event: SENSEX monthly expiry. Expect a price structure anomaly. The day after is a holiday. War uncertainty is on.
(7) Establish intraday bias with respect to the opening price.
(8) Bullish Set-Up: Price breaks out above level 74500 and sustains. Then the first bullish target is 75000. Next, if the price gives a breakout above the level 75000, then levels 75300 and 75500 are the next bullish targets. It is expected that the price would receive major resistance at 75300. Lastly, if the price decisively breaks above 75500, then 76000 would be the next bullish target.
(9) Bearish Set-Up: Price decisively trades below 73500 and sustains. Then the first bearish target is 73000. If level 73000 is broken, then level 72500 will be the next target. Next, if 72500 is broken, then 72000 would be the next target.
(10) All the analysis would fail in case of a major gap up or gap down or price structure anomaly. Thus, always practice PRAGMATISM.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always PROTECT your CAPITAL. Always practice RISK MANAGEMENT. Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe is Possibilities.
Happy Trading!
SENSEX Price Structure Analysis [23/03/2026: Monday]Top-Down SENSEX Price Structure Analysis for 23rd of March 2026. The day is Monday.
(i) Monthly TF: The candle is a red marubozu. The view is bearish.
(ii) Weekly TF: The candle is a gravestone doji after a red marubozu candle. Price is below 150 EMA. Level 74000 is the only support. The view is bearish.
(iii) Daily TF: Lower lows and lower highs structure is intact. Price is below the falling 9 EMA and 20 EMA. Major resistance 75500. Major support 74000. The view is bearish.
(iv) 30-minute TF: Price is in a sideways range (75300 - 74000). The main trend of bearishness is intact. The view is bearish to indecision.
(v) No Trading Zone (NTZ): (75500 - 74000)
(vi) Event: No high-impact event. No expiry on Monday. However, war uncertainty is always there.
(vii) Establish intraday bias with respect to the opening price.
(v) Bullish Scenario Set-Up: Price gives a breakout above level 75500 along with forming a higher highs and lower lows structure. The bullish targets would be 76000 and 76500.
(vi) Bearish Scenario Set-Up: Price gives a breakdown below the level 74000. First minor bearish target is 73750. Next bearish targets are 73500 and 73000.
(vii) All the analyses would fail in the case of a major gap up or gap down or price structure anomaly. Thus, always practice PRAGMATISM in the live market.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL. Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in possibilities.
Happy Trading!
SENSEX : Expiry Day Trading Plan for 19-Mar-2026
SENSEX enters the Thursday session at 76,678.30, currently navigating a high-voltage global environment. The market is under the shadow of persistent geopolitical friction and shifting global bond yields, leading to a cautious "risk-off" sentiment across international desks.
Technically, the index is attempting to find a floor, but short-term momentum remains fragile with a significant Opening Support zone established between 76,490 and 76,683. Below is the strategic roadmap for all potential opening scenarios.
🟢 Scenario 1: Gap Up Opening (300+ Points) 🚀
Expected Opening Range: 76,980 – 77,100+
A 300+ point gap up would launch the index toward the heavy supply zone near the 77,223 – 77,444 resistance cluster.
• Educational Context: In a volatile market characterized by bearish undertones, a massive gap up is often viewed as a "Liquidity Grab." 🏦 Institutional sellers frequently use these higher prices to offload long positions or initiate fresh shorts, creating a potential "Bull Trap" if the level is not cleared with heavy volume.
• Plan of Action: Do not chase the initial rally. 🛑 Observe the Last Intraday Resistance (77,223 – 77,444) very closely for the first 30 minutes.
• Execution: If SENSEX hits this red resistance box and shows a bearish reversal pattern (like a Shooting Star), look for a short trade targeting the gap-fill toward 76,683. A decisive 15-minute close above 77,444 is required to trigger a short-covering rally toward 78,887.
⚪ Scenario 2: Flat Opening ⚖️
Expected Opening Range: 76,630 – 76,720
A flat start keeps the index directly inside the Opening Support zone (76,490 – 76,683). 🥪
• Educational Context: Flat openings suggest "Market Indecision." ⏳ The index is likely waiting for fresh global triggers or the European market opening to determine a directional trend. Trading inside this orange range often leads to heavy Theta Decay (time decay) in options.
• Plan of Action: Strictly avoid aggressive trades within the 76,490 – 76,683 range to avoid getting "chopped" by sideways volatility. 🪓🚫
• Execution: A breakout above 76,683 targets the 77,223 hurdle. Conversely, a breakdown below the 76,490 level confirms that bears are resuming control, targeting the Opening Support (Gap Down opening case) at 76,089.
🔴 Scenario 3: Gap Down Opening (300+ Points) 📉
Expected Opening Range: 76,300 – 76,370
A 300+ point gap down would bypass the immediate pivot and test the strength of the previous recovery attempts near 76,089. 💣
• Educational Context: Large gap downs near structural supports often act as an "Exhaustion Gap." 💨 Bears who have been in profit may book gains here, potentially leading to a sharp V-shaped recovery bounce if the geopolitical fundamental triggers do not worsen. 🛡️🤝
• Plan of Action: Monitor the 76,089 level and the deeper 75,474 zone very closely. 👀 These are the "Safety Zones" where buyers might attempt to defend the fort. 🏰🐂
• Execution: If SENSEX hits 76,089 and shows a bullish reversal pattern (like a Hammer), it offers a high-probability "Value Buy" setup for a recovery back toward 76,490. However, a sustained move below 75,474 signals a structural breakdown toward the deep support at 74,604. 🔨🚀
🛡️ Risk Management Tips for Options Trading 💰🛑
• Mind the IV: Given geopolitical news flows, India VIX (or overall market volatility) is likely to be elevated. 🎢 High IV makes premiums expensive; be careful of an "IV Crush" if the market stabilizes suddenly, which can kill your option value even if you get the direction right.
• Avoid Overnight Exposure: Geopolitical news flow is 24/7. 🌍🗞️ Avoid carrying naked long or short positions overnight to protect against massive "Gap Risk" that can wipe out your capital before you can react.
• Position Sizing: Reduce your normal lot size by 50%. Preservation of "firepower" is more important than profit when the market is making wide, vertical moves. 📉💎
• System-Based SL: In this high-voltage environment, "mental" stop losses are dangerous. 🧠 Always have a hard SL triggered in your trading system to guard against sudden global "shocks". 🛡️🚨
📝 Summary & Conclusion 🎯✅
SENSEX is currently at a technical crossroads. The 77,223 – 77,444 zone is the immediate gatekeeper for bulls, while the 76,490 – 76,683 range acts as the crucial immediate "Do or Die" support. 🛡️🚪
• Bullish Bias: Only above 76,683. 🐂✨
• Bearish Bias: Below 76,490. 🐻📉
Strategy: Sell on Rejection near resistance and look for Value Buying near structural support. Let the market prove its strength in the first hour before committing significant capital. 💰💪
Disclaimer: I am not a SEBI registered analyst. This trading plan is strictly for educational purposes and does not constitute financial advice. Trading involves high risk of capital loss. Please consult a certified professional before taking any positions. 🛡️📜
SENSEX Price Structure Analysis [19/03/2026: Thursday]SENSEX Price Structure Analysis for 19th of March 2026. The day is Thursday.
Summary of the Trading Plan (Hypothesis and Insights):
(i) Monthly TF: The candle is a bearish spinning top. The view is indecision to bearish.
(ii) Weekly TF: The candle seems a bullish piercing. It is not yet bullish engulfing. The view is indecision.
(iii) Daily TF: Back-to-back two-day bullish spinning tops. Bulls are not very confident. The view is indecision.
(iv) 30-minute TF: Price structure is in a higher highs and higher lows structure. The view is indecision to bullish.
(v) No Trading Zone (NTZ): (77000 - 76000).
(vi) Event: Nifty 50 weekly expiry. No other high-impact event. Expect a price anomaly.
(vii) Establish intraday bias with respect to the opening price . Sustainability of price above or below the opening price would dictate session bullish or bearish sentiment, respectively.
(viii) Bullish Scenario Set-Up: Price breaks out level 77000 and sustains. Then the first bullish target is 77500. Next, if the price trades above 77500, then the next bullish target is 78000.
(ix) Bearish Scenario Set-Up: Price breaks down and sustains below level 76000. Then, the first bearish target would be 75500. Don't get lured to short, if the price keeps falling in the first half of the session, as there is an unfilled gap at 76000. In the present price structure, doubt every down move. Wait to short till, price decisively trades below 76000 and shows a sign of reaching 75500.
(x) All the analysis would fail in case there is a major gap up or gap down or a price structure anomaly. Thus, practice PRAGMATISM in the live session.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL. Be RESPONSIBLE.
(ii) Mark your point. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade with a new perspective. Believe in possibilities.
Happy Trading!
SENSEX Price Structure Analysis [17/03/2026: Tuesday]Top-Down Sensex Price Structure Analysis for 17th of March 2026. The day is Tuesday.
(1) Monthly Time Frame:
The monthly candle is bearish. The view is bearish.
(2) Weekly Time Frame:
It is the first day of the week. Looks like a bullish piercing. Major resistance is 76000. Two support levels have emerged - 74500 and 74000. The lower lows and lower highs structure is still intact. The view is indecision to bearish.
(3) Daily Time Frame:
Today's candle has engulfed the red candle of the previous day. However, the lower lows and lower highs structure is still intact. Two major support levels are - 74500 and 74000. Major resistance is 76000. A higher highs and higher lows structure above level 76000 can confirm a strong pullback. The view is indecision to bearish.
(4) 30-minute Time Frame:
The lower lows and lower highs structure is still intact. Major resistance levels are - 76000 and 75500. Major support levels are - 74500 and 74000. A breakout above the level 76000 will offer motivation to the bulls to go long. A breakdown below the level 74000 will offer motivation to the bears to go short. The view is indecision to bearish.
No Trading Zone (NTZ): (75500 - 74500).
Events: Nifty 50 weekly expiry. No other high-impact event.
Summary of the Trading Plan (Hypothesis and Insights):
(i) Monthly TF: The view is bearish.
(ii) Weekly TF: The view is indecision to bearish.
(iii) Daily TF: The view is indecision to bearish.
(iv) 30-minute TF: The view is indecision to bearish.
(v) No Trading Zone (NTZ): (75500 - 74500) .
(vi) Nifty 50 Weekly expiry. Expect a price anomaly.
(vii) Establish intraday bias with respect to the opening price. Price sustaining above or below the opening price would dictate session bullishness or bearishness, respectively.
(viii) Bullish Scenario Set-Up: If price forms a higher highs and lower lows structure above level 75500, then the first bullish target would be 76000. Level 76000 will act as a strong resistance. Next, if the price gives a breakout above the level 76000, then the corresponding bullish targets would be levels - 76500 and 77000.
(ix) Bearish Scenario Set-Up: If price forms a lower lows and lower highs structure below level 74500, then the first bearish target would be 74000. Level 74000 would act as a major support. Next, if the price gives a breakdown below the level 74000, then the corresponding bearish targets would be levels - 73500 and 73000.
(x) All the analysis would fail in case of a major gap up or gap down or price anomaly. Thus, practice PRAGMATISM in the live market.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL. Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the burden of past successes or failures. Always trade with a new perspective.
Happy Trading!
SENSEX Price Structure Analysis [16/03/2026: Monday]Top-Down SENSEX Price Structure Analysis for 16th of March 2026. The day is Monday.
(1) Monthly Time Frame:
A big bearish marubozu with additional selling wick. The view is bearish.
(2) Weekly Time Frame:
A big bearish marubozu with additional selling wick. Major resistance 76000. Don't think of taking bullish trades till the price starts to trade above the level 76000. Minor supports - 74500 and 74000. Price broke the 150 EMA. There is a higher probability of the price reaching 200 EMA (level 72000). The view is bearish.
(3) Daily Time Frame:
Lower lows and lower highs structure is intact. Major resistance is 76000. The view is bearish.
(4) 30-minute Time Frame:
Lower lows and lower highs structure is intact. Major resistances are - 75500 and 76000. Minor supports are - 74500 and 74000. All the up moves should be doubted. The view is bearish.
No Trading Zone (NTZ): (75500 - 74500).
Events: No high-impact event. No expiries on Monday. However, war uncertainty is on.
Summary of the Trading Plan (Hypothesis and Insights):
(i) Monthly TF: The view is bearish.
(ii) Weekly TF: The view is bearish.
(iii) Daily TF: The view is bearish.
(iv) 30-minute TF: The view is bearish.
(v) No Trading Zone (NTZ): (75500 - 74500).
(vi) Establish intraday bias with respect to the opening price.
(vii) Bullish Scenario Set-Up: Price forms a higher highs and lower lows structure above the level 75500. A short bullish trade is possible in this case, with the first target at 76000. If the price sustains above the level 76000, then further bullish targets will be 76500 and 77000.
(viii) Bearish Scenario Set-Up: Price breaks down level 74500, then the first bearish target would be 74000. If the price further breaks down to level 74000, then further bearish targets would be 73500 and 73000.
(ix) All the analysis would fail in case of a major gap up or gap down.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade with a new perspective.
Happy Trading!
SENSEX Price Structure Analysis [11/03/2026: Wednesday]Top-Down SENSEX Price Structure Analysis for 11th of March 2026. The day is Wednesday.
(1) Monthly Time Frame:
The candle so far is a bearish long-legged doji. Level 80000 is a major resistance. Level 77000 is a major support. The view is indecision to bearish.
(2) Weekly Time Frame:
The candle looks like a bullish spinning top at the bottom of a trend. However, the candle cannot be stated as a bullish piercing candle. For a strong bullish reversal, the price needs to trade above 79000. For strong bearish continuation, the price needs to trade below 77000. The view is indecision.
(3) Daily Time Frame:
Today's candle looks like a bearish hanging man. The session is the session of indecision. Resistances - 78500 and 79000. Supports - 77500 and 77000. The view is indecision.
(4) 30-minute Time Frame:
The structure of lower lows and lower highs is still intact. Seems like a bounce is in the way. It is difficult to trade as a bull. But it is also unrealistic to short the market. The first bullish trade can be taken when the price starts to trade above 78500. A short bullish target would be 79000. However, 79000 will be a very strong resistance. The first bearish trade can be taken when the price starts to trade below 77500. A short bearish target would be 77000. However, 77000 will be a very strong support. The view is indecision.
No Trading Zone (NTZ): (78500 - 77500)
Event: No expiry on Wednesday. No high-impact event. However, War uncertainty is on.
Summary of the Trading Plan (Hypothesis and insights):
(i) Monthly TF: The view is indecision to bearish.
(ii) Weekly TF: The view is indecision.
(iii) Daily TF: The view is indecision.
(iv) 30-minute TF: The view is indecision.
(v) No Trading Zone (NTZ): (78500 - 77500).
(vi) Establish intraday bias with respect to the opening price. Sustainability of price above or below the opening price would decide bullish or bearish sentiment, respectively.
(vii) For Bullish Set-up: Price must sustain above level 78500. The first bullish target would be 79000. If the price breaks out of the level 79000, then the second bullish target would be 79500. For now, we cannot think beyond that.
(viii) For Bearish Set-Up: Price must sustain below the level 77500. The first bearish target would be 77000. If the price further breaks down to level 77000, then level 76500 might be seen. For now, we cannot think beyond that.
(ix) All the analysis might fail in the case of a major gap up or gap down.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL.
(ii) Mark your point. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective.
Happy Trading!
SENSEX Price Structure Analysis [10/03/2026: Tuesday]Top-Down SENSEX Price Structure Analysis for 10th of March 2026. The day is Tuesday.
(1) Monthly Time Frame:
The candle is a bearish spinning top. Level 76500 is a major support. Level 80000 is a major resistance level. The view is bearish.
(2) Weekly Time Frame:
It is the first day of the week. The candle formed is a bullish hammer. However, it cannot be considered a reversal as there is no evidence of such. The major support level is 76500. Immediate resistance is at 78500. There is also an unfilled gap. Price is below 100 EMA (flat sloping). The view is bearish.
(3) Daily Time Frame:
The candle looks like a bullish hammer. Major resistance is at 78500. Major support is at 76500. Price is below all the EMAs. The view is bearish.
(4) 30-minute Time Frame:
Structurally, price is in a downtrend. Zone (77250 - 77000) will act as a good support. If the price remains sustainable above this zone, then we can expect more upside. However, if the price starts to trade below 77000, then forget about taking any bullish trade. Look only for bearish trade in that case. Level 76500 would be the last major support. Levels 78500 and 79000 would act as major resistances. The view is indecision to bearish.
No Trading Zone (NTZ): (77500 - 77000)
Event: Nifty 50 weekly expiry. No other major event. No holidays. However, global uncertainty is on as the US-Iran war is on. Anything can happen.
Summary of the Trading Plan (Hypothesis and insights):
(i) Monthly TF: The view is bearish.
(ii) Weekly TF: The view is bearish.
(iii) Daily TF: The view is bearish.
(iv) 30-minute TF: The view is indecision to bearish.
(v) No Trading Zone (NTZ): (77500 - 77000).
(vi) Establish intraday bias with respect to the opening price. Mark the opening price and observe the sustainability of the price above or below the opening price, as it would decide intraday bullish or bearish sentiment, respectively.
(vii) Zone (77250 - 77000) will act as a good support. If the price starts to trade below 77000, do not think of a bullish trade.
(viii) Major support is 76500. Major resistance levels are - 78500 and 79000.
(ix) For Bullish Scenario Set-Up: Price must sustain above level 77750. Then the price must decisively breaks out level 78000. In this case, bullish targets would be 78500 and 79000.
(x) For Bearish Scenario Set-Up: P rice must sustain below level 77000. It make lower lows and lower highs structure. Then, if level 76500 is decisively broken, then bearish levels - 76000 and 75500 will be the targets.
(xi) All the analysis would fail in the case of a massive gap up or gap down.
NOTE:
(i) Trade only if there is any set-up. Remember, not trading is an extension of the trading activity. Always practice RISK MANAGEMENT. Always PROTECT your CAPITAL.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past profits or losses. Always think from a new perspective.
Happy Trading!
JWLJWL is showing strong reversal with volume from strong support level. Price should retrace around the reversal level. We would see are rejection, this rejection may even happen before support level. So please keep close eye on the rejection/entry model formation.
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Disclaimer ⚠️:This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) and check with your financial advisor before making any trading decisions ⚠️⚠️.
UBL Swing scenario....After a long consolidation and forming an inverted Head and Shoulder pattern, price broke neckline with massive volume. Now we expect a price reversal, once price retraces till the the POI and shows rejection at that zone.
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Disclaimer ⚠️:This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) and check with your financial advisor before making any trading decisions ⚠️⚠️.
SENSEX Price Structure Analysis [09/03/2026: Monday]Top-Down SENSEX Price Structure Analysis for 09th of March 2026. The day is Monday.
(1) Monthly Time Frame:
The monthly candle is a bullish gravestone doji. The previous trend is downward. Level 78500 is a weak support. If 78500 is breached, then level 78000 is possible. Confident bullish trades are only possible when the price sustains above the level 80500. Doubt all the up moves. The view is bearish.
(2) Weekly Time Frame:
The weekly candle is a bullish gravestone doji. The previous trend is downward. Level 78500 is a weak support. If 78500 is breached, then level 78000 is possible. Confident bullish trades are only possible when the price sustains above the level 80500. Doubt all the up moves. The view is bearish.
(3) Daily Time Frame:
For the past 4 days price has been consolidating in the zone (80500 - 78500). Either side price break might offer a 2000-point move. The previous trend is downward. Very strong resistance is at 80500. Doubt every up move until price decisively starts trading above level 80500. Level 78500 seems like weak support. If level 78500 is broken, then new downward levels - 78000 and 77500 might be observed. The view is indecision to bearish.
(4) 30-minute Time Frame:
Price is in 2000-points sideways consolidation. The main trend (bearish) is intact. Confident bullish trades cannot be taken until the price sustains above the level 80500. On the contrary, if the price breaks down level 78500, then new downward levels - 78000 and 77500 might be observed. The view is indecision to bearish.
No Trading Zone (NTZ): (79000 - 80000).
Events: No expiry on Monday. No high-impact event. However, war is going on. Thus, be alert regarding price anomaly.
Summary of the Trading Plan (Hypothesis and Insights):
(i) Monthly TF: The view is bearish.
(ii) Weekly TF: The view is bearish.
(iii) Daily TF: The view is indecision to bearish.
(iv) 30-minute TF: The view is indecision to bearish.
(v) No Trading Zone (NTZ): (79000 - 80000).
(vi) Establish intraday bias with respect to the price. That is, the sustainability of price above or below the opening price would decide the bullish or bearish intraday view.
(vii) For Bullish Trades: Price must start forming a higher highs and lower lows structure above level 79650. In this case, bullish targets would be 80000 and 80500. If the price breaks out at level 80500, then levels 81000 and 81300 might be achieved. There is an unfilled gap also. However, it will be a difficult journey for the price as the main trend is bearish. Thus, all the bullish trades should be executed with caution.
(viii) For Bearish Trades: If price forms lower lows and lower highs below level 78700 and decisively gives a breakdown below level 78500, then levels - 78000 and 77500 would be achieved.
NOTE:
(i) Trade only if there is any set-up. Remember, not trading is an extension of the trading activity. Practice Risk Management. Always Protect your Capital.
(ii) Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Thus, don't carry the baggage of past successes or failures. Always trade from a new perspective.
Happy Trading!






















