Sensex Structure Analysis & Trade Plan : 8th September🔎 Multi-Timeframe Market Structure
4H Chart
Price is still respecting the descending channel.
Recent rejection came right from the channel supply + OB zone ~81,600–81,800.
Support demand holds near 80,600–80,750, which has been tested multiple times.
Market is consolidating between 80,600–81
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Sensex Structure Analysis & Trade Plan: 5th September 🔎 Market Structure Analysis
4H Chart
Price is still trading inside a descending channel.
The recent rally into the 81,500–81,800 supply/FVG zone was rejected sharply.
Current structure shows a lower high forming, which aligns with the overall bearish channel.
Key support sits at 80,600–80,80
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The nearest expiration date for SENSEX INDEX FUTURES is Apr 29, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell SENSEX INDEX FUTURES before Apr 29, 2025.