Nifty 50 in Nifty 50 formed ,XABCD pattern to the "next level" Harmonic Trading, Nitfy break the 25000in upside ..
Long
S&P CNX NIFTY INDEX FUTURES
No trades
No trades
In-depth trading ideas
Long
GIFT NIFTY (Daily) - Inverse Head & ShoulderBias: 🟢 Bullish
GIFT NIFTY has completed an Inverse Head & Shoulders breakout and is now trading above the neckline. The breakout is accompanied by improving momentum (RSI above 65), suggesting a continuation of the uptrend if the breakout sustains.
📊 Technical Observations
✅ Inverse Head & Shoulders breakout confirmed.
✅ Price has closed above the neckline.
✅ RSI (65+) indicates strengthening bullish momentum.
✅ Higher High–Higher Low structure developing.
⚠️ Immediate resistance lies near the previous swing high.
📍 Key Levels
Support 24,350 / 24,300
Resistance 24,900 / 25,270
Why this setup is attractive
✅ Classic Inverse Head & Shoulders breakout.
✅ Momentum confirmation from RSI.
✅ Bullish price structure with higher lows.
✅ Excellent positional risk-reward.
✅ Pattern target aligns closely with the previous major resistance around 25,270.
Invalidation
A daily close below 24,300 would invalidate the breakout and weaken the bullish outlook.
Verdict: Bullish positional trade. Buying on minor dips toward 24,500–24,450 offers the best risk-reward, with upside potential toward 24,900 and 25,270 over the coming few weeks.
Long
AVWAP retest LongAVWAP Retest Long Setup
Anchored VWAP is drawn from the previous major reversal low. Price is now revisiting the same AVWAP after a healthy pullback. Since this level previously acted as institutional support, I'm expecting buyers to defend it again.
Entry near AVWAP
Stop below the anchored VWAP/swing low
Target previous highs
Approx. 1:4 Risk:Reward
This is a level-based trade with clearly defined invalidation—not a prediction of direction. Risk management comes first.
Long
GIFT NIFTY | FLOW | Monitors Ongoing Structural Evolution | 08-JThe market is currently testing the Structural Pivot Zone, where participation continues to improve following the recent recovery.
At present, the broader environment remains constructive, but confirmation requires sustained acceptance above the Structural Pivot Zone. Until then, the market may continue rotating within the current operational range.
What to Monitor
• Acceptance Above 24,225
Participation strengthens and the recovery structure improves.
• Remain Within 23,934–24,225
Corrective rotation continues while the market develops further participation.
• Acceptance Below 23,934
Participation weakens, increasing the probability of additional corrective pressure.
This publication is part of the FLOW product, which monitors ongoing structural evolution and highlights the areas that deserve attention as market structure develops.
Structure → Level → Trigger → Probability
Educational content only. This publication explains market structure and participation. It is not investment advice or a prediction of future price movement.
#GIFTNIFTY #NIFTY50 #MarketStructure #TechnicalAnalysis #TradingView #PriceAction #MarketEducation #MarketOmorph
Nifty Daily Bearish IdeaNIFTY continues to consolidate within the zone of a potential bearish breakout, with price still ranging around a key resistance area. Despite the recent sideways movement, my overall bearish bias remains unchanged.
From a technical perspective, the market may still attempt to retrace higher to mitigate the Fair Value Gap (FVG) around the 24,000 level before resuming its downward move. This retracement could provide liquidity for institutional participants before the next leg lower unfolds.
As long as price remains below the major resistance zone and fails to establish a sustained bullish structure, the broader outlook remains bearish. Should the rejection from the 24,000 FVG occur as anticipated, NIFTY could begin an aggressive decline toward the 22,000 level and potentially below, as indicated on the chart.
Short
Inverted Head & Shoulder - Target 24600Hope everyone doing well,
Spotted inverted head & shoulder where it’s forming the right shoulder.
Probably breakout might reach 24600.
Please note this is purely for educational purposes only. Do take advice from your advisor before making any trades.
Long
Nifty StrangleSell 24500 CE at 35 and 23500 a5 17.5
Expecting both to go to zero
Ratio is 2:1, so sell 2 Puts against 1 Call
Delta Neutral
Expiry 30th June
NIFTY 50 - 22.06.2026 IN MARKET ANALYSISMarket turns a little cautiously bullish towards the resistance zone. Hence, we are waiting for the nifty to break the resistance and take a support upwards then we will see some price action. Else the same will drift down backward to the 24000-level pivot.
Wait and watch is the suggestion right now.
Trading the NIFTY Futures 4H outlookRight now, Nifty is trading around $24,043 region my expectation is that price will start falling from that region down to $20,534 region...
Nifty is already trading at a bearish pattern and for three consecutive times it has failed the low at $21,256. A sudden move down there will be a massive spike that...
When market opens lets watch how it will react
Short
Nifty 50 - pre open Setup 15-06-2026With gift nifty at 24022 we expecting a gap of around 300++points. Major contributers will be LT Hdfc bank ICICI Bank and reliance industries. The market to remain choppy. 24173 will be the immediate resistance.
Instant decision making will be near 23983-24000 zone. If nifty holds below 24000 and drops. Expect a fake breakout which is expected to fail with drop till 23783 levels. Else 24000 or above is a good buy zone.
👍👍
Long
GIFTNIFTY DAILY / Short Range Level Analysis for 15th Jun 2026━━━━━🟥🟧🟨🟩🟦🟪⬛━━━━━
💥Level Interpretation / description:
✍🏻L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. Cfm=> Confirmation.
L#2: Possibility / Probability of REVERSAL near 🔕RL/TF1 & 🔔RL/TF2
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above.
L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias.
L#5: Possibility / Probability of REVERSAL near 🔕RL/TF1 & 🔔RL/TF2
HZB (Buy side) & HZS (Sell side) => Hurdle Zone,
✍🏻 *** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature)
Rest Plotted and Mentioned on Chart
Color code Used:
Green, BLUE =. Positive bias.
Safron, RED =. Negative bias.
RED in Between Green means Trend Finder / Momentum Change
/ CYCLE Change and Vice Versa.
Notice One thing: HOW LEVELS are Working.
Use any Momentum Indicator / Oscillator or as you "USED to" to Take entry.
━━━━━🟥🟧🟨🟩🟦🟪⬛━━━━━
⚠️ DISCLAIMER:
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. I am not a SEBI-registered financial adviser.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
"🔔As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's".
━━━━━🟥🟧🟨🟩🟦🟪⬛━━━━━
❇️ Follow notification about periodical View
💥 Do Comment for Stock WEEKLY Level Analysis.🚀
📊 Do you agree with this view?
✈️ HIT THE PLANE ICON if this technical observation resonates with you. It will Motivate me.
━━━━━🟥🟧🟨🟩🟦🟪⬛━━━━━
💡 If You LOOKING any CHART & want for Level and ANALYZE?
Share your desired stock names in the comments below! I will try to analyze the chart Levels, patterns and share my technical view (so far my Knowledge).
If Viewers think It can identify meaningful setups. Looking forward to hearing from all of you — let's keep this discussion going and help each other make better trading decisions.
___________🔕^^^⚫⚪^🙏🏼🙏🏼🙏🏼^⚪⚫^^^🔔___________
GIFT NIFTY – Understanding Support ParticipationStructure remains within a broader constructive framework, but recent price behaviour has shifted from recovery participation toward corrective participation.
Price failed to sustain above the structural pivot zone and is currently testing immediate support participation near 23,050–23,200.
The primary area to monitor is the structural pivot zone between 23,350–23,550. Recovery participation above this zone would improve the probability of renewed expansion toward the resistance area.
As long as price remains below the pivot zone, rotational and corrective participation may continue within the broader range.
Key Levels
Primary Resistance Zone: 23,750–23,950
Structural Pivot Zone: 23,350–23,550
Immediate Support Zone: 23,050–23,200
Structural Support Zone: 22,300–22,450
Base Structural Support Zone: 21,200–21,800
Structure → Level → Trigger → Probability
#GiftNifty #Nifty50 #Nifty #IndianMarkets #MarketStructure #TechnicalAnalysis #PriceAction #MarketAnalysis #TradingView #StockMarket #MarketEducation #MarketOmorph
GIFT NIFTY: Understanding Recovery Participation and InternalGIFT NIFTY: Understanding Recovery Participation and Internal Rotation
GIFT NIFTY continues to operate within a broad participation range despite recent volatility.
The repeated defense of the 23,300–23,500 area suggests that support participation remains active, while the 23,750–23,950 zone continues to act as the primary resistance area.
From a structural perspective, the market is not currently displaying strong directional expansion. Instead, price continues to rotate internally between support and resistance zones as participants assess the next phase of participation.
Current Structure:
• Recovery Participation Active
• Internal Rotation Ongoing
• Structural Pivot Zone: 23,350–23,550
Possible Pathways:
Bullish
→ Above 23,750–23,950 | Expansion participation strengthens
Neutral
→ Internal rotation | Participation within range continues
Weakness
→ Below 23,300 | Attention shifts toward lower support participation
Markets often spend significant time rotating internally before directional participation expands. For now, the focus remains on how price behaves around the structural pivot zone rather than attempting to predict the next major move.
Structure → Level → Trigger → Probability
NIFTY Technical Analysis View — Cautious Bias Below 23,650Key Points
1. NIFTY is trading with a cautious tone
NIFTY is currently under pressure after facing selling near higher levels. The index needs to reclaim the 23,650–23,700 zone to improve short-term sentiment.
2. Immediate resistance is near 23,650–23,850
The first resistance zone is placed around 23,650–23,700. If NIFTY sustains above this range, the next upside levels to watch are around 23,850–24,050. A close above 24,050 would strengthen the bullish setup.
3. Key support is near 23,300–23,150
On the downside, support is visible around 23,300, followed by 23,150. If NIFTY breaks below this zone, selling pressure may increase and the index could move toward 23,000–22,900.
4. Momentum indicators remain mixed
The index is trading near important support levels, but momentum is not yet strong enough to confirm a clear bullish reversal. A breakout above resistance with strong participation from heavyweight stocks would be important.
5. Broader market sentiment will be important
NIFTY may continue to move in line with global cues, crude oil prices, rupee movement, FII flows, and sector rotation. Strong participation from banking, IT, energy, and auto stocks could support recovery, while weak global sentiment may cap upside.
Takeaway
NIFTY currently has a cautious-to-range-bound short-term setup. The index needs to sustain above 23,650–23,850 to regain bullish momentum. On the downside, 23,300–23,150 is the key support band to watch. A breakout above 24,050 can push the index toward 24,300–24,500, while a fall below 23,150 may invite fresh selling pressure.
gift nifty technical outlook**📊 GIFT NIFTY Futures – Technical Outlook (wekly Chart)**
🔹 GIFT NIFTY is currently trading near a crucial demand zone around **23,730–23,200**, which has acted as a strong support area in recent months.
🔹 The recent price action indicates the possibility of a **W-shaped recovery pattern (Double Bottom)** forming near the **22,730** support region.
### ✅ Bullish Scenario – W Pattern Recovery
* The first leg of the correction found support near **22,730**.
* If buyers continue to defend this zone and price breaks above the interim swing high around **24,500–25,000**, the W-pattern will be confirmed.
* Such a breakout could trigger a medium-term rally towards:
* **25,750** (0.786 Fib level)
* **26,700** (previous major swing high)
### ⚠️ Bearish Scenario
* Failure to hold **22,730** would invalidate the bullish W-pattern setup.
* A decisive breakdown could drag prices towards:
* **21,830**
* **21,234**
* These levels represent the next major support cluster.
### 📈 Key Levels
**Support:** 23,200 | 22,730 | 21,830 | 21,234
**Resistance:** 24,500–25,000 | 25,750 | 26,700
### 📌 Conclusion
GIFT NIFTY is trading at a critical juncture. The **22,730 zone remains the key level to watch**. As long as this support holds, the probability of a **W-pattern recovery towards 25,750–26,700** remains alive. A breakdown below 22,730 would shift the bias back to bearish and expose lower support levels.
*Charts suggest a "wait for confirmation" approach rather than aggressive positioning at current levels.*
Short
NIFTY Technical Analysis View — Range-Bound Below 23,800Key Points
1. NIFTY is trading with a cautious bias
NIFTY is currently moving in a narrow range, with buying interest visible at lower levels but limited follow-through near resistance. The index needs stronger momentum to confirm a clear bullish breakout.
2. Immediate resistance is near 23,800–24,000
The first resistance zone is placed around 23,800–24,000. If NIFTY sustains above this range, the next upside levels to watch are around 24,200–24,400. A close above 24,400 would improve the short-term structure.
3. Key support is near 23,300–23,150
On the downside, support is visible around 23,300, followed by 23,150. If NIFTY breaks below this zone, selling pressure may increase and the index could move toward 23,000–22,800.
4. Momentum indicators remain mixed
The index is still facing resistance near higher levels, while momentum indicators are not yet showing strong bullish confirmation. This suggests NIFTY may remain volatile and range-bound in the near term.
5. Broader market sentiment will be important
NIFTY may continue to move in line with global cues, crude oil prices, rupee movement, FII flows, and sector rotation. Strong participation from banking, IT, and heavyweight stocks could support a recovery, while weak sentiment may cap upside.
Takeaway
NIFTY currently has a range-bound-to-cautious short-term setup. The index needs to sustain above 23,800–24,000 to regain bullish momentum. On the downside, 23,300–23,150 is the key support band to watch. A breakout above 24,400 can push the index toward 24,600–24,800, while a fall below 23,150 may invite fresh selling pressure.
Nifty Ready for 700 Points upMarket Structure Overview
The broader structure visible on the chart appears to be:
A completed sharp corrective decline
Followed by a complex ABC corrective recovery
Formation of multiple nested corrective structures
Development of a bullish breakout setup above the key resistance zone near 23,872 – 23,900
The market has repeatedly tested this horizontal resistance area, which now acts as the most important breakout trigger.
Elliott Wave Interpretation
The chart shows:
1. Larger Wave B Formation
The entire structure from the bottom near 23,250 appears to be part of a larger corrective Wave B.
Within this B wave:
Multiple internal ABC corrections are visible
Price is respecting rising trendline support
Momentum is gradually building upward
This indicates accumulation rather than distribution.
2. Internal Corrective Structure Completed
The market recently completed:
An impulsive rise
Followed by an ABC pullback
Then another higher low formation
This creates a bullish continuation setup.
The recent decline toward the 0.5 Fibonacci retracement zone (~23,790) appears corrective rather than impulsive.
That suggests:
Sellers are losing strength
Pullbacks are getting absorbed
Buyers are defending higher lows
Fibonacci Analysis
The Fibonacci projection on the chart is extremely important.
Current projected upside targets:
Fibonacci Level Price Target
0.618 23,872
0.786 23,990
1.0 24,140
1.272 24,331
1.414 24,430
1.618 24,573
2.0 24,841
Key Technical Observation
The market is currently hovering near the:
0.618
retracement/resistance zone.
This is a critical decision area.
A successful breakout above 23,872–23,900 can trigger:
Short covering
Momentum buying
Fast impulsive Wave C rally
Wave C Projection
The projected Wave C structure on the chart indicates:
Sharp impulsive movement
Potential vertical rally
Strong momentum expansion
The likely path:
Pullback completion near 23,750–23,790
Breakout above 23,900
Acceleration toward 24,140
Extended move toward 24,430–24,573
The projected Wave C target is approximately:
1.618
extension near 24,573.
This aligns with a classical Elliott Wave extended C-wave move.
Trendline Analysis
The rising diagonal support trendline has held multiple times.
This suggests:
Buyers are active on dips
Market structure remains bullish
Trend continuation probability remains high unless trendline breaks decisively
As long as price stays above:
23,430–23,500 zone
Rising support structure
the bullish scenario remains valid.
Bullish Confirmation Levels
Immediate Confirmation
Sustained move above: 23,900
Strong Bullish Continuation
Break above: 24,000
Momentum Expansion
Above: 24,140
This would likely confirm the start of the larger Wave C rally.
Risk Factors / Invalidations
The bullish structure weakens if:
Price breaks below the rising trendline
Market closes below 23,430
Impulsive downside candles emerge with volume
That could indicate:
Wave B is still incomplete
Another corrective leg downward is pending
Market Psychology
Current structure reflects:
Early skepticism
Choppy consolidation
Repeated rejection attempts failing to create new lows
This is typical behavior before a larger breakout move.
The market appears to be transitioning from:
Corrective uncertainty
to
Directional impulsive expansion.
Conclusion
The overall technical structure remains bullish with:
Nested Elliott corrective formations
Rising support trendline
Strong Fibonacci confluence
Potential Wave C breakout setup
The most critical zone remains:
23,872 – 23,900
A breakout above this region can potentially trigger:
Rapid upside momentum
Extended Wave C rally
Targets toward:
24,140
24,430
24,573
Possibly 24,841 in an extended move
The chart currently favors a:
“Buy on dips until structure breaks” approach
rather than aggressive short positioning.
Long
Option Trading #1PCR means Put Call Ratio
It tells us how many Put options and Call options people are buying or trading.
Why it matters for institution trading
Big players mostly use options. So PCR helps us understand what big money may be thinking.
If PCR is high
More puts than calls.
Means traders are scared or taking protection.
Sometimes big players expect weakness.
If PCR is low
More calls than puts.
Means confidence in upside.
Sometimes market is bullish.
Why learn this
Price only shows movement.
PCR shows mindset behind movement.
Institutions think different
Retail people chase candles.
Institutions manage risk first.
PCR helps you see that risk activity.
Education
++ NIFTY 50 Post Market Analysis - 25.05.2026 Nifty1! started day with a gap-up of 250++ points but remained range bound till 2:00 pm and gave a 50 points dip to fall near 23950 levels but gained strength to close above 24000 with a good premiums in hand which suggests that can be a good gap-up tomorrow at-least by 200 points. The market will remain volatile due to expiry but the it will try to next resistance of 24450.
Long
nifty upcoming moveGift Nifty has already grabbed seller liquidity, and the market structure is now indicating a continuation toward the downside. From the current zone around 23,985, price is expected to move toward 22,936. However, before that move unfolds, the market first needs to break below the 23,827 level for confirmation of further downside momentum.
Nifty previously showed a sharp demand reaction from the 23,272 zone, but that demand remains unfilled. At the moment, there is no valid system structure supporting a reversal. A proper reversal setup is still missing, and around the 23,310 zone, Nifty has not formed any structure strong enough to justify a directional shift. Until a confirmed reversal system appears, the market is expected to continue operating under selling pressure."
Short
FIIs & DIIs Money Flow ReportIntroduction
FIIs (Foreign Institutional Investors) and DIIs (Domestic Institutional Investors) play a major role in the stock market. Their buying and selling activity directly impacts market direction, liquidity, and investor sentiment.
When FIIs invest heavily, markets usually gain strong momentum because foreign capital increases confidence and liquidity. On the other hand, when FIIs sell aggressively, markets often become volatile.
DIIs mainly include Indian mutual funds, insurance companies, banks, and financial institutions. DIIs usually provide stability to the market during heavy foreign selling.
Tracking FII and DII money flow helps traders and investors understand where smart money is moving and what institutions expect from the market in the near future.
What are FIIs?
Foreign Institutional Investors are large investors from outside India who invest in Indian financial markets.
Examples of FIIs:
Foreign hedge funds
Global investment banks
Pension funds
Sovereign wealth funds
International asset management companies
Why FIIs are Important:
They bring huge liquidity into markets
Influence market sentiment
Strong impact on index movements like NIFTY and BANKNIFTY
Major contributors during bull markets
Positive Impact of FII Buying:
Market rallies become stronger
Banking and IT sectors perform well
Rupee stability improves
Investor confidence increases
Negative Impact of FII Selling:
Sharp market corrections
Increased volatility
Pressure on large-cap stocks
Weakening market sentiment
What are DIIs?
Domestic Institutional Investors are Indian financial institutions investing in Indian markets.
Examples of DIIs:
Mutual funds
LIC and insurance companies
Indian banks
Pension funds
Financial institutions
Why DIIs are Important:
Provide market stability
Support markets during panic selling
Long-term investors
Strong participation in SIP-driven investments
Role of DIIs During Market Falls:
When FIIs sell aggressively, DIIs often absorb selling pressure by buying quality stocks. This helps reduce panic and supports market recovery.
Difference Between FIIs and DIIs
Factors -----------------------FIIs-----------------------------DIIs
Origin -------------------Foreign Investors--------- Indian Investors
Investment Nature------Aggressive & fast-moving---------Stable & long-term
Market Impact----------High volatility impact---------- Market balancing role
Currency Exposure---------Affected by Dollar & Rupee --------Less currency impact
Investment Focus-------- Large-cap & growth sectors------------Defensive & diversified
Why FII & DII Data Matters
Institutional money flow helps traders identify:
Market trend direction
Bullish or bearish sentiment
Sector rotation
Strength of market rallies
Possible reversals
Key Observation:
Strong FII buying + DII buying = Highly bullish market
FII selling + DII buying = Market support phase
Both selling together = High risk and weak sentiment
FII buying alone = Short-term momentum possible
Impact on Indian Stock Market
1. Impact on NIFTY & BANKNIFTY
FIIs heavily influence index-based stocks such as:
Banking sector
IT sector
Reliance group stocks
Large-cap companies
Large FII buying generally pushes indices upward with strong momentum.
2. Sectoral Impact
Banking Sector
FIIs prefer banking stocks during economic growth periods because banks benefit from rising credit demand and strong earnings.
IT Sector
Foreign investors invest heavily in IT companies when global technology demand remains strong.
FMCG & Pharma
DIIs often prefer defensive sectors during uncertain market conditions.
Important Indicators to Track
Daily FII & DII Cash Data
This shows net buying or selling activity in the cash market.
Example:
FII Net Buy: ₹4,000 Crore
DII Net Sell: ₹1,200 Crore
This indicates strong foreign participation and bullish momentum.
FII Index Futures Position
Helps understand institutional expectations in derivatives markets.
Bullish Signal:
Increasing long positions in index futures
Bearish Signal:
Heavy short buildup by FIIs
FII Option Chain Activity
Institutional option activity helps identify:
Major support zones
Resistance levels
Smart money positioning
Current Market Behaviour of Institutions
In recent years, DIIs have become stronger because of:
Growth in SIP investments
Increased retail participation
Expansion of Indian mutual funds
Earlier, markets depended heavily on FIIs. Now DIIs are helping markets remain more stable even during global uncertainty.
Key Reasons Behind FII Buying & Selling
Reasons for FII Buying
Strong Indian economic growth
Stable government policies
Falling interest rates
Strong corporate earnings
Positive global sentiment
Reasons for FII Selling
Rising US interest rates
Global recession fears
Weak rupee
Geopolitical tensions
Profit booking after rallies
How Retail Traders Can Use FII & DII Data
Traders should:
Follow daily institutional data
Track smart money positioning
Avoid trading against strong institutional trend
Use FII activity with price action confirmation
Important Tip:
Price action + institutional flow together create higher probability trading setups.
Education
GIFT NIFTY: Understanding Internal Rotation Within RecoveryGIFT NIFTY: Understanding Internal Rotation Within Recovery Participation
Current structure continues to show recovery participation from lower reaction zones, although price behaviour remains internally rotational rather than directional.
Price is currently operating near the upper participation area while interacting around the structural pivot zone. Recent behaviour suggests that the market is attempting to stabilize after earlier weakness, but broader expansion participation has not fully emerged yet.
Structural observations
• Recovery participation remains active from lower zones
• Price continues rotating around the structural pivot area
• Internal participation remains stronger than directional continuation
• Higher participation requires acceptance above resistance participation
Possible pathways
Bullish:
Above 23,750–23,950 → Expansion participation strengthens
Neutral:
Internal rotation → Participation within range continues
Weakness:
Below 23,300 → Attention shifts toward support participation
Educational note
Markets often rotate internally before directional participation expands.
Structure → Level → Trigger → Probability
Disclaimer:
For educational purposes only. This is a structural market observation and not investment or trading advice.
#GiftNifty #Nifty #MarketStructure #PriceAction #TradingView #TechnicalAnalysis #MarketEducation #EWavesJournal
NIFTY PRE-OPEN SETUP 21-05-2026Hi everyone
The market is making a gapup of near 200++. But we still doubt it will able to hold or break out. In this confused situation we can focus or rely on only the support and resistance lines drawn. So whenver the resistance becomes support try calls and when support becomes resistance. Try puts. Market will be undecisive and volatile like yesterday but a gap up was not expected much in this scenario. So its kind of a greasy situations.
Regards
Ajay E
