Current Context: Nifty50 trading near 25,400, a tested support zone. Market structure suggests two potential scenarios based on price reaction at this level.
🔍 Key Levels to Monitor
Immediate Support: 25,400 (recent price anchor)
Next Supports: 25,300 (minor swing low) → 25,220 (major historical base)
Near-Term Resistance: 25,480 (recent swing high)
Trendline Resistance: 25,575 (drawn from June 30 highs)
📈 Bullish Scenario Framework
Observation Criteria: A robust green candle closing above 25,400.
Potential Structure:
Break above 25,480, Recent Resistance (Orange line) may signal momentum toward 25,575 trendline resistance.
Note: Volume confirmation could strengthen validity.
📉 Bearish Scenario Framework
Observation Criteria: Strong red candle closing below 25,400.
Potential Structure:
Sustained move below 25,400 opens 25,300 zone (Blue Line) as next interest area.
25,220 becomes focal point if 25,300 fails to hold.
🔎 Why This Matters
25,400 Significance: Acts as a hinge between recent consolidation (bullish) and distribution (bearish).
Volume & Candles: Strength/weakness in breakouts may be validated by volume spikes.
Trendline Context: 25,575 aligns with a 4-session descending trendline (tested twice).
⚠️ Disclaimer
This idea highlights observed market structure levels and is not trading advice. It does not constitute a recommendation to buy/sell securities or any financial instrument. Market conditions change rapidly; always conduct independent analysis and consider your risk tolerance before trading. Past performance is not indicative of future results.
🔍 Key Levels to Monitor
Immediate Support: 25,400 (recent price anchor)
Next Supports: 25,300 (minor swing low) → 25,220 (major historical base)
Near-Term Resistance: 25,480 (recent swing high)
Trendline Resistance: 25,575 (drawn from June 30 highs)
📈 Bullish Scenario Framework
Observation Criteria: A robust green candle closing above 25,400.
Potential Structure:
Break above 25,480, Recent Resistance (Orange line) may signal momentum toward 25,575 trendline resistance.
Note: Volume confirmation could strengthen validity.
📉 Bearish Scenario Framework
Observation Criteria: Strong red candle closing below 25,400.
Potential Structure:
Sustained move below 25,400 opens 25,300 zone (Blue Line) as next interest area.
25,220 becomes focal point if 25,300 fails to hold.
🔎 Why This Matters
25,400 Significance: Acts as a hinge between recent consolidation (bullish) and distribution (bearish).
Volume & Candles: Strength/weakness in breakouts may be validated by volume spikes.
Trendline Context: 25,575 aligns with a 4-session descending trendline (tested twice).
⚠️ Disclaimer
This idea highlights observed market structure levels and is not trading advice. It does not constitute a recommendation to buy/sell securities or any financial instrument. Market conditions change rapidly; always conduct independent analysis and consider your risk tolerance before trading. Past performance is not indicative of future results.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.