Nifty Structure Analysis & Trade Plan: 5th September

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🔎 Multi-Timeframe Market Structure

4H Chart

Clear rejection from 24,850–24,900 supply zone.

Strong bearish candle printed after touching upper resistance.

Currently sitting around 24,740, right above an FVG + demand pocket (24,680–24,700).

If this zone breaks, next liquidity rests near 24,550–24,580.

👉 Bias: Neutral to bearish unless price reclaims 24,850 convincingly.

1H Chart

Structure shows a lower high at 24,850 and now pushing into corrective leg.

FVG around 24,700–24,740 is being tested right now.

Below this, structural support rests at 24,600 (trendline + OB zone).

👉 Bias: Watching if demand at 24,700 holds. If not, momentum could accelerate down.

15M Chart

Market created a breaker structure (MSS) at 24,820 → confirms intraday bearishness.

Current candles consolidating around 24,720–24,740 demand.

Liquidity sits below 24,680. If swept, expect sharp reaction (either bounce or further sell-off).

👉 Bias: Short-term consolidation → either bounce back to 24,800 or flush toward 24,600.

🎯 Trade Plan for 5th September

Long Setup

Entry: 24,700–24,720 demand sweep.

Stoploss: Below 24,640.

Targets:

T1: 24,800 (immediate FVG fill)

T2: 24,850–24,880 (supply)

⚠️ Works only if price protects 24,700 demand.

Short Setup

Entry 1: On rejection from 24,800–24,850 zone.

Entry 2: Breakdown below 24,680 demand.

Stoploss: Above 24,880 (for Entry 1) / Above 24,720 (for Entry 2).

Targets:

T1: 24,600 (OB + liquidity)

T2: 24,500 (deeper demand zone)

✅ Key Pivot Levels for 5th Sept

Bullish Protection: 24,700

Bullish Trigger: 24,850

Bearish Trigger: 24,680

Bearish Extension: 24,600 → 24,500

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