NIFTY remains in a bullish higher-timeframe structure and is currently in corrective consolidation near the highs.
This view is based on daily structure.
Intraday spikes and dips are not treated as structural signals and are considered part of the ongoing consolidation.
Key Levels
Continuation: Daily close above 26,300
Invalidation: Daily close below 24,300
Until structure resolves, expect range-bound, volatile price action.
Educational view only. Not a trade recommendation.
#NIFTY #MarketStructure #TechnicalAnalysis #PriceAction #TrendAnalysis #EwavesJournal
This view is based on daily structure.
Intraday spikes and dips are not treated as structural signals and are considered part of the ongoing consolidation.
Key Levels
- Resistance: 26,200–26,300
- Support: 24,300–24,350
- Structural risk below: 21,740
Continuation: Daily close above 26,300
Invalidation: Daily close below 24,300
Until structure resolves, expect range-bound, volatile price action.
Educational view only. Not a trade recommendation.
#NIFTY #MarketStructure #TechnicalAnalysis #PriceAction #TrendAnalysis #EwavesJournal
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.