## 🎯 **Trading Scenario**
**IF** Nifty opens green on Monday and stays green until 10:40 AM:
### 📋 **Key Conditions to Watch:**
- ✅ Green opening sustained till 10:40 AM
- ❌ 25200 CE high of ₹60 should NOT be breached
- 📉 25200 CE price falls below ₹35 zone
### 🎯 **Expected Target:**
**Channel Low: 25120-25100 zone**
---
## 🔍 **Rationale**
### 📈 **Friday's Breakout Analysis:**
- Friday's breakout occurred within a **channel pattern**
- Movement lacked **sharp, strong candles**
- Breakout appeared more corrective than impulsive
### 📊 **Technical Logic:**
- Most channel breakouts **require retests** of their base
- Without proper follow-through, channels tend to **revert to support**
- Current price action suggests **lack of conviction** in the breakout
---
## ⚠️ **Risk Management**
### 🛑 **View NEGATED if:**
- Nifty's 10:40 AM high gets **decisively breached**
- Strong follow-through above breakout levels
- Sustained buying pressure throughout the session
### 💡 **Trading Tips:**
- Wait for confirmation signals before entry
- Watch option premiums for confirmation
- Keep strict stop-loss above 10:40 AM high
---
## 📝 **Summary**
This is a **channel retest play** based on Friday's weak breakout. The setup offers a favorable risk-reward if conditions align. Remember to wait for proper confirmation before taking positions.
**⚡ Trade Safe | Manage Risk | Follow Your Plan ⚡**
---
*Disclaimer: This is for educational purposes only. Please do your own analysis before trading.*
**IF** Nifty opens green on Monday and stays green until 10:40 AM:
### 📋 **Key Conditions to Watch:**
- ✅ Green opening sustained till 10:40 AM
- ❌ 25200 CE high of ₹60 should NOT be breached
- 📉 25200 CE price falls below ₹35 zone
### 🎯 **Expected Target:**
**Channel Low: 25120-25100 zone**
---
## 🔍 **Rationale**
### 📈 **Friday's Breakout Analysis:**
- Friday's breakout occurred within a **channel pattern**
- Movement lacked **sharp, strong candles**
- Breakout appeared more corrective than impulsive
### 📊 **Technical Logic:**
- Most channel breakouts **require retests** of their base
- Without proper follow-through, channels tend to **revert to support**
- Current price action suggests **lack of conviction** in the breakout
---
## ⚠️ **Risk Management**
### 🛑 **View NEGATED if:**
- Nifty's 10:40 AM high gets **decisively breached**
- Strong follow-through above breakout levels
- Sustained buying pressure throughout the session
### 💡 **Trading Tips:**
- Wait for confirmation signals before entry
- Watch option premiums for confirmation
- Keep strict stop-loss above 10:40 AM high
---
## 📝 **Summary**
This is a **channel retest play** based on Friday's weak breakout. The setup offers a favorable risk-reward if conditions align. Remember to wait for proper confirmation before taking positions.
**⚡ Trade Safe | Manage Risk | Follow Your Plan ⚡**
---
*Disclaimer: This is for educational purposes only. Please do your own analysis before trading.*
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.