NIFTY 50 – 1D TF: Expanding Triangle Dynamics

8月4日

Inside the triangle we saw a triangle again

Pattern: Classic Broadening wedge —higher highs & lower lows = volatility + indecision
Microstructure: Within the Triangle, a smaller broadening wedge formed, signaling coiling price before potential range expansion.
Sideways & expanding = distribution or re-accumulation phase. (For 1D TF Macro Triangle outlook scroll ↧)

Markers:
🥵Resistance
🥶Pivot
🤢Support
💪🏼⚠️Key levels
💥 Order block from Supply Line breakdown
🪂 Our main Man
❓U-🔻Turn Fake Out, lets see how it goes!
🚀 Let me know your views

Technical Insight
Broadening wedge 📐:
Often signals high emotional volatility— smart money accumulates in the chaos while retail gets whipsawed. Market is struggling to agree on fair value — hence breakout/breakdown traps are common.

Progressively a rejection from the supply💥 line zone could result in a lower high, leading to sharp retracement toward 24,000 or lower → our main man 🪂

Liquidity Grab Setup:
If NIFTY dips near 🪂 23,844 and forms a V-reversal, it could be a liquidity spring towards 25,350 🚀

🚫 Critical Checks to Avoid False Breakouts
Watch out 🪂💥❓
Liquidity Trap: Ignore breakouts with volume < 1.5x avg.
Expiry Week: Reduce position size (PCR/OI noise increases).
VIX Filter: No shorts if VIX < 15 (low volatility traps).


📊 Fundamental Alignment
Macro Tailwinds:
Q2 GDP prints strong: India remains among the fastest-growing economies.
FIIs have returned in phases post-June; DII participation remains robust.
Inflation cooling (CPI near 5%) + expectation of status quo on rates by RBI = positive for equities.

💹Risk Catalysts
Global volatility from US yields, Fed guidance, and oil prices could influence near-term moves.
Upcoming domestic events (elections, fiscal data, monsoon trend) may impact sentiment around key supply zones.

🛠️ Strategic Outlook
Validated (Bullish Continuation)
Setup: Bounce off 24,178 → breakout above 25,118 → reclaim 25,565
Bias: Bullish breakout
Trigger: Daily close above 25,565 with volume

Invalidated (Fakeout then Breakdown)
Setup: Pop above 25,118 → rejection from OB → lower high → flush toward 23,844 and Lower
Bias: Bearish
Trigger: Bearish engulfing near 25,350

Always DYOR,
See you on the other side

💡 Reflective Close:
In expanding structures, the real edge isn’t prediction — it’s patience.
Are you managing risk through structure or emotion through bias?

8月4日

ノート

NIFTY 50 1D TF Macro Triangle

8月4日

ノート

NIFTY 50 – 1D TF: Expanding Triangle Dynamics
Within the Macro Triangle, a smaller broadening wedge