Nifty50指数
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Nifty Market Structure & Trade Plan: 07th August

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📊 NIFTY 50 ANALYSIS

🔷 Market Structure (4H & 1H Overview):

Bias: Bearish (structure of lower highs and lower lows remains intact)

Current Price: 24,570

Supply Zones (Resistance):

24,760–24,820 (lower)

24,920–25,000 (upper)

Demand Zones (Support):

24,500–24,540 (minor support)

24,374 (strong swing low)

🔸 15-Minute Observations:

Price consolidating at support zone 24,500–24,540.

No bullish BOS yet — market is compressing near key support.

🟡 No-Trade Zone (Avoid Entry):

Between 24,520–24,580

Price is compressing with low volume and indecision.

Wait for breakout or breakdown to avoid trapped positions.

✅ TRADE PLAN – NIFTY

🔻 Scenario 1 – Breakdown & Sell

Entry: Below 24,500

Confirmation: Strong bearish candle closing below support with volume

Target 1: 24,374

Target 2: 24,300

Stop Loss: Above 24,540

🔺 Scenario 2 – Pullback & Sell

Entry: Near 24,750–24,800 zone

Confirmation: Bearish rejection wick or FVG retest

Target: 24,600 / 24,500

SL: Above 24,850

🔄 Scenario 3 – Reversal & Buy (Only if structure changes)

Entry: Close above 24,820 with volume

Target: 24,950–25,000

SL: Below 24,760

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