Nifty Market Structure Analysis & Trade Plan: 21st August

🔎 Market Structure Analysis (Nifty 50)

Higher Timeframe (4H)

Current Price: 25,047

Key Resistance Zone: 25,120 – 25,300 (FVG + Supply zone)

Immediate Support Zone: 24,900 – 24,950 (recent OB + demand area)

Trend Bias: Price has broken above recent swing highs but is now stalling at the first FVG resistance.

EMA 24,782: Price trading above EMA → trend is still bullish in the medium term.

Intraday (1H & 15M)

Short-term Structure: Price attempted 25,100–25,120 resistance and faced rejection (sign of supply).

Liquidity Sweep: Minor liquidity grab above 25,100 zone followed by retracement → indicates possible short-term pullback.

Demand Area: 24,950 – 24,980 remains the key zone to watch for long re-entries.

Bias: Short-term consolidation between 24,950 – 25,120 before breakout.

📌 Key Levels for August 21

Resistance Zones:

25,100 – 25,120 (immediate rejection zone)

25,250 – 25,300 (major supply/FVG zone, strong resistance)

Support Zones:

24,950 – 24,980 (intraday demand/OB)

24,680 – 24,720 (swing demand zone, green box)

📈 Trade Plan for Aug 21, 2025

Scenario 1 – Bullish Continuation

If price sustains above 25,120, expect momentum towards 25,250 – 25,300.

Entry: Breakout & retest above 25,120.

Stop: Below 25,000.

Target: 25,280 – 25,300.

Scenario 2 – Pullback to Demand

If rejection continues at 25,100, expect retracement to 24,950 – 24,980.

Entry: Long near 24,960 demand zone (confirmation required).

Stop: Below 24,900.

Target: 25,120, then trail towards 25,250.

Scenario 3 – Breakdown Bearish

If price breaks below 24,900, intraday bias shifts bearish.

Entry: Short below 24,900 with volume.

Stop: Above 24,980.

Target: 24,720 – 24,680 demand zone.

✅ Bias for Tomorrow:

Overall bullish trend intact as long as 24,900 holds.

Expect range 24,950 – 25,120 before a decisive breakout.

Watch for liquidity grabs at resistance (25,100–25,120) for intraday shorts and demand re-tests at 24,950 for intraday longs.