Nifty Structure Analysis & Trade Plan: 02nd September

🔎 4H Chart (Swing Bias)

Strong downtrend from 25,200 → series of lower highs & lower lows.

Price reclaimed from 24,400 demand zone and is now retesting FVG around 24,600–24,650.

Overhead supply at 24,800–25,000 remains untested → still bearish higher-timeframe bias unless broken.

Momentum: Relief rally inside downtrend channel.

Bias: Short-term pullback possible, but broader trend still bearish.

⏱ 1H Chart (Intraday Bias)

Clear channel breakout on upside; price now consolidating above 24,600.

First FVG (24,600–24,650) being tested; possible extension toward 24,750–24,800 resistance.

Volume imbalance + liquidity sweep visible near 24,550 → confirms buyers stepping in.

EMA slope still downward, so rally = corrective, not reversal yet.

Bias: Bullish intraday until 24,750–24,800 supply zone.

🕒 15M Chart (Execution Lens)

Price showing BOS (Break of Structure) → minor bullish structure shift.

Liquidity grab below 24,500, followed by impulsive rally = signs of accumulation.

Immediate intraday OB/FVG support at 24,550–24,580.

Resistance supply zone: 24,700–24,750 (first test).

Bias: Intraday longs until 24,700–24,750. Beyond that, cautious.

📑 Trade Plan for 2nd September

✅ Long Setup

Entry Zone: 24,550–24,580 (pullback into OB/FVG).

Target 1: 24,700

Target 2: 24,750–24,800

Stop Loss: Below 24,480 (swing low).

Risk–Reward: ~1:2

❌ Short Setup (if rejection seen)

Entry Zone: 24,750–24,800 (supply/FVG).

Target 1: 24,600

Target 2: 24,450

Stop Loss: Above 24,850

Risk–Reward: ~1:2

📌 Summary:

For 2nd Sept, Nifty is in a corrective bullish move inside a bearish trend. Best approach is to buy dips till 24,750–24,800, then watch for rejection signs to flip short.