NIFTY is currently in a strong bearish structure, with price continuously forming lower highs and lower lows. After the recent downside move, price has now reached the marked demand zone, making this an important area to watch for a potential reversal.
🟢 Key Levels
Current Price: Around 23,870
Demand / Reaction Zone: 23,720 – 23,790
L-SWEEP Level: Around 23,620
TP / Upside Target: Around 24,300
📉 Current Market Structure
The market has been moving downward with consistent selling pressure. However, price is now entering a previously marked demand area.
This is where I am looking for a possible liquidity sweep followed by a bullish reaction.
I am not buying just because price has reached the zone.
📈 What I Need
The marked demand zone is only my area of interest. I need a proper bullish confirmation pattern before considering a long:
Bullish Engulfing
Strong rejection wick
Hammer
Morning Star
CHOCH
Break of minor bearish structure
Higher Low formation
🎯 Trade Logic
Bearish Move → Demand Zone → L-SWEEP → Bullish Confirmation → Potential Long → TP
If price sweeps the liquidity toward 23,620 and then returns strongly above the demand zone, that would provide additional confluence for the bullish idea.
The marked 24,300 area is the main upside target shown on the chart.
⚠️ Invalidation
If NIFTY breaks below the demand zone and continues toward/below the 23,620 L-SWEEP without bullish confirmation, the reversal setup becomes invalid.
I will not force a trade against the prevailing bearish structure.
🧠 My Trading Rule
Demand zone = Area of interest
L-SWEEP = Liquidity confirmation
Bullish pattern = Entry confirmation
Wait for the sweep. Wait for the reaction. Wait for the bullish pattern. Then execute.
No bullish confirmation = No Trade.
Patience is the edge. 📊
🟢 Key Levels
Current Price: Around 23,870
Demand / Reaction Zone: 23,720 – 23,790
L-SWEEP Level: Around 23,620
TP / Upside Target: Around 24,300
📉 Current Market Structure
The market has been moving downward with consistent selling pressure. However, price is now entering a previously marked demand area.
This is where I am looking for a possible liquidity sweep followed by a bullish reaction.
I am not buying just because price has reached the zone.
📈 What I Need
The marked demand zone is only my area of interest. I need a proper bullish confirmation pattern before considering a long:
Bullish Engulfing
Strong rejection wick
Hammer
Morning Star
CHOCH
Break of minor bearish structure
Higher Low formation
🎯 Trade Logic
Bearish Move → Demand Zone → L-SWEEP → Bullish Confirmation → Potential Long → TP
If price sweeps the liquidity toward 23,620 and then returns strongly above the demand zone, that would provide additional confluence for the bullish idea.
The marked 24,300 area is the main upside target shown on the chart.
⚠️ Invalidation
If NIFTY breaks below the demand zone and continues toward/below the 23,620 L-SWEEP without bullish confirmation, the reversal setup becomes invalid.
I will not force a trade against the prevailing bearish structure.
🧠 My Trading Rule
Demand zone = Area of interest
L-SWEEP = Liquidity confirmation
Bullish pattern = Entry confirmation
Wait for the sweep. Wait for the reaction. Wait for the bullish pattern. Then execute.
No bullish confirmation = No Trade.
Patience is the edge. 📊
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.