Here’s a concise trading idea you can share based on the Nifty 50 chart you uploaded:
---
Idea: Nifty 50 – Smart Money Structure (1H)
· Current Price: ~23,898 (+1.16%)
· Key Levels:
· Strong High: ~24,058
· Weak Low: ~23,000
· Structure:
· BOS (Break of Structure) to the upside confirmed earlier.
· CHoCH (Change of Character) near the bottom around 23,257, followed by a strong rally.
· Recently: Another CHoCH at ~23,558, now testing above the previous EQH (Equal High) around 23,939–23,970.
· Outlook:
· Sustaining above 23,900 could target the Strong High near 24,100.
· Failure to hold above 23,817 (EQH turned support) might see a retest of 23,639 or the Weak Low zone.
Trade setup:
· Bullish above 23,900, targeting 24,050–24,100.
· Stop below 23,800.
Let me know if you’d like this formatted for Twitter, TradingView, or a trading journal. SS_Capitals_36 🕉🧿
---
Idea: Nifty 50 – Smart Money Structure (1H)
· Current Price: ~23,898 (+1.16%)
· Key Levels:
· Strong High: ~24,058
· Weak Low: ~23,000
· Structure:
· BOS (Break of Structure) to the upside confirmed earlier.
· CHoCH (Change of Character) near the bottom around 23,257, followed by a strong rally.
· Recently: Another CHoCH at ~23,558, now testing above the previous EQH (Equal High) around 23,939–23,970.
· Outlook:
· Sustaining above 23,900 could target the Strong High near 24,100.
· Failure to hold above 23,817 (EQH turned support) might see a retest of 23,639 or the Weak Low zone.
Trade setup:
· Bullish above 23,900, targeting 24,050–24,100.
· Stop below 23,800.
Let me know if you’d like this formatted for Twitter, TradingView, or a trading journal. SS_Capitals_36 🕉🧿
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.