NIFTY ANALYSIS | THURSDAY, 25 JUNE 2026 |4H →1H→15-MIN→ 5-MIN TF# 📊 NIFTY ANALYSIS | THURSDAY, 25 JUNE 2026 | 4H → 1H → 15-MIN → 5-MIN TF 🔥
The index recovered sharply from 23 June’s sell-off and closed back above 24,000. Markets have apparently decided whiplash is a valid asset class.
## 🚨 TODAY’S MARKET DATA | 24 JUNE 2026
| Metric | Value |
| -------------- | -------------------: |
| Previous Close | 23,824.10 |
| Open | 23,795.80 |
| High | 24,090.05 |
| Low | 23,789.25 |
| Close | **24,021.65** |
| Change | **+197.55 (+0.83%)** |
| Day Range | 300.80 points |
## 🚨 FINAL VERDICT
### Market Bias
🟡 **Neutral to mildly bullish above 23,940**
🔴 **Bearish only below 23,900 on sustained acceptance**
NIFTY closed at **24,021.65**, recovering **197.55 points** after the previous session’s sharp decline. The index reclaimed the psychological **24,000** level but failed to hold near the day high of **24,090.05**, showing supply around **24,050 to 24,100**.
### Institutional Summary
* **Market Regime:** 🟡 Recovery bounce inside a broader volatile range
* **Control:** 🟢 Buyers above **23,940**
* **Immediate resistance:** **24,050 → 24,090 → 24,150**
* **Immediate support:** **23,975 → 23,940 → 23,900**
* **Trader action:** Wait for a 15-minute close outside the trigger range. Inside it, premium decay will perform its usual public service.
### Probability Matrix
* 🟢 **Bullish: 40%**
* 🟡 **Range-bound: 35%**
* 🔴 **Bearish: 25%**
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# 🟢 HIGH-PROBABILITY CE TRADE
## CE Setup: Breakout Above Recovery High
**Probability:** 40%
**Strategy:** Buy CE only after price accepts above the day-high supply zone.
* **Entry trigger:** 15-minute close above **24,090.05**
* **Confirmation:** 5-minute retest holds above **24,060**
* **Stop loss:** **24,000**
* **Target 1:** **24,120**
* **Target 2:** **24,168**
* **Target 3:** **24,220**
* **Invalidation:** 15-minute close back below **24,021.65**
### Fibonacci Confluence
Using 24 June range: High **24,090.05** and Low **23,789.25**
* **23.6%:** 23,860.25
* **38.2%:** 23,904.20
* **50.0%:** 23,939.65
* **61.8%:** 23,975.10
* **78.6%:** 24,025.65
### Institutional Logic
A sustained move above **24,090.05** confirms that buyers have absorbed the day-high supply. The key level is **24,025.65**, the 78.6% retracement. Holding above it keeps the recovery structure alive and opens room toward **24,120**, then **24,168**.
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# 🔴 HIGH-PROBABILITY PE TRADE
## PE Setup: Failed Recovery Below 23,975
**Probability:** 25%
**Strategy:** Buy PE only after the recovery loses its key Fibonacci support.
* **Entry trigger:** 15-minute close below **23,975**
* **Confirmation:** 5-minute failed retest below **23,990**
* **Stop loss:** **24,025.65**
* **Target 1:** **23,940**
* **Target 2:** **23,904**
* **Target 3:** **23,860**
* **Invalidation:** Sustained 15-minute reclaim above **24,025.65**
### Confirmation Required
✔ Lower high on 5-minute chart
✔ Rejection from VWAP or 20 EMA
✔ Breakdown candle with volume expansion
✔ RSI below 45
✔ No quick reclaim of 23,975
### Institutional Logic
The recovery remains valid only while NIFTY holds above **23,975**. A break below it would show that the move above 24,000 was merely short covering, not fresh buying. Then the index can revisit **23,940**, followed by **23,904**.
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# 📊 OPTION-CHAIN VIEW | 30 JUNE 2026 EXPIRY
## ATM Strike: **24,000**
The uploaded option chain shows the main expiry battlefield around **24,000**.
### Key Option Zones
* **Major call-side supply:** **24,000 → 24,100 → 24,200**
* **Immediate put-side support:** **23,900 → 23,800**
* **Strong downside support zone:** **23,700**
* **Pivot / pinning zone:** **24,000**
### Option-Chain Interpretation
* Above **24,100**, call writers may begin covering, supporting a move toward **24,200**.
* Below **23,900**, put-side support weakens and downside can expand toward **23,800**.
* Between **23,975 and 24,090**, expect choppy price action around the **24,000 ATM** strike.
OI changes can shift quickly after market open, because option writers are not known for leaving furniture where it was yesterday.
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# 📈 4H TIMEFRAME ANALYSIS
* **Trend:** Recovery from the June swing low remains visible.
* **Structure:** Price has bounced sharply from the 23,100 to 23,200 support region.
* **EMA position:** Price is above the broader moving-average support near **23,940**.
* **Momentum:** Improving, but resistance remains near **24,100 to 24,200**.
* **Interpretation:** Broader recovery is intact, but a sustained close above **24,090** is needed for fresh upside momentum.
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# 📉 1H TIMEFRAME ANALYSIS
* **Structure:** Strong rebound after the 23 June sell-off.
* **Resistance:** **24,025 → 24,090 → 24,150**
* **Support:** **23,975 → 23,940 → 23,900**
* **Momentum:** Mildly bullish while above **23,975**.
* **Interpretation:** A one-hour acceptance above **24,090** can extend the recovery. A close below **23,975** may trigger a retracement.
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# ⏱️ 15-MINUTE TRADE FRAMEWORK
## 🟢 Immediate Resistance
1. **24,025.65**
2. **24,050**
3. **24,090.05**
4. **24,120**
5. **24,168**
## 🔴 Immediate Support
1. **23,975.10**
2. **23,939.65**
3. **23,904.20**
4. **23,860.25**
5. **23,800**
## Intraday Trigger Zones
* **Bullish trigger:** 15-minute close above **24,090.05**
* **Bearish trigger:** 15-minute close below **23,975**
* **No-trade zone:** **23,975 to 24,090**
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# ⚡ 5-MINUTE EXECUTION PLAN
## For CE Buyers
* Wait for a 15-minute breakout above **24,090**
* Enter only after a 5-minute retest holds above **24,060**
* Book partial profit near **24,120**
* Trail remaining quantity toward **24,168**
* Avoid CE if price slips back below **24,025**
## For PE Buyers
* Wait for a 15-minute breakdown below **23,975**
* Enter only after a failed retest near **23,990**
* Book partial profit near **23,940**
* Trail remaining quantity toward **23,904**
* Avoid PE if price quickly reclaims **24,025**
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# 🧠 MARKET PSYCHOLOGY
**Retail behaviour:** Likely to chase calls after seeing NIFTY recover above 24,000, then panic if the index returns below 23,975.
**Institutional behaviour:** Likely to defend the 24,000 zone initially, while testing whether the recovery has genuine follow-through above 24,090.
**Current edge:** 🟢 Buyers above **23,975**. Sellers regain control below **23,900**.
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# 📌 TRADING DAY SCENARIOS
## Scenario 1: Bullish Continuation
**Probability:** 40%
**Trigger:** 15-minute close above **24,090.05**
**Targets:** **24,120 → 24,168 → 24,220**
## Scenario 2: Range-Bound Premium Decay
**Probability:** 35%
**Trigger:** Price remains between **23,975 and 24,090**
**Action:** Avoid aggressive directional option buying.
## Scenario 3: Bearish Pullback
**Probability:** 25%
**Trigger:** 15-minute close below **23,975**
**Targets:** **23,940 → 23,904 → 23,860**
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# 🚫 INVALIDATION LEVELS
* **Bullish thesis invalid below:** **23,975** on sustained 15-minute acceptance
* **Bearish thesis invalid above:** **24,090.05** on sustained 15-minute acceptance
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# 🔥 TRADER NOTE
For **25 June 2026**, the decisive range is:
## **23,975 to 24,090**
Above **24,090**, CE momentum can extend toward **24,120 and 24,168**.
Below **23,975**, PE momentum can target **23,940 and 23,904**.
The 30 June expiry keeps **24,000** as the central battleground. Trade the breakout or breakdown, not the middle of the range where option premiums quietly evaporate.
*Educational analysis only, not financial advice.*
#mfi #moneyflowindex #tradingsignals #stockmarketindia #technicalanalysis #priceaction #daytrading #swingtrading #optiontrading #nifty50 #banknifty #volumeanalysis #momentumtrading #tradingstrategy #marketstructure #candlestick #supportandresistance #traderlife #marketanalysis
Long
SENSEX WEEKLY EXP./Short range Level Analysis for 25th Jun 2026🔕 SGMN SplD BULLISH Above => 77250.
🔕 SGMN SplD Bearish BELOW => 76746.
Mentioned analysis based on 2 consecutive candle close in 15 min Time Frame.
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💥Level Interpretation / description:
✍🏻L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. Cfm=> Confirmation.
L#2: Possibility / Probability of REVERSAL near 🔕RL/TF1 & 🔔RL/TF2
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above.
L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias.
L#5: Possibility / Probability of REVERSAL near 🔕RL/TF1 & 🔔RL/TF2
HZB (Buy side) & HZS (Sell side) => Hurdle Zone,
✍🏻 *** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature)
Rest Plotted and Mentioned on Chart
Color code Used:
Green, BLUE =. Positive bias.
Safron, RED =. Negative bias.
RED in Between Green means Trend Finder / Momentum Change
/ CYCLE Change and Vice Versa.
Notice One thing: HOW LEVELS are Working.
Use any Momentum Indicator / Oscillator or as you "USED to" to Take entry.
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⚠️ DISCLAIMER:
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. I am not a SEBI-registered financial adviser.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
"🔔As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's".
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❇️ Follow notification about periodical View
💥 Do Comment for Stock WEEKLY Level Analysis.🚀
📊 Do you agree with this view?
✈️ HIT THE PLANE ICON if this technical observation resonates with you. It will Motivate me.
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💡 If You LOOKING any CHART & want for Level and ANALYZE?
Share your desired stock names in the comments below! I will try to analyze the chart Levels, patterns and share my technical view (so far my Knowledge).
If Viewers think It can identify meaningful setups. Looking forward to hearing from all of you — let's keep this discussion going and help each other make better trading decisions.
___________🔕^^^⚫⚪^🙏🏼🙏🏼🙏🏼^⚪⚫^^^🔔___________ Nifty Market outlook for tomorrow | 25 June 2026🔥 NIFTY at Make-or-Break Zone — Breakout ya Fake Move?
📊 NIFTY50 — 1H CHART ANALYSIS
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📍 CMP: 24,013
🔴 Resistance: 24,150 → 24,200
🟢 Support: 23,780 → 23,820
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🐂 Bull Case:
Break & hold above 24,200
→ Momentum continuation
→ Targets: 24,400 → 24,600 🚀
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🐻 Bear Case:
Break below 23,780
→ Support failure
→ Targets: 23,600 → 23,400 📉
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⚡ Key Level: 24,200
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Smart Money View:
Price stuck between liquidity zones
Repeated rejection near resistance
Breakout needed → otherwise range continues
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Strategy:
✔️ Buy only above 24,200 (confirmation)
✔️ Sell below 23,780 (breakdown)
❌ Avoid trades inside range
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Bias: Range-bound → Breakout awaited ⚖️
This zone decides next trend — patience > prediction. Short 
The Curse of 24000 and The Sinusoidal ConsolidationIt was June 2024 when the Nifty 50 NSE:NIFTY touched the level of 24000. It has been two years, and the level of 24000 is still the favourite level for Nifty 50. The index makes sinusoidal contraction and expansion around the level of 24000. It also proves that the Nifty 50 has been flat for the past two years.
Even over the past four months, the Nifty 50 has been stuck at 24000. Additionally, it is trading within the range of (24500 - 23500). It is a dreamy market for the non-directional traders. Unfortunately, technical analysis fails in the sideways and range-bound markets. There is also no evidence of trending swings. It leads to over-trading and short-term speculations. Maybe the sideways movement is the existing trend of the markets.
What to do in this Scenario?
PATIENCE is the key. Trade less with less quantity. Wait for setups. That's it.
Probable Scenario Analysis for the 25th of June, 2026. The day is Thursday.
🟢 Bullish Scenario
There is no confident bullish setup observable in the charts. A weak bullish move can be expected if the price starts to trade above the level of 24100. The probable target would be 24200. The price will experience strong resistance at the level of 24200. Next, if the price effectively trades above the level of 24200, then confident bullish trades can be executed. The probable bullish targets above the level of 24200 would be - 24300, 24400, and 24500.
🔴 Bearish Scenario
There is no confident bearish setup observable in the charts. A weak bearish move can be expected if the price starts to trade below the level of 23900. The probable target would be 23800. The price will experience strong support at the level of 23800. Next, if the price decisively trades below the level of 23800, then there will be sharp selling. The probable strong bearish targets below the level of 23800 would be - 23700 and 23600.
🟡 No Trading Zone (NTZ): (24100 - 23900).
Presently, the price is exactly trading in the NTZ. For weak bullish or bearish trade, we have to wait for a breakout or breakdown, respectively, from the NTZ.
⏺ Range of Consolidation (ROC): (24200 - 23800).
The price has been stagnant in the ROC for the past two weeks. The price is volatile within this range. Technically, there is no trend. Only a proper breakout or breakdown from the ROC would initiate a proper trend. Here, the level of 24000 is the median of the ROC. The median works like a sentiment. The price trading above the median would offer bullish sentiment, while the price trading below the median would trigger bearish sentiment.
● Event
On Thursday, there will be the SENSEX monthly expiry. Thus, Thursday will be a very critical day. Lastly, Friday is a national holiday (Muharram). We have only one trading day left. Thus, we can expect chaos, high uncertainty, and a major price anomaly. If possible, do not trade on chaotic days.
● Intraday Bias
Establish intraday bias with respect to the opening price. If the price sustains above the opening price, then don't think of shorting. Look for bullish trades only. On the contrary, if the price sustains below the opening price, then don't think of going long. Look for bearish trades in that case.
● Disclaimer + End Note
- All the analyses would fail in the case of a major gap up, gap down, or price structure anomaly. Thus, practice PRAGMATISM in the live session.
- Trade only if there is a set-up. Remember, not trading is an extension of the trading activity.
- Mark your points. Trade your points. Price is GOD. Anything can happen in the markets. Thus, trade what you see, not what you believe.
- Always PRACTICE RISK MANAGEMENT. Always PROTECT YOUR CAPITAL. Be RESPONSIBLE.
- Be Strategic. Be Courageous. Be Patient. Be Wise.
- Every day is a new day. Thus, do not carry the baggage of past successes or failures. Leave the gardens of winning and losing. Establish yourself in equanimity. Always think from a new perspective.
- Let the joy of trading drive your effectiveness, not greed or fear. Believe in Possibilities.
Happy Trading!
Why Volume Matters in Trading Why Volume Matters in Trading
Most beginners only look at price.
They see a green candle and think, “Buyers are strong.”
They see a red candle and think, “Sellers are strong.”
But price alone does not tell the full story.
To understand the real strength behind any move, you must also look at Volume.
Volume tells us how much participation is happening in the market.
In simple words:
Price shows direction. Volume shows strength.
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What Is Volume?
Volume shows how many shares or contracts were traded during a specific time.
If volume is high, it means many traders are active.
If volume is low, it means fewer traders are participating.
So whenever price moves up or down, volume helps us understand whether that move is strong or weak.
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Why Volume Is Important
A price move with strong volume is usually more reliable.
A price move with weak volume can easily fail.
For example:
If price breaks above resistance with high volume, it shows strong buying interest.
But if price breaks resistance with low volume, it may be a fake breakout.
That is why volume is useful for confirming trade setups.
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Volume and Breakouts
Breakouts are one of the best places to use volume.
A breakout happens when price moves above resistance or below support.
But not every breakout is real.
Strong Breakout
A strong breakout usually has:
✅ Price closing above resistance
✅ Big candle body
✅ Volume higher than average
✅ Price holding above breakout level
This shows buyers are serious.
Weak Breakout
A weak breakout usually has:
❌ Low volume
❌ Long wick
❌ No follow-through
❌ Price quickly comes back inside the range
This can trap beginner traders.
So before entering a breakout trade, always ask:
Is volume supporting this breakout?
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Volume and Support/Resistance
Volume becomes very useful near important support and resistance zones.
At Support
If price reaches support and volume increases with a strong rejection candle, it may show buyers are entering.
This means support may hold.
At Resistance
If price reaches resistance and volume increases with rejection, it may show sellers are active.
This means resistance may reject price.
But remember:
Volume alone is not enough.
Always check candle closing and price structure.
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Volume During Pullbacks
Pullbacks are normal in every trend.
But volume helps us understand whether the pullback is healthy or dangerous.
Healthy Pullback
A healthy pullback usually has:
✅ Low volume
✅ Small candles
✅ Price staying above support
✅ Trend still intact
This means the trend may continue.
Dangerous Pullback
A dangerous pullback usually has:
❌ High selling volume
❌ Big red candles
❌ Support breaking
❌ Weak recovery
This may show that the trend is losing strength.
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Simple Beginner Rule
Use this simple rule:
In an uptrend:
Price should rise with strong volume
Pullbacks should happen with low volume
In a downtrend:
Price should fall with strong volume
Bounce attempts should happen with low volume
This helps you understand who is stronger: buyers or sellers.
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Common Beginner Mistake
Many beginners think:
“High volume means buy.”
That is wrong.
High volume does not always mean bullish.
High volume near resistance can mean selling pressure.
High volume after a long rally can mean profit booking.
High volume during a breakdown can mean strong selling.
So always check where the volume is appearing.
Location matters.
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Best Way to Use Volume
Before taking a trade, ask yourself:
Is price near support or resistance?
Is volume high or low compared to average?
Is the candle closing strongly?
Is the breakout real or weak?
Is my stop loss clear?
If price, volume, and structure match together, the trade setup becomes stronger.
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Important
Volume is the market’s heartbeat.
Price tells you where the market is going.
Volume tells you whether traders are truly supporting that move.
A beginner who understands volume can avoid many fake breakouts, weak trades, and emotional entries.
Remember:
Never trust price alone. Always check the volume behind the move. 
Education
Education
Education
Technical AnalysisCore of Technical Analysis
Technical Analysis is the study of past price movements, volume, and market trends to predict future price direction.
3 Main Principles:
Market Discounts Everything
All news, emotions, and fundamentals are already reflected in price.
Prices Move in Trends
Markets usually move in uptrend, downtrend, or sideways trends.
History Repeats Itself
Human psychology creates repeating chart patterns.
Key Tools:
Charts (Candlestick, Line, Bar)
Support & Resistance
Trendlines
Indicators (RSI, MACD, Moving Averages)
Volume Analysis
Patterns (Head & Shoulders, Double Top, Triangle) Education
Nifty Intraday Outlook for 24-June-2026TradingView Ready Post
NIFTY Today’s Plan: Bears Still in Control Below 23,928
Nifty is currently trading in a clear bearish intraday structure on the 15-min chart.
After failing near the upper zone around 24,120–24,160, price has formed a sequence of:
Lower High → Lower Low → Pullback Rejection → Breakdown Continuation
The most important observation is that Nifty tried to recover but got rejected from the 23,900–23,928 supply zone. This confirms that sellers are still active on every bounce.
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Key Levels to Watch
Resistance Zones
23,864
Immediate resistance. Below this level, bears remain in control.
23,900–23,928
Strong supply zone. Any rejection from this zone can again attract sellers.
24,000–24,040
Major psychological resistance. Nifty needs to reclaim this zone for a meaningful recovery.
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Support Zones
23,786
Immediate support. Price is currently near this area, so fresh shorting at the low can be risky.
23,696
Next downside support if 23,786 breaks.
23,599
Major lower support if selling pressure continues.
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Today’s Trade Plan
Bearish Plan — Main Bias
The best approach is:
Sell on rise, not sell at the bottom.
If Nifty gives a pullback toward 23,864–23,928 and shows rejection, then a short setup can be considered.
Rejection signs to watch:
Long upper wick
Bearish engulfing candle
Failed breakout above 23,864
Rejection from 23,900–23,928 supply zone
Breakdown below previous 15-min candle low
Bearish Targets
23,786 → 23,696 → 23,599
Stop-Loss Idea
For aggressive short trades: above 23,900
For safer supply-zone shorts: above 23,940
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Breakdown Plan
If Nifty breaks and sustains below 23,786, avoid chasing the first red candle.
Better setup:
Wait for a retest of 23,786–23,800 from below.
If price rejects this zone, then downside can open toward:
23,730 → 23,696 → 23,650 → 23,599
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Bullish Plan
Bullish trades should be taken only after confirmation.
A small recovery can start only if Nifty reclaims 23,864.
But a better bullish setup will come only if Nifty sustains above:
23,928
Above 23,928, upside can open toward:
24,000 → 24,040 → 24,080
A real intraday structure change will happen only above 24,000–24,040.
Until then, every bounce should be treated as a pullback inside a bearish structure.
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No-Trade Zone
The zone between 23,786 and 23,864 can be choppy.
Avoid random entries inside this range. Wait for either:
Pullback rejection near resistance
or
Breakdown-retest below support
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Final View
Below 23,864: Bears remain in control
Below 23,786: Fresh downside continuation possible
Above 23,928: Recovery attempt possible
Above 24,000: Structure starts improving
Today’s cleanest strategy is simple:
Wait. Let Nifty come to your level. Trade the rejection or breakout, not the emotion.
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This is an educational view, not a buy/sell recommendation. Always manage risk and follow your own trading plan. NIFTY 50 Chart AnalysisCurrent Price: ~24,013
The chart shows a range-bound market with two major zones marked:
🔵 Resistance / Supply Zone
Zone: 24,150 – 24,200
Strong selling area.
Green arrow indicates potential upside target if buyers gain control.
🔵 Support / Demand Zone
Zone: 23,825 – 23,875
Strong buying area.
Red arrow indicates possible downside target if sellers dominate.
Bullish Setup (BUY)
✅ Entry:
Wait for a 5-minute candle close above 24,080
Volume should increase.
🎯 Targets:
24,150
24,175
24,200 (Supply Zone)
🛑 Stop Loss:
Below 24,000
Nifty CE Option
Buy ATM CE after breakout confirmation.
Bearish Setup (SELL)
✅ Entry:
If price breaks 24,000 and closes below it on a 5-minute candle.
🎯 Targets:
23,950
23,900
23,850 (Demand Zone)
🛑 Stop Loss:
Above 24,040
Nifty PE Option
Buy ATM PE after breakdown confirmation.
What the Chart is Saying Right Now
Market made a higher move from morning lows.
Near 3 PM, sellers entered and pushed price back.
Price is now sitting close to 24,000 support.
Tomorrow's opening around 24,000 will be important.
Probability
📈 Above 24,080 → Bullish toward 24,150–24,200
📉 Below 24,000 → Bearish toward 23,850
Trading Plan for Tomorrow
Condition Action
Above 24,080 Buy CE
Below 24,000 Buy PE
Between 24,000-24,080 No Trade / Wait NIFTY 50: Rejection from Resistance, Bear Flag Developing# NIFTY 50: Rejection from Monthly Resistance, Bear Flag Developing Below Trendline
**Timeframe:** 4H
**Date:** 24 June 2026
NIFTY continues to trade under a major confluence zone where the long-term descending trendline intersects with a strong monthly resistance area. After multiple attempts to push higher, price has once again faced rejection from the supply zone and is now consolidating near a critical support cluster.
### Market Structure
The recent rally into the **24,150 - 24,250 Monthly Resistance Zone** was met with aggressive selling pressure, resulting in a sharp rejection from both the horizontal resistance and the descending trendline.
Price is currently testing a short-term demand area while trading below the newly formed bearish trendline, suggesting that bulls are losing momentum in the near term.
### Key Technical Observations
🔹 Multiple rejections from the Monthly Strong Resistance zone.
🔹 Price remains below the primary descending trendline, keeping the broader bearish structure intact.
🔹 A lower high has formed after the recent rejection, creating a potential bearish continuation setup.
🔹 The highlighted support zone around **23,800 - 23,900** is currently acting as the last defense for buyers.
🔹 Breakdown below this support area could trigger a move toward lower liquidity pools.
### Bearish Scenario
As long as NIFTY remains below the descending resistance structure, sellers maintain the advantage.
A decisive break below the current support zone may open the path toward:
🎯 **23,650 - Weekly Support Area**
🎯 **23,400 - Key Liquidity Zone**
🎯 **23,000 - 23,100 Monthly Strong Support**
The bearish structure remains valid while price continues to respect the trendline resistance.
### Bullish Scenario
For buyers to regain control:
✔ Price must hold the current demand zone.
✔ Break and close above the short-term bearish trendline.
✔ Reclaim the Monthly Resistance zone near 24,150.
A successful breakout above this confluence area could invalidate the bearish setup and trigger a move toward higher highs.
### Important Levels
**Major Resistance:** 24,150 - 24,250
**Immediate Resistance:** 24,050 - 24,100
**Current Support Zone:** 23,800 - 23,900
**Weekly Support:** 23,650
**Major Monthly Support:** 23,000 - 23,100
### Trading Outlook
The market is currently at an important decision point. Price is trapped between a major higher-timeframe resistance and a critical support zone. The next breakout from this compression could determine the directional move for the coming sessions.
Until buyers reclaim the resistance zone, rallies may continue to be viewed as selling opportunities, while a break below support would strengthen the probability of a deeper correction toward weekly and monthly support levels.
**Bias:** Bearish below 24,150 | Bullish only above confirmed breakout of Monthly Resistance
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### Disclaimer
This analysis is shared for educational purposes only and reflects my personal interpretation of price action and market structure. It is not financial, investment, or trading advice. Markets involve substantial risk, and past performance does not guarantee future results. Always conduct your own research and use proper risk management before taking any trade. I am not a SEBI-registered investment advisor. All levels and scenarios discussed are for learning and discussion purposes only.
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