📊 Bank Nifty Market Structure Analysis
🔎 Higher Timeframe (4H)
Trend: Clear bearish structure with lower highs and lower lows.
Key Supply Zones:
56,300–56,400: Strong supply zone from previous OB rejection.
55,900–56,000: Minor supply created after last BOS.
Support Zone:
55,150–55,250: Major demand block aligned with liquidity sweep.
Price tapped into 55,300 zone today, showing minor bounce.
🔎 Mid Timeframe (1H)
Price rejected from the green demand zone around 55,300–55,400.
No strong BOS to the upside yet → indicates bounce may be corrective.
Liquidity remains uncollected below 55,150, increasing risk of further downside.
🔎 Lower Timeframe (15M)
Attempted bounce with small bullish candles.
Price consolidating inside the 55,300–55,500 band.
No strong follow-up volume from buyers → looks like a pause before next leg.
📌 Trade Plan for 6th August (Bank Nifty)
🎯 Bias: Bearish to Neutral
Until a confirmed BOS above 55,900, the trend remains bearish.
🔻 Short Setup
Entry Zone: 55,550–55,650 (retest of intraday supply).
Stop Loss: Above 55,700.
Targets:
T1: 55,200
T2: 55,000 (extension into liquidity zone).
🔼 Long Setup (Counter-Trend, Risky)
Only if price retests 55,150–55,200 and shows bullish reversal candle.
Entry: Near 55,200 demand zone.
Stop Loss: Below 55,100.
Targets:
T1: 55,550
T2: 55,850.
⚠️ No-Trade Zone
Between 55,350–55,500 (current consolidation band).
Avoid entering here → wait for breakout confirmation.
✅ Summary:
For tomorrow, best trade is short from supply zone near 55,600 for continuation to 55,200–55,000. Longs only if we see a strong reversal wick from 55,150.
🔎 Higher Timeframe (4H)
Trend: Clear bearish structure with lower highs and lower lows.
Key Supply Zones:
56,300–56,400: Strong supply zone from previous OB rejection.
55,900–56,000: Minor supply created after last BOS.
Support Zone:
55,150–55,250: Major demand block aligned with liquidity sweep.
Price tapped into 55,300 zone today, showing minor bounce.
🔎 Mid Timeframe (1H)
Price rejected from the green demand zone around 55,300–55,400.
No strong BOS to the upside yet → indicates bounce may be corrective.
Liquidity remains uncollected below 55,150, increasing risk of further downside.
🔎 Lower Timeframe (15M)
Attempted bounce with small bullish candles.
Price consolidating inside the 55,300–55,500 band.
No strong follow-up volume from buyers → looks like a pause before next leg.
📌 Trade Plan for 6th August (Bank Nifty)
🎯 Bias: Bearish to Neutral
Until a confirmed BOS above 55,900, the trend remains bearish.
🔻 Short Setup
Entry Zone: 55,550–55,650 (retest of intraday supply).
Stop Loss: Above 55,700.
Targets:
T1: 55,200
T2: 55,000 (extension into liquidity zone).
🔼 Long Setup (Counter-Trend, Risky)
Only if price retests 55,150–55,200 and shows bullish reversal candle.
Entry: Near 55,200 demand zone.
Stop Loss: Below 55,100.
Targets:
T1: 55,550
T2: 55,850.
⚠️ No-Trade Zone
Between 55,350–55,500 (current consolidation band).
Avoid entering here → wait for breakout confirmation.
✅ Summary:
For tomorrow, best trade is short from supply zone near 55,600 for continuation to 55,200–55,000. Longs only if we see a strong reversal wick from 55,150.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.