NIFTY – Structural Update (Daily)

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NIFTY remains in a bullish higher-timeframe structure and is currently in corrective consolidation near the highs.

This view is based on daily structure.
Intraday spikes and dips are not treated as structural signals and are considered part of the ongoing consolidation.

Key Levels
  • Resistance: 26,200–26,300
  • Support: 24,300–24,350
  • Structural risk below: 21,740


Continuation: Daily close above 26,300
Invalidation: Daily close below 24,300

Until structure resolves, expect range-bound, volatile price action.

Educational view only. Not a trade recommendation.

#NIFTY #MarketStructure #TechnicalAnalysis #PriceAction #TrendAnalysis #EwavesJournal

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