Top-Down Nifty 50 Price Structure Analysis for 04th December 2025. The day is Thursday.
(1) Monthly Time Frame:
The candle is red. The month is inside the previous month. It is an inside candle. Very strong resistance is at levels (26300 - 26150). Major support is formed in the zone (25900 - 25850). The view is indecisive.
(2) Weekly Time Frame:
A strong red candle is formed with minor buying. For 3 consecutive weeks, the price has been trading in the range of (26300 - 25850). It seems that, price is consolidating in a 300-point range. The immediate strong resistance zone is (26150 - 26100). Immediate strong support zone is (25900 - 25850). Price trading inside these two support and resistance zones is the no-trading zone (NTZ). Need a very good risk management effort to trade in the NTZ. The view is indecisive.
(3) Daily Time Frame:
Back-2-back 5 red days. Back-2-back 3 days downtrend. Down downtrend is still on. There is weakness in the market. Also, price is only 400 points away from the all-time high (26300). Today's candle is a red long-legged doji. Price settled near a major psychological level, 26000. It seems both the buyers and sellers are fighting hard for existence. Yet taking into consideration the trend, the sentiment is still bearish. However, the institutional bias (slope of 10 EMA and 35 EMA) is bullish to indecisive. The major resistance zone is at (26150 - 26100). The major support zone is 25900 - 25850. The present condition is indecisive.
(4) 30-Minute Time Frame:
As per the current market structure, the price has been in a complex correction since 12th November 2025. There is both sideways and sharp prise-wise correction. It is evident that both sides' price impulses are sharp. Probably, the price is in a major consolidation zone. The zone of (25900 - 25850) still holds as a major support zone. It will be risky to short until the price breaches 25900 and shows the promise of breaking down 25850. Only then can we take a short position with confidence. On the other hand, the zone of (26150 - 26100) acts as a major resistance zone. Also, there is no evidence of a bullish price structure of higher highs and higher lows. Thus, the view is indecisive.
Events:
SENSEX weekly expiry on Thursday. No other high-impact events on Thursday. But the RBI interest rate decision is on the day after (Friday). So, it seems like the market will be indecisive.
Bullish Scenario Set-Up:
(i) Price sustains above the opening price.
(ii) Price decisively breaks out of the zone (26150 - 26100).
Bearish Scenario Set-Up:
(i) Price sustains below the opening price.
(ii) Price decisively breaks down the zone (25900 - 25850).
No Trading Zone (NTZ): (26150 - 26100) to (25900 - 25850).
Expectations (Hypothesis and insights from the trade planning):
(i) The market is highly indecisive.
(ii) The market is not for directional trades rather for the non-directional traders.
(iii) Take bullish trades only when the price breaks out of the zone (26150 - 26100).
(iv) Take bearish trades only when the price breaks down of the zone (25900 - 25850).
(v) If conditions are not met, then don't trade. A high-impact event is near.
(vi) Don't waste your resources when markets are indecisive.
NOTE:
"Mark your points. Trade your points. Price is God. Anything can happen. Therefore, trade what you see, not what you believe."
Happy Trading!
(1) Monthly Time Frame:
The candle is red. The month is inside the previous month. It is an inside candle. Very strong resistance is at levels (26300 - 26150). Major support is formed in the zone (25900 - 25850). The view is indecisive.
(2) Weekly Time Frame:
A strong red candle is formed with minor buying. For 3 consecutive weeks, the price has been trading in the range of (26300 - 25850). It seems that, price is consolidating in a 300-point range. The immediate strong resistance zone is (26150 - 26100). Immediate strong support zone is (25900 - 25850). Price trading inside these two support and resistance zones is the no-trading zone (NTZ). Need a very good risk management effort to trade in the NTZ. The view is indecisive.
(3) Daily Time Frame:
Back-2-back 5 red days. Back-2-back 3 days downtrend. Down downtrend is still on. There is weakness in the market. Also, price is only 400 points away from the all-time high (26300). Today's candle is a red long-legged doji. Price settled near a major psychological level, 26000. It seems both the buyers and sellers are fighting hard for existence. Yet taking into consideration the trend, the sentiment is still bearish. However, the institutional bias (slope of 10 EMA and 35 EMA) is bullish to indecisive. The major resistance zone is at (26150 - 26100). The major support zone is 25900 - 25850. The present condition is indecisive.
(4) 30-Minute Time Frame:
As per the current market structure, the price has been in a complex correction since 12th November 2025. There is both sideways and sharp prise-wise correction. It is evident that both sides' price impulses are sharp. Probably, the price is in a major consolidation zone. The zone of (25900 - 25850) still holds as a major support zone. It will be risky to short until the price breaches 25900 and shows the promise of breaking down 25850. Only then can we take a short position with confidence. On the other hand, the zone of (26150 - 26100) acts as a major resistance zone. Also, there is no evidence of a bullish price structure of higher highs and higher lows. Thus, the view is indecisive.
Events:
SENSEX weekly expiry on Thursday. No other high-impact events on Thursday. But the RBI interest rate decision is on the day after (Friday). So, it seems like the market will be indecisive.
Bullish Scenario Set-Up:
(i) Price sustains above the opening price.
(ii) Price decisively breaks out of the zone (26150 - 26100).
Bearish Scenario Set-Up:
(i) Price sustains below the opening price.
(ii) Price decisively breaks down the zone (25900 - 25850).
No Trading Zone (NTZ): (26150 - 26100) to (25900 - 25850).
Expectations (Hypothesis and insights from the trade planning):
(i) The market is highly indecisive.
(ii) The market is not for directional trades rather for the non-directional traders.
(iii) Take bullish trades only when the price breaks out of the zone (26150 - 26100).
(iv) Take bearish trades only when the price breaks down of the zone (25900 - 25850).
(v) If conditions are not met, then don't trade. A high-impact event is near.
(vi) Don't waste your resources when markets are indecisive.
NOTE:
"Mark your points. Trade your points. Price is God. Anything can happen. Therefore, trade what you see, not what you believe."
Happy Trading!
บันทึก
It is 10:11 AM(1) Price is sustaining above the opening price. So, no shorting scenario. A bullish scenario is building.
(2) However, the price is still inside the previous day.
(3) The first sign of clear bullishness will be observed when the price starts to form a higher highs and lower lows structure above the level 26050.
(4) The first sign of clear bearishness will be observed when the price starts to form a lower lows and lower highs structure below the level 25900.
(5) Presently, a bullish scenario is under construction.
(6) Our trading plan for the no-trading zone is still intact. That is,
- Take bullish trades only when the price breaks out of the zone (26150 - 26100).
- Take bearish trades only when the price breaks down of the zone (25900 - 25850).
(7) SENSEX expiry and high-impact events are near.
(8) It is a wait-and-watch market.
(9) Patiently observe the market. Enjoy price movement and formation of price structure.
(10) Don't waste your resources when markets are indecisive.
บันทึก
It is 10:30(1) Price gave a beautiful breakout above 26050.
(2) Presently, level 26000 is a major support zone.
(3) Bullish set-up is under construction.
(4) Our trading plan for the no-trading zone is still intact. That is,
- Take bullish trades only when the price breaks out of the zone (26150 - 26100).
- Take bearish trades only when the price breaks down of the zone (25900 - 25850).
บันทึก
It is 11:45 AM(1) Price reversed from the 26100 level. It is a clear sign of super choppiness.
(2) Price is grinding around the level 26000.
(3) Volatility reason: SENSEX Weekly expiry + High-impact event is near.
Our trade plan is still intact as everything is happening in the region, and according to the trading (or non-trading).
Re-writing the plan as anything can happen. Price is everything. Trade what you see.
Trade levels still intact:
(1) The first sign of clear bullishness will be observed when the price starts to form a higher highs and lower lows structure above the level 26050.
--> Take bullish trades only when the price breaks out of the zone (26150 - 26100).
(2) The first sign of clear bearishness will be observed when the price starts to form a lower lows and lower highs structure below the level 25900.
--> Take bearish trades only when the price breaks down of the zone (25900 - 25850).
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน