Nifty Structure Analysis and Trade Plan: 16th September

4-Hour Chart:

Trend Context: The market has been in a strong uptrend, but recent action shows consolidation. Price is nearing a significant overhead resistance.

Key Resistance: The zone around 25,150 - 25,250 has been a strong area of selling pressure.

Key Support: The area between 25,000 - 25,070 is crucial. This was previously resistance broken to the upside and is now being tested as support, also coinciding with the lower boundary of an ascending channel.

Observation: Price is consolidating within this range, indicating a potential decision point.

1-Hour Chart:

Intraday Structure: The 1-hour chart confirms the sideways consolidation. Bullish momentum appears to be waning as price struggles to push higher.

EMA (20): Currently hovering around 25,051, acting as a dynamic intraday pivot. Price has recently been trading around or below it.

Liquidity: Expect buy-side liquidity above the resistance zone (25,150 - 25,250) and sell-side liquidity below the support zone (25,000).

Summary of Key Dynamics:

Nifty is at a critical juncture, squeezed between strong resistance and a support zone that also forms the lower edge of an ascending channel. The coming session will likely dictate the short-term direction.

Trade Plan - Nifty 50 (16th September 2025)

Bullish Scenario:

Entry Triggers:

A confirmed hold and bounce from the 25,000 - 25,070 support zone, showing bullish strength.
A decisive, sustained break and close above 25,150.

Target Levels:

25,100 (immediate target on bounce)
25,150 - 25,250 (major resistance zone)
25,300+ (potential extension if resistance breaks cleanly)
Stop Loss:

For entries around support: Below 25,000.

For breakout entries: Below 25,100 or the low of the breakout candle.

Bearish Scenario:

Entry Triggers:

A clear breakdown and sustained trade below the 25,000 - 25,070 support and the ascending channel.

A strong bearish rejection at the 25,150 - 25,250 resistance zone.
Target Levels:
24,950 (psychological level)
24,900 (previous key support)
24,800 - 24,850 (lower demand zone)

Stop Loss:

For breakdown entries: Above 25,050 or the recent high formed before the breakdown.

For rejection entries: Above the high of the bearish rejection candle at resistance.

🎯 Bias for 16th September 2025

Neutral to Cautiously Bearish in the Short Term. The market is consolidating at a key resistance. A breakdown below 25,000 would signal immediate weakness.

Conversely, a firm break and hold above 25,150 would rekindle bullish sentiment. The reaction at the 25,000 - 25,070 support will be the primary determinant of intraday direction.