Dt: 04-07-25

Nifty commentary

There was hardly any opportunity during the day, except may be the move after 2 pm. However, as not much time was left in the market, it was a bit difficult to gauge the move it made during the close. No trades taken.

Hourly

Price action suggests further ranging sessions in the next few days, before it drops to the tradeable zone of 25,260-25,300 area. There is no change in the structure yet, but the trend seems for a poise here.

15min

Price needs to sustain above 25,470 to be able to tag 25,600 once again. Else fall back to 25,300.

3 Min

Short position now doesn't offer good r:r. long bias if consolidates above 25,470 or rejection from 25,300.

#For education purpose only