The 1-hour time frame chart of NIFTY 50 highlights a clear structure of range-bound movement with defined support and resistance zones. Price action over the last few sessions indicates increasing volatility, making level-based trading extremely important for intraday and short-term traders.
Chart Structure Overview (1H Time Frame)
On the hourly chart, NIFTY is currently trading within a well-defined range, with repeated rejections from the upper levels and strong buying interest near lower support zones.
The market is not trending strongly in one direction, indicating a wait-and-watch approach by participants.
Key Resistance Levels
The following resistance zones are clearly visible on the 1-hour chart:
- 26,141 – 26,160: Immediate supply zone
- 26,230 – 26,320: Major resistance area
Sustaining above 26,230 on an hourly closing basis may trigger:
- Short covering
- Fresh bullish momentum
- Extension towards higher levels
Until then, these zones may continue to act as selling pressure areas.
Key Support Levels
Important support zones to watch:
- 25,880 – 25,900: Strong intraday base
- 25,826: Gap support & critical demand zone
The chart clearly shows that bulls start getting weaker only if NIFTY sustains below 25,826. A breakdown below this level could invite:
- Fresh selling
- Increase in downside momentum
- Shift in intraday trend to bearish
Trading Range Insight
As per the 1-hour structure:
- NIFTY is currently moving inside a broad trading range
- Breakouts or breakdowns need hourly closing confirmation
- False moves are likely near range boundaries
This is a classic range-bound market, where patience and level-based entries work better than aggressive directional trades.
Trading Strategy Based on 1H Chart
- Buy near support with strict stop-loss
- Book profits near resistance zones
- Avoid chasing price in the middle of the range
- Trade only after hourly candle confirmation
Risk management is crucial as volatility remains high.
Final View
The NIFTY 1-hour chart suggests a neutral-to-range-bound bias with clearly defined levels. As long as the index holds above 25,826, bulls have a chance to regain strength. A decisive breakout above 26,230 may bring momentum, while a breakdown below support can change the trend quickly.
Traders should stay disciplined, respect levels, and avoid emotional trading.
Disclaimer
This analysis is for educational purposes only. It is not financial or investment advice. Please consult a certified financial advisor before trading.
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