Market Structure Research — Not Predictions

Independent, educational analysis using Elliott Wave structure, time-based corrections, and trend context across global markets.

Wednesday, 11 February 2026

NSE – NIFTY 750 | Mahindra & Mahindra Ltd | 11 Feb 2026

 

📊 Structural Overview

Structure assessed from earliest reliable data.

Long-term impulse-dominant structure observed.
Post-2020 expansion phase ongoing; no structural breakdown evident.

Price continues to operate within a secular uptrend framework, with higher highs and higher lows maintained on the monthly timeframe.


🧭 Structural Position

  • Pre-2003 accumulation and base formation

  • 2003–2008 impulsive expansion

  • 2008–2009 corrective reset

  • 2009 onward: sustained impulse-dominant advance

  • Post-2020: strong expansion leg

  • Current phase: higher-range consolidation within established impulse

No structural violation of long-term trend support visible.


🔍 Market Context

The broader structure suggests:

  • Long-term demand dominance

  • Cyclical corrections contained within trend

  • No regime-shift to distribution visible at this stage

Structure remains constructive unless major multi-year support zones are compromised.


⚠ Structural Note

This study is part of the NIFTY 750 – Structure Census project.
It is a structural assessment — not a buy/sell recommendation.


📌 Disclaimer (Standard – Locked)

This analysis is for educational and structural study purposes only.
It is not investment advice. Markets carry risk. Please conduct your own research before making financial decisions.


https://www.tradingview.com/chart/M_M/oR8EKf93-NSE-NIFTY-750-Mahindra-Mahindra-Ltd-11-Feb-2026/

#NIFTY750 #MahindraAndMahindra #MarketStructure #EquityStructure #IndianMarkets #StructuralAnalysis

NSE – NIFTY 750 | TATA POWER COMPANY LTD | 11 FEB 2026

 

Equity Structure

Structure assessed from earliest reliable data.

Range → Expansion → Regime-shift structure observed.

Tata Power transitioned from a prolonged cyclical compression phase (2008–2020) into a clear structural expansion post-2020. The breakout marked a regime shift from range-bound behavior to directional impulsive advance.

The 2020–2024 move represents a high-momentum expansion leg.


Current Phase

Post-expansion consolidation at higher levels.

Price is now compressing after a strong multi-year impulse.
This appears as a higher-range consolidation within the broader structural uptrend.

No structural damage observed as long as expansion base remains intact.


Structural Observations

  • Multi-year descending structure resolved post-2020

  • Strong expansion impulse into 2024 highs

  • Current behavior: digestion, not reversal

  • Higher-timeframe trend remains constructive


Structural Risk

Failure only if price breaks and sustains below the 2020–2021 expansion base.

Until then, structure remains continuation-oriented.


Disclaimer:
This analysis is part of the NIFTY 750 Structure Census and is for educational and structural study purposes only. It is not investment advice. Market participants should conduct their own research and risk assessment before making financial decisions.



https://www.tradingview.com/chart/TATAPOWER/9aVJ23tK-NSE-NIFTY-750-TATA-POWER-COMPANY-LTD-11-FEB-2026/

#NIFTY750 #StructureCensus #TataPower #EquityStructure #MarketStructure #LongTermStructure #EwavesJournal #IndianMarkets


NSE – NIFTY 750 | HINDUSTAN UNILEVER LTD | 11 FEB 2026

🔎 Overview

Monthly structural view of Hindustan Unilever Ltd as part of the NIFTY 750 – Structure Census.
This analysis focuses purely on long-term price behaviour and structural regime characteristics.


📊 Structure Position

Structure assessed from earliest reliable data.

Long-term impulse structure observed.

Post-2004 base → sustained secular advance.
2020 marked acceleration phase.
Recent years show structural maturity and higher-degree consolidation.


🌍 Market Context

FMCG defensive major.
Multi-year uptrend intact.
Currently consolidating at higher levels after an extended advance.

No structural damage observed on monthly timeframe.


📌 Key Structural Zones

  • Major structural support: Rising long-term trendline

  • Higher-range consolidation band: 2300–2700 region

  • Structural invalidation: Sustained breakdown below long-term rising base


🔄 Expected Behaviour

Higher-range consolidation within an established secular uptrend.

Not in early impulse stage.
Not in structural breakdown.
Currently in structural digestion phase.


⚠️ Invalidation / Risk View

Only long-term trendline violation on monthly closing basis alters structural posture.


🧭 Conclusion

HUL reflects a mature secular uptrend transitioning into higher-degree consolidation.
Structure remains constructive but not in early expansion phase.

This is a structural update, not a directional call.


Disclaimer:
This study is for educational and structural analysis purposes only. Not investment advice.



https://www.tradingview.com/chart/HINDUNILVR/6BJgmiDt-NSE-NIFTY-750-HINDUSTAN-UNILEVER-LTD-11-FEB-2026/

#NIFTY750 #EquityStructure #HUL #HindustanUnilever #FMCG #MarketStructure #LongTermInvesting #ElliottWave #StructuralAnalysis #IndianMarkets

NSE – NIFTY 750 | Tata Consultancy Services | 11 Feb 2026

Part of the NIFTY 750 Structure Census — Monthly structural study.


📌 Overview

This study examines the long-term structural evolution of TCS using monthly data from the earliest reliable records.

The objective is structural classification — not directional forecasting.


🧭 Structure Position

  • Impulse → multi-year consolidation → renewed impulse observed

  • Post-2009 structural regime shift established

  • 2013–2018 formed broad accumulation range

  • 2020 breakout initiated higher-degree expansion

  • Current structure interacting with long-term rising support


🧱 Market Context

TCS has demonstrated:

  • Secular advance characteristics

  • Stable impulsive continuation following consolidation phases

  • No structural breakdown of higher-timeframe trend


📍 Current Phase

Higher-degree consolidation within an established long-term uptrend.

Price currently interacting with structural support zone derived from the post-2009 trend base.


⚖ Structural Interpretation

The broader structure remains intact.
Current behaviour appears corrective within a dominant secular advance.

No confirmed regime shift to bearish structure at this time.


🔒 Disclaimer

This is a structural study based on price behaviour.
It is not a buy/sell recommendation.
For educational and structural context purposes only.



https://www.tradingview.com/chart/TCS/5KVk7qo0-NSE-NIFTY-750-TCS-11-Feb-2026/

#NIFTY750 #TCS #TataConsultancyServices #MarketStructure #EquityStructure #IndianMarkets #ITStocks #LongTermCharts #StructureCensus

NSE – NIFTY 750 | AXIS BANK | 11 FEB 2026

Part of the NIFTY 750 – Structure Census


Overview

Monthly structure view of Axis Bank as part of the ongoing NIFTY 750 Structure Census.
This analysis focuses purely on long-term structural behaviour and regime characteristics.


Structure Position

Structure assessed from earliest reliable data.

Range → regime-shift → sustained impulsive continuation observed.

The post-2009 transition marked a structural shift from range-bound behaviour to a sustained secular advance.

The 2020 correction acted as a structural reset within the broader uptrend rather than long-term damage.


Market Context

Axis Bank remains within an established higher-high, higher-low sequence on the monthly timeframe.

Price behaviour suggests continuation structure rather than exhaustion.


Current Phase

Higher-range consolidation within an established uptrend.

No confirmed structural breakdown.
No impulsive expansion underway at present.


Structural Summary

Long-term bias: Constructive
Immediate phase: Consolidation
Regime: Sustained uptrend


Disclaimer: This is a structural study for educational and archival purposes only. Not a buy/sell recommendation.



https://www.tradingview.com/chart/AXISBANK/Paipp2Py-NSE-NIFTY-750-AXIS-BANK-11-FEB-2026/

#NIFTY750 #AxisBank #BankingStocks #IndianMarkets #MarketStructure #StructuralAnalysis #LongTermView #EquityStructure #NSE #EwavesJournal


Tuesday, 10 February 2026

NIFTY 50 – 1H | Structural Range & Decision Zone

Overview

NIFTY continues to trade within a higher-degree consolidation, where the market is correcting more through time than price. Recent price action reflects hesitation and overlap, highlighting a range-bound environment rather than a directional trend.


Market Structure

Price is currently positioned within a decision zone (25800–25900), sitting just below a clearly defined supply zone (25930–26190). This region represents an acceptance vs rejection area, where reactions matter more than directional bias.

As long as price remains below the supply zone, upside moves should be viewed as corrective rallies, not impulsive breakouts.


Key Zones & Levels

  • Supply Zone: 25930 – 26190

  • Decision Zone: 25800 – 25900

  • Demand Zone: 25050 – 25300


Market Context

Momentum remains supportive but not impulsive. RSI is holding near the mid-to-upper range without sustained expansion, reinforcing the broader time-correction phase.

This behaviour is typical of markets preparing for resolution but not yet committing to trend.


Expected Behaviour

  • Rallies into supply may exhaust rather than extend

  • Overlapping candles and consolidation may continue

  • Directional clarity is expected only on acceptance, not on probes


Continuation Triggers

  • Trend confirmation only above: 26350 (with acceptance and follow-through)


Invalidation / Risk Levels

  • Structural breakdown below: 24670

A loss of the demand zone would reopen downside risk and invalidate the current consolidation framework.


Conclusion

NIFTY remains in a higher-degree time correction, where patience is essential. Until acceptance occurs beyond key structural levels, reactions should be prioritised over predictions.


Disclaimer:
This analysis is for educational and informational purposes only. It does not constitute investment advice, trading advice, or a recommendation to buy or sell any financial instrument. Markets involve risk. Please consult a qualified financial advisor before making any investment or trading decisions.


#NIFTY50 #NIFTY #IndianMarkets #MarketStructure

#SupplyDemand #PriceAction #TimeCorrection

#IndexAnalysis #TechnicalAnalysis

#MarketContext #RiskManagement


Monday, 9 February 2026

GIFT NIFTY 50 — Structural Decision Zone (1H)

 GIFT NIFTY has staged a sharp recovery from the lower structure but is now approaching a confluence resistance zone. The recent advance remains corrective in nature, and price is currently at a decision point where continuation or rejection will be determined by acceptance and holding levels, not momentum alone.


Structure Position

  • The entire move from the recent low is a recovery leg within a corrective environment

  • Price is testing:

    • Descending supply line from the spike high

    • Fibonacci retracement cluster

  • Internal price action remains overlapping, indicating range-to-resolution behavior


Key Zones & Levels

Immediate Resistance Zone

  • 25,950 – 26,300

    • Fibonacci 0.382 / 0.236 cluster

    • Prior supply memory

    • Upper boundary of corrective channel

Decision / Pivot Zone

  • 25,850 – 25,950

    • Acceptance above this zone is required for bullish continuation

Immediate Support (Critical Level)

  • 25,555

    • Structural higher-low

    • Origin of the current recovery leg

    • Channel validity level

Lower Structural Supports

  • 25,720 – 25,650 → minor reaction zone

  • 25,500 – 25,450 → structure softens

  • 24,750 → major structural floor (damage zone if revisited)


Expected Behaviour (Branching Logic)

Bullish Scenario (Conditional)

  • Valid only if price holds above 25,555

  • Pullbacks should remain shallow and corrective

  • Acceptance above 25,950 opens scope for higher retracement levels within the channel

  • Continuation depends on holding structure, not speed

Bearish Scenario

  • Rejection from resistance zone

  • Loss of 25,555 invalidates the bullish structure

  • Below 25,555 → recovery is confirmed corrective

  • Rotation back toward 0.5–0.618 retracement zone becomes the natural path


Invalidation & Risk Levels

  • Below 25,555 → Bullish scenario invalid

  • Channel structure fails below this level

  • Any downside below 25,500 increases probability of deeper corrective rotation


Conclusion

GIFT NIFTY is not in a confirmed trend.
It is currently resolving a corrective recovery into resistance.

25,555 is the structural line in the sand.
Above it → controlled continuation is possible.
Below it → rejection and range re-entry dominate.    



https://www.tradingview.com/chart/NIFTY1!/8q4dEbMg-GIFT-NIFTY-1H-Structural-Decision-Zone/

#GIFTNIFTY #NIFTY50 #MarketStructure #ElliottWave #PriceAction #IndexAnalysis #IndianMarkets #TradingView