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
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The entire move from the recent low is a recovery leg within a corrective environment
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Price is testing:
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Descending supply line from the spike high
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Fibonacci retracement cluster
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Internal price action remains overlapping, indicating range-to-resolution behavior
Key Zones & Levels
Immediate Resistance Zone
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25,950 – 26,300
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Fibonacci 0.382 / 0.236 cluster
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Prior supply memory
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Upper boundary of corrective channel
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Decision / Pivot Zone
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25,850 – 25,950
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Acceptance above this zone is required for bullish continuation
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Immediate Support (Critical Level)
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25,555
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Structural higher-low
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Origin of the current recovery leg
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Channel validity level
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Lower Structural Supports
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25,720 – 25,650 → minor reaction zone
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25,500 – 25,450 → structure softens
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24,750 → major structural floor (damage zone if revisited)
Expected Behaviour (Branching Logic)
Bullish Scenario (Conditional)
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Valid only if price holds above 25,555
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Pullbacks should remain shallow and corrective
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Acceptance above 25,950 opens scope for higher retracement levels within the channel
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Continuation depends on holding structure, not speed
Bearish Scenario
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Rejection from resistance zone
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Loss of 25,555 invalidates the bullish structure
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Below 25,555 → recovery is confirmed corrective
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Rotation back toward 0.5–0.618 retracement zone becomes the natural path
Invalidation & Risk Levels
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Below 25,555 → Bullish scenario invalid
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Channel structure fails below this level
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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

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