Structure Overview
NIFTY continues to trade within a Category C corrective recovery structure.
The preceding decline was impulsive.
The current advance remains overlapping and rotational.
No structural breakout has been confirmed.
Current Structural Position
Price is compressing beneath a descending supply line while holding above internal support.
The market is positioned inside a defined decision range:
-
26,050 – Breakout Trigger
-
25,450 – Breakdown Trigger
-
24,800 – Structural Support
Behavioral Characteristics
The structure currently exhibits:
-
Overlapping internal waves
-
Rotational price swings
-
Reduced expansion momentum
-
Compression toward a decision point
This is corrective behavior, not trend continuation.
Decision Framework
Above 26,050 (Hourly Acceptance)
Opens path toward 26,200 – 26,350
Suggests short-term strength
May transition structure out of Category C
Below 25,450 (Hourly Acceptance)
Restores broader weakness
Opens 25,200 – 24,800
Between 25,450 – 26,050
Whipsaw risk elevated
No structural edge
Structural Conclusion
There is no major structural shift at this stage.
Compression is tightening.
A directional decision is approaching.
Until acceptance beyond key levels occurs,
NIFTY remains in a rotational corrective phase.
Patience > Prediction.
Disclaimer
This analysis is for educational and informational purposes only. It does not constitute investment advice. Markets involve risk. Participants should apply independent judgment and proper risk management.
#NIFTY #Nifty50 #IndianMarkets #MarketStructure #ElliottWave #CategoryC #TechnicalAnalysis #IndexAnalysis #RotationalMarket #EwavesJournal
https://www.tradingview.com/chart/NIFTY/eKvvP7tu-NSE-NIFTY-50-Category-C-Rotational-Recovery-19-Feb-2026/
No comments :
Post a Comment
Thanks for your Comment.
Arockia.