{"id":228463,"date":"2025-01-25T07:00:00","date_gmt":"2025-01-25T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=228463"},"modified":"2025-01-24T21:26:29","modified_gmt":"2025-01-25T05:26:29","slug":"nifty-50-outside-bar-on-weekly-2","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/nifty-50-outside-bar-on-weekly-2\/","title":{"rendered":"Nifty 50 Outside Bar"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Nifty 50 Futures<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.investing.com\/indices\/india-50-futures\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Nifty 50<\/strong><\/a> Outside Bar on the weekly chart. This week, the market formed another bear bar with a small body, covering the previous week\u2019s doji bar. It is currently trading within a wedge pattern and is approaching a breakout. A strong close with follow-through on either side could lead to a successful breakout. On the daily chart, the market is trading inside a bear channel, and trading range price action has been increasing over the past two weeks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Nifty 50 futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> Nifty 50 chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Outside-Bar.png\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Outside-Bar-680x383.png\" alt=\"Nifty 50 Outside Bar\" class=\"wp-image-228531\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Outside-Bar-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Outside-Bar-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Outside-Bar-768x432.png 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Outside-Bar-1536x864.png 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Outside-Bar-2048x1152.png 2048w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<ul class=\"wp-block-list\">\n<li><strong>General Discussion<\/strong>\n<ul class=\"wp-block-list\">\n<li>Traders who are in a short position can continue holding their position until the market shows a strong bull breakout with a follow-through of the wedge.<\/li>\n\n\n\n<li>Traders who are in a long position should continue holding their trades, as the chances of a successful bear breakout at the wedge bottom are low.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Deeper into Price Action<\/strong>\n<ul class=\"wp-block-list\">\n<li>The market has increasingly started forming patterns such as inside bars, outside bars, and large bear bars without follow-through bars. These patterns are signs of a trading range.<\/li>\n\n\n\n<li>The bears&#8217; reversal attempt was strong compared to the previous bull trend, indicating that there is still potential for a reversal.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Patterns<\/strong>\n<ul class=\"wp-block-list\">\n<li>The market has been trading inside a wedge, with the chances of a successful bear breakout at the wedge bottom estimated at around 25%. Therefore, traders planning to sell the breakout should at least aim for a 1:4 risk-to-reward ratio.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> Nifty 50 chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Bear-Channel-2.png\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Bear-Channel-2-680x383.png\" alt=\"Nifty 50 Bear Channel\" class=\"wp-image-228528\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Bear-Channel-2-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Bear-Channel-2-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Bear-Channel-2-768x432.png 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Bear-Channel-2-1536x864.png 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Bear-Channel-2-2048x1152.png 2048w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>General Discussion<\/strong>\n<ul class=\"wp-block-list\">\n<li>Traders who shorted the failed bull breakout of the head and shoulders pattern can exit their trades on a strong bull close, as the market could enter a trading range.<\/li>\n\n\n\n<li>Since the market is trading within a broad bear channel, bulls can consider buying on a strong bull close.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Deeper into Price Action<\/strong>\n<ul class=\"wp-block-list\">\n<li>Over the past several days, the bears have managed to achieve multiple bear closes, but almost none have resulted in a strong follow-through bar.<\/li>\n\n\n\n<li>With increasing trading range price action, traders can consider betting against a bear breakout if the bears fail to achieve a strong follow-through after the breakout.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Patterns<\/strong>\n<ul class=\"wp-block-list\">\n<li>If the bears manage to achieve a strong bear breakout with a follow-through bar, traders who shorted the market can aim for a measured move down, based on the height of the bear channel.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: Nifty 50 Futures Nifty 50 Outside Bar on the weekly chart. This week, the market formed another bear bar with a small body, covering the previous week\u2019s doji bar. It is currently trading within a wedge pattern and is approaching a breakout. A strong close with follow-through on either side could lead to [&hellip;]<\/p>\n","protected":false},"author":12159,"featured_media":228531,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[136,1851],"tags":[1852],"class_list":{"0":"post-228463","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysis","8":"category-nifty-50","9":"tag-nifty-50","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/01\/Nifty-50-Outside-Bar.png","author_info":{"display_name":"Rishi","author_link":"https:\/\/www.brookstradingcourse.com\/es\/author\/rishi\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/228463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/users\/12159"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/comments?post=228463"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/posts\/228463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media\/228531"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/media?parent=228463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/categories?post=228463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/es\/wp-json\/wp\/v2\/tags?post=228463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}