Nifty 50 futures<\/h2>\n\n\n\nThe Weekly<\/em> Nifty 50 chart<\/h3>\n\n\n\n![\"Nifty](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/Nifty-50-Trading-Range-1-680x382.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n\n\n- General Discussion<\/strong>\n
\n- Traders who are in a long position can continue holding their positions until the market either reaches the top of the trading range or starts forming consecutive bear bars.<\/li>\n\n\n\n
- Traders who are not holding any position can wait for the market to reach the top of the trading range and then sell on a strong bear close.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Deeper into the price action<\/strong>\n
\n- As the market has reached the measured move target based on the breakout gap, many bulls exited their positions, resulting in a weak bull bar this week.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Patterns<\/strong>\n
\n- The market was trading in a bear channel before entering this trading range. In general, the chances of a successful bull breakout from a bear channel are around 75%.<\/li>\n\n\n\n
- Usually, in a trading range, traders follow the “buy low, sell high” strategy. One way to apply this is by following some simple rules.<\/li>\n\n\n\n
- One rule I follow is: once the market starts trading below the midpoint of the trading range, I begin building long positions every time there\u2019s a strong bull close. I use a similar strategy for exiting those long positions.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n
The Daily<\/em> Nifty 50 chart<\/h3>\n\n\n\n![\"Nifty](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/04\/Nifty-50-Breakout-Gap-Measured-Move-680x382.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n\n- General Discussion<\/strong>\n
\n- Many bulls who had entered during the bull micro channel have exited as the market reached the breakout gap measured move target.<\/li>\n\n\n\n
- Since the previous bull leg was very strong, bears should avoid selling on the first pullback. Instead, they can enter a short position on a strong bear close during the second leg down.<\/li>\n\n\n\n
- As the bull leg was strong, the chances of a second leg up are high. So, scalpers can enter a long position on a High-1 bar or place a buy limit order at the low of the most recent bar.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Deeper into price action<\/strong>\n
\n- This bull leg is very steep, and such steep moves usually do not sustain for long. If the market makes another high with a strong bull close after this spike up, then the chances of a spike and channel up are high.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Patterns<\/strong>\n
\n- The market was trading in a broad bear channel, but this recent bull spike has broken out of that channel.<\/li>\n\n\n\n
- The market is also forming an outside bar pattern. If the bears manage to get a bear breakout, traders can expect a measured move down based on the height of the outside bar.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n
Market analysis reports archive<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n\n
- \n
- General Discussion<\/strong>\n
- \n
- Traders who are in a long position can continue holding their positions until the market either reaches the top of the trading range or starts forming consecutive bear bars.<\/li>\n\n\n\n
- Traders who are not holding any position can wait for the market to reach the top of the trading range and then sell on a strong bear close.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Deeper into the price action<\/strong>\n
- \n
- As the market has reached the measured move target based on the breakout gap, many bulls exited their positions, resulting in a weak bull bar this week.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Patterns<\/strong>\n
- \n
- The market was trading in a bear channel before entering this trading range. In general, the chances of a successful bull breakout from a bear channel are around 75%.<\/li>\n\n\n\n
- Usually, in a trading range, traders follow the “buy low, sell high” strategy. One way to apply this is by following some simple rules.<\/li>\n\n\n\n
- One rule I follow is: once the market starts trading below the midpoint of the trading range, I begin building long positions every time there\u2019s a strong bull close. I use a similar strategy for exiting those long positions.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n
The Daily<\/em> Nifty 50 chart<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n- \n
- General Discussion<\/strong>\n
- \n
- Many bulls who had entered during the bull micro channel have exited as the market reached the breakout gap measured move target.<\/li>\n\n\n\n
- Since the previous bull leg was very strong, bears should avoid selling on the first pullback. Instead, they can enter a short position on a strong bear close during the second leg down.<\/li>\n\n\n\n
- As the bull leg was strong, the chances of a second leg up are high. So, scalpers can enter a long position on a High-1 bar or place a buy limit order at the low of the most recent bar.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Deeper into price action<\/strong>\n
- \n
- This bull leg is very steep, and such steep moves usually do not sustain for long. If the market makes another high with a strong bull close after this spike up, then the chances of a spike and channel up are high.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Patterns<\/strong>\n
- \n
- The market was trading in a broad bear channel, but this recent bull spike has broken out of that channel.<\/li>\n\n\n\n
- The market is also forming an outside bar pattern. If the bears manage to get a bear breakout, traders can expect a measured move down based on the height of the outside bar.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n
Market analysis reports archive<\/h3>\n\n\n\n
- General Discussion<\/strong>\n