Nifty 50 futures<\/h2>\n\n\n\nThe Monthly<\/em> Nifty 50 chart<\/h3>\n\n\n\n![\"Nifty](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Nifty-50-Big-Up-Big-Down-680x382.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n\n- General Discussion<\/strong>\n
\n- Traders holding long positions can continue to hold, as the bull leg is very strong. Exiting before a strong bear bar or consecutive bear bars would not be prudent.<\/li>\n\n\n\n
- Traders who believe a trading range or triangle is likely should wait to sell until the market gives a strong bear close.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Deeper into the Price Action<\/strong>\n
\n- The market has formed a V-shaped pattern (a big up and big down move), which usually leads to a trading range.<\/li>\n\n\n\n
- Since the chances of either a successful bull breakout of the all-time high or a trading range are equally high, traders should wait for clear signs from the market.<\/li>\n\n\n\n
- If the market starts forming small-bodied bars with weak follow-through, traders can begin treating it like a trading range. Otherwise, they can enter on a bull breakout and hold for swings.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Patterns<\/strong>\n
\n- The market is trading within a possible triangle pattern. If it breaks out strongly on the upside with follow-through, the chances of reaching a measured move equal to the height of the bull leg will increase.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n
The Weekly<\/em> Nifty 50 chart<\/h3>\n\n\n\n![\"Nifty](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/07\/Nifty-50-All-Time-High-680x382.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- General Discussion<\/strong>\n
\n- Traders holding a long position should continue to hold, as the market is trading inside a strong bull channel.<\/li>\n\n\n\n
- Since the bull channel is tight, bears should only enter near the highs of the bars using limit orders, instead of using stop orders at the lows of the bars.<\/li>\n\n\n\n
- Traders not in any position may wait for the market to approach the bottom of the channel again to enter a long position.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Deeper into Price Action<\/strong>\n
\n- The market is approaching the all-time high, which suggests that trading range price action will soon increase on the weekly chart.<\/li>\n\n\n\n
- The market typically begins to show trading range behavior when it reaches key levels such as big round numbers, all-time highs or lows, or major support or resistance levels.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Patterns<\/strong>\n
\n- Often, if the bulls achieve a successful breakout from a bull channel, the probability of a measured move up based on the height of the channel is high.<\/li>\n\n\n\n
- However, in this case, the target might not be achieved immediately, as the bull channel is positioned just below the all-time high.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n
\n
- \n
- General Discussion<\/strong>\n
- \n
- Traders holding long positions can continue to hold, as the bull leg is very strong. Exiting before a strong bear bar or consecutive bear bars would not be prudent.<\/li>\n\n\n\n
- Traders who believe a trading range or triangle is likely should wait to sell until the market gives a strong bear close.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Deeper into the Price Action<\/strong>\n
- \n
- The market has formed a V-shaped pattern (a big up and big down move), which usually leads to a trading range.<\/li>\n\n\n\n
- Since the chances of either a successful bull breakout of the all-time high or a trading range are equally high, traders should wait for clear signs from the market.<\/li>\n\n\n\n
- If the market starts forming small-bodied bars with weak follow-through, traders can begin treating it like a trading range. Otherwise, they can enter on a bull breakout and hold for swings.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Patterns<\/strong>\n
- \n
- The market is trading within a possible triangle pattern. If it breaks out strongly on the upside with follow-through, the chances of reaching a measured move equal to the height of the bull leg will increase.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n
The Weekly<\/em> Nifty 50 chart<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n- \n
- General Discussion<\/strong>\n
- \n
- Traders holding a long position should continue to hold, as the market is trading inside a strong bull channel.<\/li>\n\n\n\n
- Since the bull channel is tight, bears should only enter near the highs of the bars using limit orders, instead of using stop orders at the lows of the bars.<\/li>\n\n\n\n
- Traders not in any position may wait for the market to approach the bottom of the channel again to enter a long position.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Deeper into Price Action<\/strong>\n
- \n
- The market is approaching the all-time high, which suggests that trading range price action will soon increase on the weekly chart.<\/li>\n\n\n\n
- The market typically begins to show trading range behavior when it reaches key levels such as big round numbers, all-time highs or lows, or major support or resistance levels.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
- Patterns<\/strong>\n
- \n
- Often, if the bulls achieve a successful breakout from a bull channel, the probability of a measured move up based on the height of the channel is high.<\/li>\n\n\n\n
- However, in this case, the target might not be achieved immediately, as the bull channel is positioned just below the all-time high.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n
- General Discussion<\/strong>\n
- The market is trading within a possible triangle pattern. If it breaks out strongly on the upside with follow-through, the chances of reaching a measured move equal to the height of the bull leg will increase.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n