Sensex — Current Structure

Short-term price action is inside a clearly defined descending channel. Recent swings show repeated Break of Structure (BOS) and a series of lower highs and lower lows — a classic bearish short-term bias.

• Price trading near a strong horizontal support zone (blue band) — watch for rejection or a clean breakdown.
• Any upside movement faces supply near the mid-channel resistance and the earlier demand-turned-supply zone ~84,200–84,300.
• If price breaks and closes above the channel + mid resistance, structure becomes neutral-to-bullish intraday.

Bank Nifty — What to watch

Bank Nifty shows the same rhythmic down-channel. Price tested support, formed a weak low, and attempted a relief bounce toward the channel median. Supply clusters above may cap rallies.

• Monitor the lower boundary of the channel — a decisive break signals accelerated bearish momentum.
• For bulls, valid confirmation requires a break of the falling trendline and a higher-high on the 5-min structure.

Nifty 50 — Short-term Outlook

Nifty's price is mirroring Sensex/Bank Nifty: trending lower within the channel, touching demand zone and showing short, shallow rebounds. Trend remains downward until proven otherwise.

• Key support: the blue demand zone around 25,700–25,720 (watch micro candles for signs of strength).
• Key resistance: channel median and the supply zone near 25,820–25,850.

Practical Trade Plans (Short-term)

Risk Management & Notes

• Keep position sizing small on aggressive plays — structure is bearish and false breakouts are possible.
• Use limit entries and defined stops — volatility in index options can spike around important levels.
• Prefer trades with clear price confirmation (volume, clean candle, or BOS) rather than guessing reversals.

This is short-term technical commentary only — not financial advice. Always backtest and adapt to your time-frame and risk profile.