Weekly view (higher-timeframe)
Trend: Consolidation with slight bearish bias — weekly candles have shown limited follow-through above previous highs; failure to hold weekly support would open deeper correction. Use the weekly chart to judge whether weekly close holds above 24.5k
Key weekly levels to watch:
Major support (weekly): 24,150 – 23,775 (secondary targets if 24,500 fails).
Major resistance (weekly): 25,200 – 25,600 (weekly close above this turns bias bullish).
Daily view (what matters for tomorrow’s open)
Bias: Range to bearish unless price decisively gaps/opens above 24,900–25,000 and sustains. Daily momentum indicators referenced in live dashboards show neutral-to-slight-bearish readings (RSI not extremely oversold/overbought), so intraday follow-through matters.
Key intraday levels (actionable):
Immediate support: 24,500 — watch for a probe; below it increases odds of a drop to 24,150 and then 23,950–23,775.
Immediate resistance / bullish pivot: 24,900–25,200 — sustained trade above flips intraday bias toward 25,400+ (short-term targets).
Short setups / playbook for tomorrow (08-Sep-2025)
Bull scenario (momentum long)
Condition: Open/gap above 24,900 and 30-min candle closes above that level with rising volumes.
Plan: look for entries on pullback to 24,900–24,800.
Targets: 25,200 → 25,400.
Stop: close below 24,700 (or 1%–1.5% price-based SL depending on risk).
Bear scenario (momentum short)
Condition: Fails to hold 24,500 on the open or gaps down below 24,500 with follow-through.
Plan: short on retest of 24,500 after breakdown.
Targets: 24,150 → 23,950 → 23,775.
Stop: close above 24,650–24,700 (or 1%–1.5% price-based SL).
Range / neutral day (no trade if uncertain)
If price chops between 24,500–24,900, prefer to stay flat or trade tight intraday scalps with strict stops — higher chance of whipsaw.
Extra checks before market opens
Watch the first 15–30 minutes: the direction of the first 30-min candle + volume will largely determine day’s bias. If you trade, use that as confirmation. (Common intraday rule.)
Monitor macro headlines / premarket flows — anything on GST / policy / global cues may trigger gaps (recent GST news moved markets).
Trend: Consolidation with slight bearish bias — weekly candles have shown limited follow-through above previous highs; failure to hold weekly support would open deeper correction. Use the weekly chart to judge whether weekly close holds above 24.5k
Key weekly levels to watch:
Major support (weekly): 24,150 – 23,775 (secondary targets if 24,500 fails).
Major resistance (weekly): 25,200 – 25,600 (weekly close above this turns bias bullish).
Daily view (what matters for tomorrow’s open)
Bias: Range to bearish unless price decisively gaps/opens above 24,900–25,000 and sustains. Daily momentum indicators referenced in live dashboards show neutral-to-slight-bearish readings (RSI not extremely oversold/overbought), so intraday follow-through matters.
Key intraday levels (actionable):
Immediate support: 24,500 — watch for a probe; below it increases odds of a drop to 24,150 and then 23,950–23,775.
Immediate resistance / bullish pivot: 24,900–25,200 — sustained trade above flips intraday bias toward 25,400+ (short-term targets).
Short setups / playbook for tomorrow (08-Sep-2025)
Bull scenario (momentum long)
Condition: Open/gap above 24,900 and 30-min candle closes above that level with rising volumes.
Plan: look for entries on pullback to 24,900–24,800.
Targets: 25,200 → 25,400.
Stop: close below 24,700 (or 1%–1.5% price-based SL depending on risk).
Bear scenario (momentum short)
Condition: Fails to hold 24,500 on the open or gaps down below 24,500 with follow-through.
Plan: short on retest of 24,500 after breakdown.
Targets: 24,150 → 23,950 → 23,775.
Stop: close above 24,650–24,700 (or 1%–1.5% price-based SL).
Range / neutral day (no trade if uncertain)
If price chops between 24,500–24,900, prefer to stay flat or trade tight intraday scalps with strict stops — higher chance of whipsaw.
Extra checks before market opens
Watch the first 15–30 minutes: the direction of the first 30-min candle + volume will largely determine day’s bias. If you trade, use that as confirmation. (Common intraday rule.)
Monitor macro headlines / premarket flows — anything on GST / policy / global cues may trigger gaps (recent GST news moved markets).
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.