Sensex Market Structure Analysis & Trade Plan: 26th August

🔎 Sensex Technical View

Higher Timeframe (4H)

Resistance Zone: 82,200 – 82,400 (supply area); above this, bigger resistance at 82,800.

Support Zone: Immediate support at 81,300 – 81,400. Stronger demand base at 80,800 – 81,000.

Structure: Price is pulling back after rejecting 82,200. Still above a strong demand zone (81,300).

Medium Timeframe (1H)

Price is currently retesting 81,600 – 81,700 after the recent dip.

Trend: Short-term correction inside a rising channel.

Key Levels:

Break above 81,800 → potential recovery toward 82,200 – 82,400.

Sustained below 81,300 → sellers may target 81,000 → 80,800.

Lower Timeframe (15M)

Market consolidating between 81,500 – 81,800.

Short-term demand OB visible at 81,300 – 81,400.

Momentum weakening, but still holding higher lows on micro structure.

📌 Trading Plan for Tomorrow

Long Setup

Trigger: Break & sustain above 81,800.

Targets: 82,000 → 82,200 → 82,400.

Stop-loss: Below 81,600.

Bias: Only go long on strong breakout with volume.

Short Setup

Trigger: Breakdown below 81,300.

Targets: 81,000 → 80,800 → 80,600.

Stop-loss: Above 81,500.

Bias: Favorable if price rejects 81,600 – 81,700 zone and loses 81,300.

✅ Summary

Bias: Neutral → Slightly bearish unless 81,800 is reclaimed.

Key Levels:

Resistance: 81,800 → 82,200 – 82,400.

Support: 81,300 → 81,000 → 80,800.

Tomorrow’s Action: Expect range play between 81,300 – 81,800 unless breakout/breakdown confirms.