NIFTY THIS WEEK? What's the plan

"There’s more hidden in a candle chart than most headlines will ever reveal.”

If you look at this NIFTY chart casually, you’ll see just another uptrend. But if you feel the price — really look into the structure — you’ll notice something deeper:

We’re not just in a rally. We’re in a breakout after base-building. And that’s a very different game.

What I Noticed This Week:

1. Strong Follow-Through

NIFTY didn’t just pop — it’s sustaining gains. Each green candle is following the next without hesitation. That means institutions are buying, not just retailers reacting.

2. Previous Resistance = Gone

Look back at 25,200–25,300. That zone rejected price multiple times. Now? It’s broken clean, with a bullish Marubozu-style candle. That’s a confirmation, not just a fluke.

3. No Panic Selling Yet

Usually, breakouts invite profit booking. This one? Sellers are quiet. When there's no rejection at new highs, it tells you confidence is strong.

But Here’s What You Must Watch:

Are we near psychological exhaustion? Markets can get euphoric and overextend - even in strong trends. Volume Spike or Divergence? If volumes dry or RSI starts diverging, stay alert.

Global cues & Bank Nifty:

If Bank Nifty stalls, NIFTY will slow too. Watch correlation.

What This Means for You:

Trend is strong, but smart traders plan exits in upmoves - not panic in downmoves.

Ask yourself:

Do you have entries based on structure?

Are you overexposed at highs, hoping for more?

Are you following momentum blindly or with plan?

Personal Reflection:

I’ve learned this the hard way:

“Buying strength is good. But riding strength without a stop loss is just greed in disguise.”

So this week:

Observe, don’t chase.

Track - don’t blindly enter.

There’s always another breakout. But there’s only one portfolio.