Sensex Market Structure Analysis & Trade Plan: 9th September

🔹 4H Chart (Swing Bias)

Structure: Price is in an ascending channel, recovering from the 79,800 demand zone.

Supply Zone: 81,200–81,600 zone rejected twice, showing strong sellers.

Demand Zone: 80,200–79,800 remains a strong base.

Current Action: Price printed a rejection wick at 81,200 and pulled back to 80,800. The channel is still valid, but upside momentum is slowing.

✅ Bias: Neutral-to-Bearish until 81,200 is decisively broken.

🔹 1H Chart (Intraday Bias)

Structure: Price attempted a rally but faced rejection at 81,200 supply.

Short-term Demand: Around 80,600–80,700 (FVG + previous OB).

Short-term Supply: 81,200–81,400 (rejection zone).

Observation: Lower highs forming within the 81,200 resistance area. Liquidity grab possible above 81,200.

✅ Bias: Range-bound intraday (80,600 support – 81,200 resistance).

🔹 15M Chart (Execution Bias)

Liquidity: Clear liquidity sweep above 81,200 followed by rejection.

Order Block: Fresh OB formed at 80,600.

Momentum: Weak recovery candles, suggesting supply pressure remains.

✅ Bias: Short-term bearish unless 81,200 breaks with volume.

📌 Trade Plan for 9th Sept (Monday)

🔸 Long Setup

Entry: 80,650–80,700 (demand zone/FVG fill).

Target 1: 81,000

Target 2: 81,200–81,250 (supply retest).

Stoploss: 80,500

Risk: Only valid if 80,600 demand holds.

🔸 Short Setup

Entry: 81,150–81,200 (supply retest).

Target 1: 80,800

Target 2: 80,500

Stoploss: 81,350

Risk: Best setup if price fakes out above 81,200 and fails again.

🎯 Summary

Swing view: Neutral-to-Bearish below 81,200.

Intraday: Range-bound between 80,600–81,200.

Trade Plan: Fade supply at 81,200 for shorts OR buy demand at 80,600 for bounce plays.