Sensex and Nifty Intraday Chart Analysis Today
After a volatile trading session today, both Sensex and Nifty showed signs of recovery in the second half of the market. If you're an intraday trader, you might be wondering: Is this the right time to enter a trade? What do the charts indicate? In this blog, we break down the live candlestick patterns and explain how to interpret today's market behavior using price action and volume trends.
📊 Market Snapshot
- Sensex: 81,118.60 (-573.38 / -0.70%)
- Nifty: 24,735.55 (Flat closing)
- Time of analysis: 19:11 IST
🕯️ Candlestick Analysis – What Charts Reveal
In the first half of the session, both Sensex and Nifty witnessed a sharp decline, creating a long bearish candle. However, around midday, a strong buying zone was identified near 80700 (Sensex) and 24500 (Nifty), leading to bullish engulfing candles on both charts.
Key Observations:
- Price bounced back from key support levels with heavy volume.
- 20 EMA (Exponential Moving Average) crossover on a 5-minute chart indicated a trend reversal.
- Volume surged on green candles—confirming buyer strength.
This shows strong bullish intent, especially in the short term. However, resistance is still intact around 81400 for Sensex and 24800 for Nifty.
🧠 Intraday Trading Strategy Based on Today’s Chart
- ✅ Enter long above 81170 (Sensex) or 24750 (Nifty) if price sustains 5-min candle close above it.
- 🎯 Targets: 81350 / 81400 (Sensex), 24800 / 24850 (Nifty)
- ❌ Stop Loss: Below 81000 (Sensex) or 24650 (Nifty)
Always follow Risk-Reward Ratio 1:2 to protect your capital.
🔍 Comparison: Sensex vs Nifty Chart Pattern
| Feature | Sensex | Nifty |
|---|---|---|
| Support Level | 80700 | 24500 |
| Reversal Signal | Strong bounce with volume | Bullish candle + 20 EMA crossover |
| Resistance | 81400 | 24800 |
❓FAQs – Intraday Traders’ Most Common Questions
Q1. What is the best time frame for intraday trading?
A: 5-minute and 15-minute charts are ideal for quick intraday decisions. For confirmation, also check the 1-hour chart.
Q2. What indicator works best with Sensex/Nifty?
A: Combine 20 EMA with Volume and Price Action (like bullish/bearish engulfing patterns).
Q3. How to set intraday stop loss?
A: Use the low of the previous candle or below a key support level. Maintain at least 1:2 risk-reward ratio.
Q4. Is it safe to trade in high volatility days?
A: Yes, if you use strict stop-loss and avoid overtrading. High volatility often brings better entries—but only for disciplined traders.
📚 Related Posts You Should Read:
- Reliance Stock Analysis 2025 – Buy or Wait?
- Sensex Intraday Prediction – Top 5 Trade Setups
- Sensex and Nifty Crash Today – Key Reasons
Are you trading based on these chart patterns? Do you use any other indicators? We’d love to hear your strategy!
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