Only 2 High Probability Setups Today! | Nifty Post Market Analysis (1st July)

In this Nifty post-market analysis for 1st July 2026, Vishal Kashyap from Second Entry Academy breaks down the 1-minute chart to reveal the ONLY 2 High Probability Setups (HPS) that formed today. Learn how to read raw price action cleanly without clutters of lagging indicators. --------- Market are not as random as most retail traders think. They always form Parallel Channels all over charts, we can learn to draw them to identify the market structure. Markets reflect greed and fear. So, all charts have similar patterns in any time frame. If you see daily, weekly, or monthly chart - you will not be able to identify time frame if not denoted there. Most traders have never tried to learn price action. They are always fooled by different indicators based strategy which are available offline and online. They keep jumping from one strategy to another till they blow capital again and again. At last, they realise that all indicators work sometimes but not every time. So, please learn following price action rules and you will learn the language of chart. Trendline Rule -Counter trend trading while trendline is in play is against the rules. After break of trendline, new extreme usually forms. When price breaks the trendline, do not counter trend trade just yet. Expect continuation of the previous trend. After new extreme is formed, we usually see correction phase or major trend reversal. Trendline Break -Even after trendline breaks, if it has been in effect for a couple of hours or more, the chances are high that the trend extreme will get tested after a pullback. The test can be followed by the trend continuing, the trend reversing, or the market entering a trading range. The single most important point about a trendline break is the first sign that the market is no longer being controlled by just one side (buyers or sellers) and the chances of further two sided trading is now much greater. Dn't Counter Trend -Traders think the market has to reverse any moment Traders think the market is done and cannot go any further Beginner traders tend to pick tops and bottoms Follow the trend Draw parallel channel to identify the market structure/ trend Go only long in Bull channel and short in Bear channel. Don’t counter trend. Best trades come in the direction of the trend Avoid sideways or choppy market. "3 Trading range rule" Most Breakouts fail Buy low, sell high Don’t trade congestions Identify “Health” of a trading range which can be bullish or bearish Most Breakouts are in the direction of prevailing trend. Longer time the market is in range, greater will be the BO (BREAKOUT) move when it finally occurs. Even if there is Breakout, best is to wait for pullback (BOPB) and retest of the breakout level to join Breakout. KEP = Key entry point There are 3 KEPs 1 - 21 EMA - it acts as dynamic support and resistance. On 5 minute Nifty Chart, it plays crucial role. 2 - Support when in bull trend and Resistance when in bear trend 3 - Trendline - drawn by joining at least 3 swing points. In Bull channel, it acts as support amd in Bear channel, it acts as resistance What is second entry?Before attempting to describe a second entry, I will discuss some of the theory behind why they tend to work so well. If you have been trading for any length of time, then you are probably already aware of the fact that the market tends to move in pairs. In other words, prices will make one leg, then have a pull back, and normally make a second leg that is somewhat equal in length as the first leg. These moves in “two’s” happen over and over all day long and on different time levels. If you need proof, just go study a few charts in depth, and I think you will then agree with me that the market does indeed move in two’s over and over. Now that you know and understand that this is a natural part of any price movement in the markets, the next thing you should understand is that whenever the market tries to do something twice and then fails, it is likely to succeed in moving much further in the other direction. This is what makes second entry opportunities work so well in my opinion. HPS = High probability SetupsHPS at KEP When in Bull Trend - 2EL at KEP F2ES at KEP Higher low acts as confirmation setup when 2EL is weak signal bar When in Bear Trend - 2ES at KEP F2EL at KEP