📈 Timeframe: Daily Chart
📍 Instrument: NSE:NIFTY
🔍 Chart Overview:
Nifty 50 has been trading in a consolidation range between [support level] and [resistance level]. We are now approaching a critical breakout zone that could define the next short-term trend.
🔑 Key Levels:
Immediate Resistance: 25071
Immediate Support: 24488
Breakout Above: 25071
Breakdown Below: 24488
🔔 Trading Plan:
🔼 Bullish Scenario: Wait for a breakout above 25071 with volume confirmation.
🔽 Bearish Scenario: Breakdown below 24488 may invite selling pressure.
💡 Risk Management: Use proper stop-loss below support/resistance
📌 Disclaimer:
This is for educational purposes only. Do your own research before taking any trade.
📢 Hashtags:
#Nifty50 #TradingView #ChartAnalysis #TechnicalAnalysis #NSEIndia #NiftyBreakout #PriceAction #StockMarketIndia #SwingTrade #NiftyToday
📍 Instrument: NSE:NIFTY
🔍 Chart Overview:
Nifty 50 has been trading in a consolidation range between [support level] and [resistance level]. We are now approaching a critical breakout zone that could define the next short-term trend.
🔑 Key Levels:
Immediate Resistance: 25071
Immediate Support: 24488
Breakout Above: 25071
Breakdown Below: 24488
🔔 Trading Plan:
🔼 Bullish Scenario: Wait for a breakout above 25071 with volume confirmation.
🔽 Bearish Scenario: Breakdown below 24488 may invite selling pressure.
💡 Risk Management: Use proper stop-loss below support/resistance
📌 Disclaimer:
This is for educational purposes only. Do your own research before taking any trade.
📢 Hashtags:
#Nifty50 #TradingView #ChartAnalysis #TechnicalAnalysis #NSEIndia #NiftyBreakout #PriceAction #StockMarketIndia #SwingTrade #NiftyToday
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.