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Nifty50

Nifty 50 – 15 Min Technical View

1 month ago

Nifty has formed a symmetrical triangle pattern and respected the rising trendline support. After a brief breakdown below 25,500, the price quickly reclaimed the level β€” indicating a false breakdown and bullish reversal strength.

Momentum is shifting positive, suggesting buyers are stepping in.

πŸ‘‰ Bias: Bullish
πŸ‘‰ Plan: Traders may consider bullish option strategies on dips while price holds above 25,500.

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Posted by

RAVINTHAR PRADEEP

Moderator

1 month ago

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