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Nifty50

Nifty Intraday Technical View (15-Min Chart)

1 month ago

The market is currently consolidating inside a Symmetrical Triangle pattern, indicating a possible breakout move soon.

🔼 Bullish Scenario

  • Breakout Above: 25,725

  • Target: 25,800
    If price closes above 25,725 on a 15-minute candle, upside momentum may continue toward 25,800 (triangle resistance zone).

🔽 Bearish Scenario

  • Breakdown Below: 25,565

  • Target: 25,500
    If price closes below 25,565 (triangle support & previous swing low), the downside move may extend toward 25,500.

⚠️ Note

Avoid trading inside the triangle. Wait for a proper 15-minute candle close to confirm the breakout and reduce the chances of a false move.

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Posted by

RAVINTHAR PRADEEP

Moderator

1 month ago

Disclaimer

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