NIFTY 50 is showing a clean bullish flag breakout on the 1H chart after a strong impulsive leg from recent lows.
This consolidation phase acted as a flag correction, where price stayed within a downward-sloping channel before breaking to the upside.
The breakout suggests a continuation of the existing uptrend, supported by price closing above the EMA cluster and reclaiming short-term momentum.
Key Observations:
🚀 Impulsive bullish rally followed by tight flag formation.
🔹 Breakout candle confirming strength above 25,080 zone.
📈 If momentum sustains, next upside targets are 25,180 → 25,250 → 25,300.
⚠️ Invalid if price falls back below 25,050 with strong volume.
NIFTY breaking out from a bullish flag pattern 🚀
Continuation setup in play after a strong impulse move.
🔹 Above 25,080 = bullish
🔹 Targets: 25,180 / 25,250 / 25,300
🔹 Invalidation: below 25,050
#NIFTY #PriceAction #Breakout #BullishFlag #TechnicalAnalysis #HenishMavani
This consolidation phase acted as a flag correction, where price stayed within a downward-sloping channel before breaking to the upside.
The breakout suggests a continuation of the existing uptrend, supported by price closing above the EMA cluster and reclaiming short-term momentum.
Key Observations:
🚀 Impulsive bullish rally followed by tight flag formation.
🔹 Breakout candle confirming strength above 25,080 zone.
📈 If momentum sustains, next upside targets are 25,180 → 25,250 → 25,300.
⚠️ Invalid if price falls back below 25,050 with strong volume.
NIFTY breaking out from a bullish flag pattern 🚀
Continuation setup in play after a strong impulse move.
🔹 Above 25,080 = bullish
🔹 Targets: 25,180 / 25,250 / 25,300
🔹 Invalidation: below 25,050
#NIFTY #PriceAction #Breakout #BullishFlag #TechnicalAnalysis #HenishMavani
Nota
✅ Bullish flag breakout confirmed on NIFTY!Momentum candles breaking structure to the upside 🚀
🔹 Support zone: 25,060–25,080
🔹 Targets: 25,180 / 25,250 / 25,320
🔹 Trend: Bullish continuation
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.