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
Anmerkung
✅ 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
Haftungsausschluss
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.