Nifty 50 Market Pulse: Breadth Bullish Crossover & P&F Price Action Point to Early Upside

[SANTANU BEZ-1707666167730]

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Nifty 50 Market Pulse: Breadth Bullish Crossover Nearing Confirmation & P&F Price Action Supports Upside

1️⃣ Introduction

In trading, price action tells you what is happening, but market breadth reveals how strong the underlying move really is.
Right now, our Nifty 50 breadth analysis (1% P&F daily) and intraday P&F price chart (0.05% × 3) are aligned — showing a strong bounce from oversold and a bullish breadth crossover that is now pushing toward the confirmation zone.

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2️⃣ Breadth Overview (Market Internals)

• Current Breadth: 40+ — sharply up from the extreme oversold zone (~24%).
• Bullish Crossover: Breadth line (green) has crossed above its 5-period SMA (red).
• Slope Strength: The rise is steep, showing strong buying participation across the index.
• Proximity to Pivot: The move is now approaching the 46% mid-level — crossing and sustaining above this historically confirms an uptrend in participation.

Interpretation:
This is no longer just a rebound — it’s a momentum shift. Multiple Nifty 50 stocks are flipping to P&F buy signals simultaneously.

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3️⃣ Price Action Overview (P&F 0.05% × 3)

• Recent Pattern: Multiple Low Pole (LP) reversals — signalling failed breakdowns.

• Support Levels: MB and LP zones (~24,403–24,501) are holding firmly.

• Upside Price Targets:

  • Primary: 25,008 – 25,272
  • Extended: 25,310

Interpretation:
Price is holding its ground, with structural P&F patterns pointing toward bullish continuation.

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4️⃣ Combined Market View

With breadth at 40+ and rising (internals) and bullish P&F structure (price action), the market is in a pre-breakout phase — one step away from full confirmation.

Factor	Current Signal	Implication
Breadth Level	40+ (rising from oversold)	Strong participation
SMA of Breadth	Bullish crossover with steep slope	Momentum building
P&F Price	LP reversals, above support	Buyers dominant
Targets	25,008 → 25,272 → 25,310	Upside bias

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5️⃣ Trading Approach

• Aggressive traders: Can hold/build long positions from the oversold bounce, trail stops under key P&F supports.
• Conservative traders: Watch for breadth >46% for final confirmation.
• Option sellers: Shift toward bullish-biased range strategies as downside risk reduces.

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6️⃣ Risk Factors

• If breadth fails to cross/sustain above 46%, rally may stall.
• Sudden global or macro shocks could reverse sentiment quickly.

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7️⃣ Conclusion

The Nifty 50 market pulse shows a textbook setup:

• Oversold breadth bounce
• Bullish crossover with strong slope
• Price holding bullish P&F structure

This alignment often precedes a short-to-medium term rally — and with breadth now at 40+, the market is close to flipping into confirmed bullish territory.

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Disclaimer: For educational purposes only. Not financial advice. Manage risk at all times.

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[SANTANU BEZ-1707666167730]