#Nifty Outlook Update

[nishshkumarjaani@gmail.com]

#Nifty Outlook Update

Currently, #Nifty is trading above the 200 EMA – long-term structure remains bullish.

Two probable scenarios on charts:

1️⃣ Head & Shoulders Top

Support zone: 24300–23900 (gap area)
Breakdown below 23900 → 23300 levels possible
Aggressive traders can look for weakness below 24300

2️⃣ Triangle Formation

Breakout above falling trendline gets confirmed and above 25200

Target: 26500+ / New ATH

Stay alert around 24300 & 25200 for next big move!

Nishesh Jani,CFTe

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