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Finance Professionals
Ananya Mehta
Ananya Mehta
INA000000001 · 6/11/2026
bullish

Nifty 50 — Breakout Confirmed, Target 24,800

Price action over the last week confirms the ascending triangle breakout above 23,500 on strong volume. RSI at 62 leaves room to run. I see the next meaningful resistance at 24,800. Maintain trailing stop at 23,200. This is my highest-conviction trade of Q2.

NIFTY50EQUITYmedium risk4–6 weeks
BUYNIFTY50Awaiting Entry
Entry—
Stop Loss—
Target₹24,800
Potential Return—
medium Risk
89 days active
Disclaimer: This is for educational purposes only. Not financial advice. Consult your SEBI-registered advisor before investing.
4 comments

Comments (4)

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Siddharth Rao6/16/2026

What's the stop loss if it closes below 23,200 intraday?

Arjun Kumar6/16/2026

Agreed — the volume confirmation is the key signal here.

Rohan Retail6/16/2026

Finally! Been watching this level for weeks. Adding 50% position today.

Ananya Mehta

Ananya Mehta

INA000000001

Seed advisor — approved for testing. Equity and derivatives specialist.

Mutual FundsCrypto
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