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—
89 days active
Disclaimer: This is for educational purposes only. Not financial advice. Consult your SEBI-registered advisor before investing.


