NIFTY 50 – Trendline Support Retest and Possible Pullback Setup

7 days ago

🔹 NIFTY 50 is respecting its ascending trendline after a healthy pullback.
🔹 Watch 25,100 support zone carefully — a bounce could resume the uptrend.
🔹 Breakdown below 25,070 = possible retracement.

🧩 Possible Scenarios:

Bullish:
If NIFTY sustains above 25,100 and breaks 25,270, we can target 25,400+.

Bearish:
A breakdown below 25,070 could invite short-term selling up to 24,950 or 24,880.

7 days ago

Note

📉 Clear structure break below 25,080 with retest.

⚙️ 25,090–25,110 = short-term supply zone.

🧭 Expected target: 24,960 – 24,900 zone (next liquidity area).

❗Bullish invalidation if price reclaims and sustains above 25,120.