Nifty - Bullish for short term Nifty 50 IndexNSE:NIFTYOsurikiranElliott Wave Analysis – Short-Term Outlook Minor Wave 4 has been identified as a triangle formation. The price has now decisively penetrated the upper boundary of the triangle, confirming a breakout. This breakout validates the expectation of one final upward move, marking the continuation of the short-term uptrend. Upside Targets: T1: 26375 T2: 26776 As long as the price sustains above the triangle breakout level, the bullish structure remains intact and favors higher targets in the near term.