GIFT NIFTY 1H: Testing 24,350 Resistance | Pullback to 24,244 InRocket Lab CorporationBATS:RKLBLegacy_Trader01GIFT NIFTY 50 INDEX FUTURES - 1H Analysis Pattern: Breakout from Falling Wedge + Ascending Channel Price first dropped in the blue falling wedge, then took a strong reversal from 24,050 support. Now it's moving inside an ascending channel. Key Levels Marked: 1. Current: 24,329 2. Resistance: 24,350 Red zone. Upper trendline of the channel 3. Target Zone: 24,244 Blue line. First pullback target if we get rejection 4. Major Support: 24,050 - 24,075 Pink zone. Lower line of the channel Scenario: 1. Bullish: Break above 24,350 with volume → Channel continues, next target 24,375+ 2. Bearish: Rejection at 24,350 → Pullback to 24,244 target zone → If lost → Drop to 24,050 support Bias: Mildly Bullish. Price is at resistance. Until 24,350 breaks, we can see sideways to bearish pressure. 24,244 needs to hold for bulls. Not financial advice. Trade with risk management --- ### 20 Min Description for Post / Telegram / YouTube Title: GIFT NIFTY 1H: Testing 24,350 Resistance | Pullback to 24,244 Incoming? Description: `GIFT NIFTY bounced from 24,050 support and is now testing channel resistance at 24,350. Price reversed from the blue falling wedge. Bullish: Break above 24,350 → Target 24,375+ Bearish: Rejection at 24,350 → Pullback to 24,244, then 24,050 support Watch this level for Nifty's next direction.` #GIFTNIFTY #NIFTY #Index #TechnicalAnalysis #TradingSetup