Nifty 50 outlook

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Nifty 50 outlookNifty 50 IndexNSE:NIFTYvickshikTrading Plan Bullish Setup (Preferred) Wait for the first 15-minute candle to close. If Nifty holds above 24,375–24,380 and breaks the first 15-minute high, buy a CE. Targets: 24,430 → 24,480 → 24,550 Stop-loss: Below the first 15-minute low or below the 20 EMA. Bearish Setup If Nifty fails to hold 24,350–24,375 and breaks below the first 15-minute low, it could witness profit booking. Buy a PE only after confirmation. Targets: 24,300 → 24,250 → 24,200 Stop-loss: Above the first 15-minute high. Important Advice With a 200-point gap-up, the first 15-minute candle is especially important. Let the market reveal its direction before entering a trade. Avoid chasing the opening move. Education purpose only and not a financial advice