NIFTY 50: Bullish Channel Holding | 24,225 Resistance in FocusNifty 50 IndexNSE_DLY:NIFTYSayt-crypto-forexNIFTY remains in a short-term bullish trend, trading above the 21 & 50 EMA while respecting the ascending channel. Key Observations: ✅ Market structure remains bullish with higher highs and higher lows. ✅ Price is holding above the dynamic EMA support. ✅ Buyers defended the demand zone around 24,175–24,180. ⚠️ Immediate resistance is at 24,225–24,230, where supply has rejected price multiple times. Bullish Scenario A strong 5-minute candle close above 24,225 could trigger momentum toward: Target 1: 24,240 Target 2: 24,255 Target 3: 24,275 Bearish Scenario Failure to break resistance may lead to a pullback toward: 24,200 24,185 (EMA support) 24,175 (Demand Zone) Trading Plan Buy only after a confirmed breakout above resistance. Avoid chasing price inside the supply zone. Watch for volume confirmation before entering. Bias: Bullish 📈 until the ascending channel and demand zone are lost. Disclaimer: This is for educational purposes only, not financial advice. Always use proper risk management. https://x.com/saytstockmarket/status/2076283947580006502?s=46