Nifty Breaks Out—Next Stop: Sky?

Jun 20

Buy Call – Nifty 50 Index

Timeframe: 15-min chart
CMP: 24,991

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Why Buy:
• Breakout above previous resistance (marked zone)
• Strong momentum candle with volume
• Price is consolidating above the breakout – healthy sign of strength

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Trade Setup:
• Buy Zone: 24,980 – 25,000
• Stop Loss: 24,910 (just below breakout zone)
• Target 1: 25,120
• Target 2: 25,200
• Target 3 (if momentum continues): 25,320

Jun 22

Trade closed: target reached