NIFTY 50 Intraday 27 MAY | Breakout or Breakdown Scenario

May 27

NIFTY – Key Levels Setup | Breakout or Breakdown Scenario

According to the price action observed at session start , NIFTY is currently consolidating between the resistance at 24,810 and the support at 24,756 . The structure suggests price is coiling, and a decisive move beyond either level could trigger a directional breakout.

• Key Levels:
Resistance: 24,810
Support: 24,756


• Breakout Scenario:
If price breaks and sustains above 24,810 :
TP1 (1:1): 24,864
TP2 (1:2): 24,918
TP3 (1:3): 24,972

• Breakdown Scenario:
If price breaks and sustains below 24,756 :
TP1 (1:1): 24,702
TP2 (1:2): 24,648
TP3 (1:3): 24,594

"Stay neutral, stay ready. Let the chart pick the direction."

Information and analysis provided is for educational purposes only.

May 27

Trade active

NIFTY 50 – Intraday Summary | 27 May 2025

Nifty traded within a defined structure, triggering both a breakdown and breakout attempt, but ultimately showed indecision and volatility throughout the session.

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• Pre-Market Levels:
Resistance: 24,810
Support: 24,756

• Breakout Scenario:
If price breaks and sustains above 24,810:
TP1: 24,864
TP2: 24,918
TP3: 24,972

• Breakdown Scenario:
If price breaks and sustains below 24,756:
TP1: 24,702
TP2: 24,648
TP3: 24,594

• Session Summary:
– Nifty initially broke below 24,756, hitting TP1 (24,702) and nearing TP2 (24,648).
– A sharp reversal followed, reclaiming 24,810 and triggering a breakout attempt.
– However, the breakout failed to sustain above TP1 (24,864), leading to consolidation.
– Price action showed volatility, with both a false breakdown and failed breakout.

Conclusion:
A range-bound and volatile session where neither bulls nor bears could dominate. Nifty stayed within key zones, signaling indecision and potential for a directional move in the upcoming session.

"Observe the volatility, respect the levels, and wait for confirmation."

Information and analysis provided is for educational purposes only.

May 27

Trade closed: target reached

NIFTY 50 – Intraday Summary | 27 May 2025

NIFTY experienced a clean breakdown session, achieving downside targets with precision before entering a volatile, range-bound phase near the lows.

[img][/img]

• Pre-Market Levels:
Resistance: 24,810
Support: 24,756

• Market Behavior Summary:
– The session opened with strong bearish momentum, breaking below 24,756.
– Downside targets TP1 (24,702) and TP2 (24,648) were achieved smoothly.
– After reaching these levels, the index attempted to recover but remained volatile.
– Price failed to reclaim the 24,810 resistance and stayed in breakdown territory throughout the session.
– No breakout attempt or bullish follow-through was observed.

Conclusion:
A decisive breakdown session with both TP1 and TP2 met. Price action respected key levels, proving the value of reacting to confirmation rather than prediction.

"Levels are maps — trade with confirmation, not hope."

Information and analysis provided by DotView is for educational purposes only.

May 27

Note

Market Behavior Summary:

The session began with initial consolidation inside the range between 24,810 and 24,756. Eventually, price broke above the resistance level of 24,810, triggering a bullish breakout.

Momentum accelerated, and all three upside targets—24,864, 24,918, and 24,972—were achieved smoothly, confirming the strength of the breakout move.

Later in the session, Nifty saw profit booking, pulling back from the highs and re-entering the original breakout zone, closing near the 24,837 mark—above support but below peak breakout levels.


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Conclusion:

Another textbook breakout day, where targets were achieved cleanly, followed by a retracement into the breakout zone.

This reflects a typical “breakout and retest” behavior, reinforcing the importance of waiting for confirmation, scaling out near targets, and being aware of pullback risks after strong rallies.