Based on the provided Nifty 50 Index 1-minute chart, here's a technical analysis to help determine the target, stop-loss, and directional view using support/resistance and trend analysis:
📊 Chart Analysis Summary 🟢 Current Market Context: Price: 22,238
Trend: Strong intraday uptrend after a bullish breakout above 22,188 resistance.
Momentum: RSI is elevated, slightly turning down from an overbought region (>70), suggesting some short-term cooling but still bullish overall.
🔍 Key Levels (Support & Resistance) Level Type Significance 22,253.50 Resistance Recently tested and slightly rejected; potential breakout level. 22,188.15 Support (broken resistance) Important breakout point. Now acting as a support zone. 22,008.45 Major support Intraday base before the rally. Key reversal zone. 21,745.40 Strong support Day’s low area. Considered strong demand zone. 📈 Trade View (Bullish Bias) ✅ Reason for Bullish View: Price broke above resistance at 22,188.15 with strong momentum.
Clear higher highs and higher lows indicate bullish structure.
RSI is cooling off — possible continuation after consolidation.
🎯 Trade Plan 🛒 Entry: Current Price: 22,238
Entry Zone: Around 22,230–22,240 (small dip buying opportunity if retests support)
🎯 Target (Upside): 1st Target: 22,280 – Near-term fib/projected resistance
2nd Target: 22,325 – Extension from the previous swing high zones
3rd Target (Aggressive): 22,400 – Round number psychological level (next major resistance)
🛑 Stop-Loss: SL Below Support: 22,180 (below the breakout level)
Aggressive SL: 22,200 (tight for scalping)
Conservative SL: 22,008 (in case of deeper pullback)
💡 Risk-Reward & Profit Strategy Entry SL Target Risk:Reward 22,238 22,180 22,280 ~1:0.7 (Scalp) 22,238 22,180 22,325 ~1:1.5 22,238 22,008 22,325 ~1:2.5 (Swing) 🧭 Alternate View (Bearish if fails) If price fails to hold 22,188, and breaks below with volume:
Short entry below 22,180
Targets: 22,008 → 21,745
SL: Above 22,225
✅ Final View: Bullish Trend Continuation Likely, unless 22,188 is broken strongly. Look for pullback entries near support with tight SL for best RR setups.
Great — let’s break it down across Short-Term, Medium-Term, and Long-Term views for the Nifty 50 Index, using the chart you provided, technical trend direction, and support/resistance levels.
⏱️ 1. Short-Term View (Intraday to 1–2 Days) 🔍 Trend: Bullish
Strong breakout above resistance at 22,188
Higher highs and higher lows in 1-min timeframe
💡 Outlook: Likely to test 22,280 → 22,325 in the near term
RSI shows minor overbought signals, expect small pullbacks followed by continuation
📌 Bias: ✅ Buy on dips near 22,200–22,210 🎯 Target: 22,280 / 22,325 🛑 SL: 22,180 (tight)
📆 2. Medium-Term View (3–10 Days / Swing) 🔍 Trend: Turning Bullish
Price forming a base above 22,000, now breaking higher
Consolidation breakout visible
💡 Outlook: As long as 22,008 holds, bulls are in control
Can target 22,400–22,500 zone in this move
📌 Bias: ✅ Buy on dip or breakout retest around 22,180–22,200 🎯 Target: 22,400 / 22,500 🛑 SL: 22,000 (conservative swing SL)
📅 3. Long-Term View (Weeks to 1 Month+) 🔍 Trend: Overall Bullish, making higher highs across weekly/monthly charts
Any sustained move above 22,400 can trigger a new leg up
💡 Outlook: Nifty is in a strong bull trend on higher timeframes
Next possible long-term target zones: 22,800 → 23,000
Only a break below 21,745 would shift long-term bias
📌 Bias: ✅ Buy and hold above 22,000 levels 🎯 Target: 22,800 / 23,000 🛑 SL: 21,745 (major trend break)
📊 Summary Table View Trend Key Support Key Resistance Bias Target Short-Term Bullish 22,188 / 22,180 22,280 / 22,325 Buy on dip 22,280 / 22,325 Medium-Term Bullish 22,008 22,400 / 22,500 Buy 22,400 / 22,500 Long-Term Bullish 21,745 22,800 / 23,000 Buy & Hold 22,800 / 23,000 Would you like a strategy suggestion (like options, futures, or delivery-based buying) for any of these timeframes?
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