NIFTY 50 — Bullish Trendline Retest & Upside Target
NIFTY 50 Futures (30M) is maintaining a **bullish structure** above the rising trendline. Price is currently pulling back toward the **24,580 support area**, which aligns closely with the ascending trendline and could act as a potential demand zone.
A successful hold and bullish reaction from this area could lead to a move toward the **24,760 target zone**. The chart also shows a previous **BOS (Break of Structure)**, supporting the bullish continuation setup.
* **Current Price:** ~24,619
* **Key Support:** **24,581**
* **Trendline:** Rising bullish support
* **Target:** **24,760**
* **Bias:** 🟢 Bullish above 24,581
**Trade Idea:** Watch for a bullish reaction around **24,580–24,600**. A sustained move above the recent highs could strengthen the path toward **24,760**.
A successful hold and bullish reaction from this area could lead to a move toward the **24,760 target zone**. The chart also shows a previous **BOS (Break of Structure)**, supporting the bullish continuation setup.
* **Current Price:** ~24,619
* **Key Support:** **24,581**
* **Trendline:** Rising bullish support
* **Target:** **24,760**
* **Bias:** 🟢 Bullish above 24,581
**Trade Idea:** Watch for a bullish reaction around **24,580–24,600**. A sustained move above the recent highs could strengthen the path toward **24,760**.
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