NSE NIFTY looks great for long

📊 Analyzing **NIFTY 50 (NSE:NIFTY)** across multiple timeframes:
**22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.

📈 NIFTY looks very strong and has the potential to move up by 200 points from the current level.
A bullish breakout could push it toward new resistance levels.

🟢 Key Levels to Watch:
🔹 **Immediate Support:** Near recent consolidation zone.
🔹 **Resistance Levels:** 200-point rally zone ahead.

🔒 Stop Loss should be placed below key support levels for risk management.

🔍 We are using trend analysis, volume confirmation, and price action to identify this setup.

Pine Script®

1. **Bullish View:** Breakout could lead to further gains with strong momentum.
   
2. **Bearish View:** A failure to sustain above support could trigger a retracement.
   

📊 A powerful trend in development! Watch for volume confirmation before entering. 🚀🔥

⚠️ **Note:** If NIFTY fails to hold its support zone, a retracement is possible be