NIFTY 50 Intraday Live Session| 24 JUN Breakout/Breakdown Levels

6月24日

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 25,217 and the support at 25,184 . The structure suggests price is coiling, and a decisive move beyond either level could trigger a directional breakout.

• Key Levels:
Resistance: 25,217
Support: 25,184


• Breakout Scenario:
If price breaks and sustains above 25,217 :
TP1 (1:1): 25,250
TP2 (1:2): 25,283
TP3 (1:3): 25,316

• Breakdown Scenario:
If price breaks and sustains below 25,184 :
TP1 (1:1): 25,151
TP2 (1:2): 25,118
TP3 (1:3): 25,085

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

Information and analysis provided is for educational purposes only.

6月24日

交易進行

📊 NIFTY 50 – Intraday Summary | 24 June 2025

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Pre-Market Key Levels:
Resistance: 25,217
Support: 25,184

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🔍 Price Action Insight:
At the session’s open, NIFTY exhibited a tight consolidation between the predefined resistance and support zones. This created an ideal setup for a breakout or breakdown scenario.

📈 Breakout Scenario:
Price broke above 25,217 multiple times during the session.
Achieved all three upside targets:
✅ TP1: 25,250
✅ TP2: 25,283
✅ TP3: 25,316

📉 Breakdown Scenario:
A clear breakdown occurred below 25,184, triggering a strong downside move.
All three downside targets were achieved:
✅ TP1: 25,151
✅ TP2: 25,118
✅ TP3: 25,085

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📌 Session Close Observation:
Despite multiple bullish breakouts, NIFTY closed negatively.
The day showcased high intraday volatility, allowing opportunities in both directions.

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🧠 Key Takeaway:
A textbook two-sided day for intraday traders—both breakout and breakdown targets were hit, offering several profitable trades. A strong reminder to remain unbiased and let price dictate the trade.