Nifty 50 Index Chart Pattern Analysis - 19th Aug., 2025.
As a technical chart analyst, I’ve identified a classic symmetrical triangle breakout on the Nifty 50 Index’s 15-minute chart. This pattern forms when price action moves into a tightening range, and both buyers and sellers hesitate, creating converging trend lines. This signals a buildup of momentum that often results in a sharp breakout once either side gains control.
Why This Pattern Forms
The symmetrical triangle you see here represents a consolidation phase. In such periods, uncertainty leads to reduced volatility and a “coil” effect, where energy builds up for the next big move. Once that energy is released—usually with increased volume—a breakout confirms the next directional trend.
My Ideal Trade Setup
Entry:
I plan to enter above the breakout level at 25,020. This confirms that the buyers are taking charge and allows me to avoid “fake outs” that might trap traders.
Stoploss:
My stoploss is set at 24,840, just below the lower support and swing low. This protects my capital and enforces discipline in case the move fails. If by any chance I'll find Nifty here, will definitely pick the position as the best spot to enter, i.e. near stoploss.
Target:
I’m aiming for 25,340–25,447, applying the measured move rule from the triangle’s height projected upward from the entry. This is a realistic zone to book profits.
Exit Strategy for Momentum Loss
If momentum fades after my entry—indicated by weak follow-through, low volume, or reversal candles—I’ll exit early, even before my stoploss is hit. Staying nimble is key if the breakout fails to hold and the price slides below the entry after confirming the breakout.
My Trading Approach
Entering only after a confirmed breakout above 25,020.
Keeping a tight stoploss at 24,840 for risk management. May try near SL or make 2 attempt if necessary.
Booking profits at the projected target zone—never letting greed override discipline.
Reacting quickly if momentum wanes, prioritizing capital protection.
This strategy keeps my trades efficient and minimizes risk while leveraging the power of classic breakout patterns.
Follow for more such inputs.
As a technical chart analyst, I’ve identified a classic symmetrical triangle breakout on the Nifty 50 Index’s 15-minute chart. This pattern forms when price action moves into a tightening range, and both buyers and sellers hesitate, creating converging trend lines. This signals a buildup of momentum that often results in a sharp breakout once either side gains control.
Why This Pattern Forms
The symmetrical triangle you see here represents a consolidation phase. In such periods, uncertainty leads to reduced volatility and a “coil” effect, where energy builds up for the next big move. Once that energy is released—usually with increased volume—a breakout confirms the next directional trend.
My Ideal Trade Setup
Entry:
I plan to enter above the breakout level at 25,020. This confirms that the buyers are taking charge and allows me to avoid “fake outs” that might trap traders.
Stoploss:
My stoploss is set at 24,840, just below the lower support and swing low. This protects my capital and enforces discipline in case the move fails. If by any chance I'll find Nifty here, will definitely pick the position as the best spot to enter, i.e. near stoploss.
Target:
I’m aiming for 25,340–25,447, applying the measured move rule from the triangle’s height projected upward from the entry. This is a realistic zone to book profits.
Exit Strategy for Momentum Loss
If momentum fades after my entry—indicated by weak follow-through, low volume, or reversal candles—I’ll exit early, even before my stoploss is hit. Staying nimble is key if the breakout fails to hold and the price slides below the entry after confirming the breakout.
My Trading Approach
Entering only after a confirmed breakout above 25,020.
Keeping a tight stoploss at 24,840 for risk management. May try near SL or make 2 attempt if necessary.
Booking profits at the projected target zone—never letting greed override discipline.
Reacting quickly if momentum wanes, prioritizing capital protection.
This strategy keeps my trades efficient and minimizes risk while leveraging the power of classic breakout patterns.
Follow for more such inputs.
Technical Chart Analyst - Focus on 🇮🇳 🇺🇸 Markets. Indices | Commodities | Crypto Currencies.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Technical Chart Analyst - Focus on 🇮🇳 🇺🇸 Markets. Indices | Commodities | Crypto Currencies.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.