After completing a complex W-X-Y corrective structure, Nifty appears to have started a fresh impulsive move.

🔹 Current View:

Wave (2) looks completed around the recent swing low.
Price has reclaimed key resistance and is showing bullish momentum.
As long as price holds above 24,090, the bullish structure remains valid.

🎯 Upside Projection:

Primary target: 26,575 (Potential Wave (3) completion zone)
This implies a strong impulsive rally if momentum continues.

❌ Invalidation:

Sustained move below 23,613 would invalidate this bullish wave count.

Key Levels

✅ Support: 24,090
❌ Invalidation: 23,613
🎯 Target: 26,575

⚠️ This is an Elliott Wave-based analysis and represents a probability scenario, not a certainty. Always wait for price confirmation and follow proper risk management.

#NIFTY #NIFTY50 #ElliottWave #TradingView #PriceAction #WaveAnalysis #SwingTrading #TechnicalAnalysis #NSE #MarketOutlook