Analysis

Nifty 50 has held support at 22,182.55 and advanced from the entry at 23,643.5. This shows a bullish bias with the setup targeting a continuation of the uptrend toward 27,180.9. A drop below 22,182.55 would invalidate the view and signal a likely return to the downside.

The weekly chart shows a completed corrective sequence into wave C at the low, followed by an initial advance as wave (1) and a subsequent pullback as wave (2). This structure supports the expectation of further upside in wave (3) toward the projected level. The bullish count remains valid above the noted stop.

Wave: (3)