If you are new to Stock trading, you may hear the term "Nifty Breakout" quite often.

It just simply means that, Nifty has broken past Critical Support or Resistance levels. It can be Fibonacci levels, EMA levels (50 day EMA or 200 day EMA) and so on.

Below is a technical indicator chart for Nifty that would help you understand what a breakout means. It can be an upside breakout or downside breakout.

Key Indicators to watch in the below Chart are EMA Lines, SAR Indicator and RSI levels