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$NIFTY
#NIFTY50 - Technical View (Daily Chart)
#Nifty closed near 23,548, facing immediate pressure below the 23,900–24,000 zone.
Key resistance remains at 24,284–24,767 (weekly resistance supply zone).
Immediate support is placed at 23,390–23,100. A break below this area could extend weakness toward 22,690–22,450.
The chart structure suggests a corrective ABC pattern, with 23,100–23,390 acting as a crucial demand zone.
A sustained move above 24,284 would improve bullish momentum and open the path toward 25,500+.
Bias: Neutral to bullish above 23,100; stronger uptrend confirmation only above 24,284.(NFA)