#nifty


📊 NIFTY 50 — Daily Outlook
War and ease in oil -related developments are currently supporting market sentiment, helping NIFTY maintain strength and push toward the higher side. Technically, the index is forming a potential A-B-C structure, with Support-1 around 23,650–23,800 acting as a key base.
A sustained move above the 24,300–24,420 resistance zone could open the door toward 24,880–24,975 (Supply Zone-1).
⚠️ However, geopolitical news remains a key risk factor. Any sudden negative development could trigger volatility and profit booking.
Key Levels:
🟢 Support: 23,650–23,800
🔴 Resistance: 24,300–24,420
🎯 Upside Zone: 24,880–24,975
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