#nifty


📊 NIFTY 50 — Daily Outlook
NIFTY is currently trading near a key resistance zone on the daily timeframe. The price action is showing hesitation around this resistance, while today the volume structure is not supporting a strong bullish breakout.
📉 Our view: The current setup indicates a higher probability of a gap-down opening tomorrow, followed by increased volatility.
🔴 Resistance: 24,041–24,178
🟢 Support: 23,635–23,803
🟠 Major Support: 23,250–23,377
Key Levels to Watch:
A sustained move above 24,178 could negate the immediate bearish setup and open the door toward higher levels. On the downside, a break below 23,803 may increase selling pressure toward the 23,635–23,377 zone.
⚠️ Stay cautious at the open. Let the first few candles confirm the direction before taking any aggressive position. NFA
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