Nifty Analysis – Key Support & Resistance Zones
🔹 Support Zones (Green):
22,935 - 22,926: Strong support area where buyers may step in. A break below this level could lead to further downside.
🔹 Resistance Zones (Red):
23,296 - 23,317: First major resistance zone.
23,382 - 23,400: Another key resistance area.
23,440 - 23,479: Strong resistance—breakout above this could signal bullish momentum.
📊 Current Trend:
✅ Trading Plan:
Bullish Scenario: Watch for a breakout above 23,153 for a potential move toward 23,296+.
Bearish Scenario: A breakdown below 23,019 could push the price toward 22,935 - 22,926.
📢 Keep an eye on price action near these levels and manage risk accordingly!
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