Nifty: Breakdown Structure in Play

Nifty has entered a breakdown structure around 23,460. Sustaining below this level could lead to a test of the 22,700 zone.

Bulls may regain strength only if Nifty reclaims the 23,500 area. Watch these levels closely for the next move.

Disclaimer:
This analysis is for informational purposes only and not financial advice. Conduct your own research or consult a financial advisor before making trading or investment decisions.