Nifty is trading range-bound with a bearish bias below 23,500–23,860 resistance, while 23,000–23,100 acts as crucial support. Analysts suggest a move above 23,500 could revive buying, with a breakout above 23,860 strengthening the bullish case. Selling persisted, with RSI showing a bearish crossover and call writers outnumbering put writers.
Nifty is trading range-bound with a bearish bias below 23,500–23,860 resistance, while 23,000–23,100 acts as crucial support. Analysts suggest a move above 23,500 could revive buying, with a breakout above 23,860 strengthening the bullish case. Selling persisted, with RSI showing a bearish crossover and call writers outnumbering put writers.
<iframe src="https://hindustansphere.com/embed/cluster/cfa63939ee2bd57a3e5998a6c4ca7f03885f6843" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Tech View: Support at 23,000–23,100 zone remains critical for Nifty Bulls"></iframe>
