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#NIFTY50
📊 Nifty 50 – Next Week Technical Outlook
Nifty 50 is currently showing strong bearish momentum after rejection from the supply zone near 26,300 levels. The index has broken key support and is trading below important moving averages, indicating continued weakness.
🔻 Downside Levels: Immediate support is around 22,300, and a breakdown below this could push the index towards 21,500 zone.
🔺 Upside Scenario: Any pullback towards 24,000 – 24,800 may face resistance and could be used as a selling opportunity unless strong bullish confirmation appears.
💡 Overall trend remains bearish, we should watch for price action near demand zones for potential reversal or continuation.