Nifty Technical Update
• 📉 Bearish candle with long wicks = High intraday volatility
• 🔽 Lower high, lower low formation = Downtrend intact
• 🛑 Key Support: 21,800–21,500 (swing lows, trendline, 100W EMA)
• 🔄 Potential Base: 21,500–22,800 if support holds
• 🚀 Trend Reversal? Needs higher high, higher low on daily chart
• 🔼 Resistance: 22,800–23,000 (short-term supply zone)
Nifty Technical Update
