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Nifty 50 – Weekly Outlook 📊
Nifty is facing strong rejection from the 26,300 supply zone, and momentum has clearly shifted bearish on the weekly structure. After completing wave (B), price is now in ' c ' Wave impulsively toward lower support levels.
🔻 Immediate Support: 23,100 – 22,800 zone
If this range fails, next downside levels come around 22,300 - 21,500.
📉 Structure suggests continuation toward the Monthly Demand Zone (21,500–20,400) if selling pressure persists.
Bias for next week: Sell on rise