NIFTY 50 – Testing Pivot After Demand Reaction | Structure StillNifty 50 IndexNSE:NIFTYkacrajNIFTY is currently trading within a corrective structure, reacting from immediate demand and now testing the pivot zone. The broader context remains unchanged — this is still a counter-trend bounce unless proven otherwise. Structure: Corrective phase Key Levels: 🔴 Supply: 23600–23750 → Primary reaction zone 23850–24000 → Liquidity / exhaustion zone 🔵 Pivot: 23350–23450 → Decision level 🟢 Demand: 23100–23200 → Immediate reaction zone 🟣 Structural Shift: Above 24000 → Acceptance signals possible shift Behaviour to Watch: • Below pivot → bearish pressure remains intact • Acceptance above pivot → move toward supply zones • Rejection at supply → continuation of corrective structure • Break below demand → continuation lower Note: This is a decision zone environment, not a prediction setup. Reaction + confirmation defines direction. Disclaimer: For educational purposes only. Not financial advice. #NIFTY #Nifty50 #MarketStructure #PriceAction #ElliottWave #TradingView #StockMarketIndia