Nifty Analysis for Thursday | 23 April 2026Nifty 50 IndexNSE:NIFTYCharts_by_MaanStocksNIFTY 50 ANALYSIS: THE BATTLE AT 24,350 📉⚖️ Nifty 50 faced a sharp rejection from the 24,600 resistance zone. Currently, it's hovering near a vital support floor. 🏛️ 📊 MARKET SNAPSHOT Closing Price: 24,367.65 (-0.81%) Trend: Bearish retracement in progress. 📉 Volatility: Rising VIX suggests caution. ⚠️ 🎯 KEY EXECUTION LEVELS 🚀 BULLISH CASE (Long Setup) Trigger: Strong sustain above 24,450. Targets: 24,600 — 24,750 — 25,000. Logic: If bulls defend 24,350, expect a "V" recovery back to the supply zone. 📉 BEARISH CASE (Short Setup) Trigger: Breakdown below 24,300. Targets: 24,200 — 24,100 — 24,000. Logic: Breaking today's low will open the gates to the major 24,100 demand area.