Nifty Market Outlook for Monday | 27 April 2026Nifty 50 IndexNSE:NIFTYCharts_by_MaanStocks📊 NIFTY50 — 1H CHART ANALYSIS ━━━━━━━━━━━━━━━ 📍 CMP: 23,904 🔴 🔴 Resistance: 24,100 → 24,600 🟢 Support: 23,600 → 23,300 ━━━━━━━━━━━━━━━ 🐂 Bull Case: Reclaim 24,100 with strength → Short covering move → Targets: 24,300 → 24,600 🚀 No bullish strength unless this level is taken ━━━━━━━━━━━━━━━ 🐻 Bear Case: Sustain below 24,000 → Continuation of downtrend Targets: → 23,700 → 23,600 (key demand) Break 23,600 → Sharp fall → 23,300 ⚡ ━━━━━━━━━━━━━━━ ⚡ Key Level: 24,100 Reclaim = relief rally Rejection = continuation down ━━━━━━━━━━━━━━━ Smart Money View: Liquidity taken on upside near 24,600 ✔️ Now market shifting to sell-side liquidity Weak structure → sellers in control Drawdown phase active ━━━━━━━━━━━━━━━ Strategy: ✔️ Sell on pullback near 24,000–24,100 ✔️ Intraday shorts below 23,800 ❌ Avoid buying till structure shifts ━━━━━━━━━━━━━━━ Bias: Bearish Downtrend intact — focus on selling rallies. 📉