Nifty at the Edge: Survival or Collapse?

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Nifty at the Edge: Survival or Collapse? Nifty 50 IndexNSE:NIFTYCharts_by_MaanStocksπŸ“Š NIFTY50 – 30m CHART ANALYSIS CMP: 24,156 πŸ”΄ Resistance: 24,450 – 24,600 πŸ”΄ Support: 24,100 🟒 Intraday Pivot: 24,250 βš–οΈ Price rejected cleanly from 24,600 supply and now forming lower highs. Short-term structure turning bearish after breakdown from range. Currently hovering just above key support β†’ critical zone. Bias: Bearish below 24,250 πŸ‚ Bullish Scenario: Reclaim 24,250 with strength β†’ Move towards 24,450 β†’ Break 24,600 β†’ 24,800 πŸš€ 🐻 Bearish Scenario: Break below 24,100 β†’ Quick fall to 23,900 β†’ Next demand zone 23,600 ⚑ Volume: Selling pressure visible near highs, weak bounce Strategy: Sell below 24,200 or on pullback to 24,250 Buy only above 24,450 breakout Trend Confirmation: Below 24,100 = Strong Bearish βœ