NIFTY: Breakdown → Pullback at Pivot Zone

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NIFTY: Breakdown → Pullback at Pivot ZoneNifty 50 IndexNSE:NIFTYkacrajNIFTY is currently reacting after a sharp breakdown, now testing the 24,800–25,000 pivot zone. Structure remains weak as long as price stays below this zone. Key observations: • Breakdown followed by pullback • Reaction at pivot • No confirmed strength yet Key zones: – 25,700–26,400 → Resistance – 24,800–25,000 → Pivot – 23,100–23,300 → Immediate support – 21,700–22,200 → Support zone Insight Breakdowns often retest before continuation or transition. Disclaimer This analysis is for educational purposes only. It reflects market structure, not financial advice. #NIFTY #Nifty50 #MarketStructure #PriceAction #TechnicalAnalysis #TradingView #StockMarketIndia #EWAVESJOURNAL