Nifty50: Fibonacci Golden Zone Rejection — Key Levels to WatchNifty 50 IndexNSE:NIFTYVikasBajajICTNifty50 faced rejection from the Fibonacci Golden Zone, specifically around the 61.8% retracement level of the previous swing at 24,766. The broader bias can remain bullish as long as Nifty sustains above 24,766. However, price is now approaching an important support zone at 24,321. Key Levels 24,766 — 61.8% Fibonacci level / Major resistance & bullish trigger 24,321 — First support 24,042 — Gap Imbalance / Next support 23,800 — Major lower support Market Outlook If Nifty holds above 24,321, a recovery toward higher levels remains possible. However, a decisive breakdown below 24,321 could increase selling pressure, with the next downside levels at 24,042 and 23,800. Key takeaway: 24,321 is the immediate level to watch. Above it, the index may attempt a recovery; below it, downside levels become increasingly relevant. This is a technical market view based on Fibonacci structure, support/resistance and price imbalance. Not financial advice. #Nifty50 #Nifty #IndianStockMarket #TechnicalAnalysis #Fibonacci #PriceAction #SupportResistance #SwingTrading #TradingView #StockMarketIndia