Nifty 50 - 27-07-2026 viewNifty 50 IndexNSE:NIFTYAnki_89Current upmove is Wave 4 correction which broken 38%, but to make this upmove wave 4, immediate selling has to happen fast. Wave 4 looks goes up either as interal ABC or internal impulse. If wave 4 internal was completed as ABC then we can see fall below 23600 or even 23400 below. If wave 4 internal was completed as impulse wave then fall will restrict till 23740-23711 around level and then one more upmove will take nifty again to 23960-24000 level and then wave 5 selling can happen from there. Invalidation:- if sustain on above 23955 level for 1 Hours then this view will be invalidated.