Nifty AnalysisNifty 50 IndexNSE:NIFTYvickshikNifty continues to trade below a well-defined descending trendline, keeping the short-term bias bearish. Immediate resistance is placed at 24,060–24,080, while 24,020–24,000 remains a crucial support zone. Bullish Setup: A sustained move above 24,080 could trigger a rally towards 24,120–24,160, with 24,200 as the next resistance. Bearish Setup: If Nifty breaks and sustains below 24,000, it may extend the decline towards 23,960–23,900. My View: The trend remains weak until the descending trendline is broken convincingly. I prefer to wait for a confirmed breakout or breakdown rather than anticipating the next move. Trading Suggestion: Avoid trading during the first 15–20 minutes. Follow price action, trade only after confirmation, use strict stop-losses, and avoid overtrading in a volatile market. Education purpose only and not financial advice.