NIFTY Futures: 23775 Breakdown, 23800 Reclaim NeededS&P CNX NIFTY INDEX FUTURESNSE:NIFTY1!AlphaAdeptNIFTY1! futures rejected the 23845-23855 day-high sell reaction zone and has now broken below the 23775 breakdown line. That changes the map from a neutral breakout setup to an active breakdown / failed-reclaim setup. Current structure: - 23780-23790 is now the VWAP / pivot retest zone from below. - 23800-23812 was demand; after breakdown, it must be reclaimed to cancel downside pressure. - 23845-23855 remains the upper sell-reaction zone. Breakdown plan: - Below 23775, longs are invalidated. - A weak bounce into 23775-23790 / VWAP is a retest area, not a fresh long by itself. - If that retest rejects, downside target zone is 23700-23680. - If 23700-23680 holds, cover / reduce shorts and wait for a fresh base. - Breakdown invalidates only if futures reclaims 23795-23812 and holds above VWAP. Upside reversal plan: - Long trigger only returns above 23860. - Upside targets: 23895 first, then 23920 before the larger 24000 call wall. Educational view only, not financial advice.