Bears Taking Control ? Nifty 50 IndexNSE:NIFTYrahul25NIFTY is showing weakness on the 15-minute chart, hourly chart even daily chart as price continues trading below both EMAs, indicating bearish momentum. A sharp breakdown with strong volume confirms seller dominance, while the 23400–23260 demand zone is now the key area to watch. If buyers defend this zone, a short-term bounce is possible, but a breakdown below it may trigger further downside pressure.