NIFTY 15M – Bearish Channel Breakdown, Watch 23,530 SupportNifty 50 IndexNSE:NIFTYvickshikNifty has broken below a descending channel on the 15-minute timeframe. The index is currently testing the key support zone around 23,530. A sustained move below this level may open the door for further downside towards 23,450–23,400. On the upside, 23,650 remains the first resistance, followed by the channel retest zone near 23,750–23,800. Bullish Scenario: Hold above 23,530 and reclaim 23,650. Bearish Scenario: Close below 23,530 for continuation of downside momentum. Education purpose only and not a financial advice