Nifty 50 Weekly Outlook ( 22nd June – 26th June 2026)Nifty 50 IndexNSE_DLY:NIFTYALICEBLUEThe Nifty 50 Index closed the week at 24,044.20, gaining +18.30 points (+0.08%), indicating that the index continues to trade above the key price action zone while maintaining a cautiously bullish structure. 🔹 Key Levels for the Upcoming Week 📌 Price Action Pivot Zone (23,888–23,978) This blue-shaded area represents the crucial weekly decision zone. As long as Nifty sustains above this range, the overall trend remains positive. A decisive move above the immediate resistance could extend the ongoing rally, while a breakdown below the pivot may invite fresh selling pressure. 🔻 Support Levels S1: 23,648 S2: 23,333 S3: 23,000 🔺 Resistance Levels R1: 24,133 R2: 24,335 R3: 24,571 📈 Market Outlook ✅ Bullish Scenario: If Nifty sustains above the Price Action Pivot Zone (23,888–23,978) and breaks above R1 (24,133), bullish momentum could accelerate toward R2 (24,335). A sustained breakout above this level may open the path toward R3 (24,571). ❌ Bearish Scenario: If the index fails to hold the 23,888 support zone, selling pressure may drag Nifty toward S1 (23,648). A breakdown below this support could extend the decline toward S2 (23,333) and eventually S3 (23,000). Disclaimer: https://aliceblueonline.com/legal-documentation/disclaimer