NIFTY Aug 24–28: Below Equilibrium — 24,133 & 24,365 Major TestNifty 50 IndexNSE:NIFTYNeuralMarketsNIFTY enters the week of August 24–28 at 24,252, below the model’s weekly equilibrium at 24,365–24,422. More importantly, Friday’s close leaves the index almost directly on top of the Lower Predictive Rail near 24,247. That creates a clearly defined starting point for the week. The first question is not whether NIFTY can immediately begin a new rally. It is whether the market can hold the lower boundary and reclaim the 24,365–24,422 equilibrium, or whether Friday’s weakness develops into a larger downside expansion. A recovery toward 24,365–24,422 would bring NIFTY back toward the center of the weekly forecast distribution. Acceptance above this area would improve the structure and shift attention toward 24,484.Above 24,484, the Upper Predictive Rail near 24,598 becomes the more important upside boundary. A sustained move through 24,598 would indicate that buyers have successfully moved NIFTY through equilibrium and into an upside expansion. If that happens, 24,716 becomes the next major objective. Beyond that, the weekly upper extreme sits near 24,835. On the downside, 24,247 is immediately important. NIFTY closed Friday at 24,252, only a few points above the Lower Predictive Rail. A sustained break below 24,247 would indicate that price is moving away from equilibrium rather than simply trading below it. The next downside level sits near 24,133. If that level also fails, 24,014 becomes the next major expansion level. Below 24,014, the weekly lower extreme sits near 23,782. Movement toward this area would represent a substantial downside expansion into the lower end of the week's forecast distribution. Weekly Decision Map Upper Decision Area: 24,484–24,598 Upside Path: 24,716 Upper Extreme: 24,835 Equilibrium: 24,365–24,422 Lower Decision Level: 24,247 Downside Path: 24,133 → 24,014 Lower Extreme: 23,782 Final Read NIFTY begins the week below equilibrium and almost exactly at its first major downside boundary. That makes 24,247 and 24,365–24,422 the most important areas initially. A recovery and acceptance above the 24,365–24,422 equilibrium would indicate that Friday’s weakness is being absorbed and would bring 24,484, followed by 24,598, back into focus. Failure to reclaim equilibrium would keep the weekly structure weak. A sustained break below 24,247 would provide stronger evidence that downside expansion is developing and shift attention toward 24,133 and then 24,014. NIFTY has very little room before testing the lower boundary of the weekly distribution, while the equilibrium sits only around 100–170 points overhead.The market’s response between 24,247 and 24,422 should provide the first important indication of whether Friday’s weakness extends into a larger downside move or develops into a rotation back toward weekly equilibrium.