### Nifty 50 – Bearish ScenarioNifty 50 IndexNSE:NIFTYshiva560060Nifty 50 is showing signs of a short-term bearish setup after failing to sustain the recent move toward the **24,600–24,700** zone. The chart structure suggests a sequence of lower highs, with the projected move indicating a possible decline toward the major **23,100–23,150 support zone**. A break below **23,800–23,900** could strengthen the bearish momentum and increase the probability of testing the lower support. However, the **23,100 area is a key demand/support zone**, where a meaningful bounce could develop. If Nifty decisively breaks and sustains below this support, the bearish structure would strengthen further; conversely, a strong move back above **24,300–24,400** would weaken this bearish view. **Idea Rating: 8/10** — The support/resistance structure and projected price path are reasonably well-defined, but the bearish projection remains conditional on confirmation from price action. Disclaimer: This is a technical-analysis-based market view for educational purposes only and is **not investment advice or a recommendation to buy or sell**. Markets are uncertain, and the projected path may not occur. Please conduct your own analysis and use appropriate risk management before taking any trading position.