Nifty50 Index - Intraday Technical Chart Analysis - 13 May, 26Nifty 50 IndexNSE:NIFTYChartPathikNIFTY Nifty 50 Index — Intraday Structure Outlook (15-min | NSE) Next Sharing is Only After 10 Boosts, or Next Monday! (If these levels support your preparation or execution, a quick boost or comment helps maintain structured updates.) Nifty is trading around 23,430.55, currently holding above the Zero Line – 23,380 following a sustained period of bearish pressure. As per image_8de2c0.png, the index has undergone a significant correction from the 23,800 levels and is currently attempting to find a base. Global cues remain mixed as markets digest recent inflation data, while domestic sentiment is focused on the tail-end of the earnings season. A decisive hold above or break below this current decision cluster will dictate the next expansion phase. Bullish Structure Longs activate above 23,601 (Long Entry) sustained acceptance (confirmed further if price recovers and holds well above the 23,380 Zero Line). Targets: 23,632 – first upside objective 23,789 – extended expansion zone Control: Intraday bullish structure weakens below 23,553 (Add Long) Sustained trade below 23,465 (Long Exit) cancels aggressive longs Bearish Structure Shorts activate below 23,505 (Short Entry), especially if the 23,380 Zero Line fails to hold as a support pivot and price loses its recent recovery momentum. Targets: 23,127 – first downside objective 22,970 – extended breakdown zone Control: Immediate short covering required above 23,641 (Short Exit) Bias remains structurally protected below the 23,758 (Sell Till Safe) zone Neutral Zone 23,465 – 23,601 is the decision band. Inside this range, price action is likely to be rotational and driven by liquidity hunts. Given the sharp downward slope seen in image_8de2c0.png, wait for high-volume candle acceptance outside this band before committing to a directional bias. Structure first. Confirmation next. Execution last. No anticipation. No emotional bias. Let price confirm intent.