NIFTY50 30 MIN CHART ANALYSIS

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NIFTY50 30 MIN CHART ANALYSIS Nifty 50 IndexNSE:NIFTYSANJAYPATIDAR_📊 NIFTY – 30 MIN CHART ANALYSIS Nifty is consolidating after a sharp recovery from the 22,200–22,250 demand zone, where buyers have defended the index multiple times. 🔹 Immediate Support:22,480–22,500 🔹 Major Support: 22,300–22,350 (Gap + Swing Low) 🔹 Immediate Resistance: 22,780–22,810 (Minor Supply + DTF EMA) 🔹 Major Resistance: 23,050–23,100 (Supply Zone + Daily EMA) 📌 What to Expect? After facing rejection near the 22,700–22,750 zone, Nifty is holding around the 22,600 level and its 30-minute EMA. As long as the immediate demand zone holds, another attempt toward 22,780–22,810 is possible. However, the broader trendline and overhead supply zones continue to act as resistance. ⚠️ Trading View: - Sustained breakout above 22,810 may open the door for further recovery. - A breakdown below 22,480 could trigger renewed selling toward 22,300. - Until a decisive breakout occurs, expect a range-bound move with selling pressure near resistance.