I was spot-on about the 23,900 level acting as a strong support for Nifty. Following yesterday’s sharp fall, the index found stability around this critical level and rebounded with a noticeable pullback today. This highlights the significance of 23,900 as a key psychological and technical support zone, where buyers stepped in to halt further decline and drive the recovery. The market’s reaction from this level reaffirms its strength as a pivotal area for price action.
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