NIFTY LEVELS REVIEW ๐
Today's session turned sharply bearish, with NIFTY breaking through multiple predefined support levels. ๐ฏ
๐ด NIFTY initially traded near the AS Zone, but strong selling quickly pushed the index below the zone.
๐ The decline accelerated through the AD Zone and Downside Key Level at 24,092, confirming strong bearish momentum.
๐ป NIFTY then moved into the Lower Extreme Range, where buyers attempted to stabilize the fall.
๐ Recovery attempts remained weak and failed to reclaim the Downside Key Level, keeping sellers firmly in control.
โ ๏ธ The index spent most of the afternoon consolidating inside the Lower Extreme Range, with volatility remaining elevated near the lows.
๐ The Lower Extreme Range now remains the key support area, while 24,092 becomes the immediate resistance. Reclaiming this level could improve sentiment, while continued trading below it may keep downside pressure active.
1August 19, 2026 61
