NIFTY LEVELS REVIEW ๐
Today's session was largely range-bound, with the AS Zone acting as the key resistance. ๐ฏ
๐ข NIFTY started on a positive note, moving higher from the lower levels and reclaiming the mid-range.
๐ Buyers pushed the index toward the AS Zone during the morning, but repeated attempts to sustain above it faced selling pressure.
๐ด The rejection from the AS Zone led to a gradual pullback, with NIFTY spending the afternoon consolidating below resistance.
๐ Despite several recovery attempts, buyers failed to produce a sustained breakout, keeping the index inside a defined range.
๐ AS Zone remains the immediate resistance. A sustained breakout above it could open the path toward the Upside Key Level, while weakness toward the AD Zone may emerge if support deteriorates.
๐ฅ Today's structure: Recovery โ AS Zone Rejection โ Consolidation.
1August 21, 2026 56
