Nifty looks like a strong buying opportunity in the 23,766–23,800 zone. Why? • This area acts as a gap-fill zone and retest support. • Put writing is active around 23,800, which could provide support and trigger an upward push. • PCR at 0.68 is at a comfortable level, indicating a relatively balanced setup. If the 23,766–23,800 support zone holds, Nifty could potentially move towards 24,000–24,200. Key Zone: 23,766–23,800 → Buy Zone | Targets: 24,000 / 24,200
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