10/06/2026
๐ NIFTY ANALYSES: Key Levels & Structure You Can't Ignore! ๐
โThe market is showing some fascinating moves! Today, Nifty closed around the 23,216 level. The big question is: where is it heading next? Let's break down the chart structure, key resistance, and crucial support levels you need to watch. โฌ
โ๐งฑ The Upside: Resistance & Targets
โRight now, 23,230 is acting as a strong resistance.
โIf Nifty manages to hold and sustain above 23,230, we could see a rally toward these potential targets:
โ๐ฏ Target 1: 23,310
โ๐ฏ Target 2: 23,380
โ๐ฏ Target 3: 23,460
โ๐ฏ Target 4: 23,520
โ๐ Final Target: 23,600
โ๐ก๏ธ The Downside: Crucial Support Levels
โOn the flip side, the most critical support to keep an eye on is 23,150.
โโ ๏ธ Watch out: If Nifty breaks below the 23,200 level, the bears might push it down to these targets:
โ๐ First Target: 23,150
โ๐ Final Target: 23,070
โ๐ Market Structure & Option Chain Insights
โThe Big Picture: If you analyze Niftyโs current structure, it is consistently forming a Higher High and Higher Low pattern. This means the overall market structure is still BULLISH! ๐โจ
โCall Side (Resistance): The maximum Call Open Interest (OI) is sitting at 23,400 and 23,500.
โPut Side (Support): On the downside, heavy Put Writing is visible at 23,200 and 23,000, making these very strong support zones.
โ๐ Action Plan: Mark all of these critical levels on your charts and trade carefully according to the data!
โ๐ฌ Whatโs your move for the next session? Are you bullish or bearish? Drop your views in the comments below! ๐
โ๐ Don't forget to LIKE, SHARE, and FOLLOW for daily market updates!
๐ฅThis video is only for learning and educational.
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