The positive chart pattern like higher tops and bottoms is intact on the daily chart and the Nifty is currently forming a new higher top of the sequence. A decisive move above 21,850 level is expected to nullify the present bearish effect and that could open more upside for the near term.
Dalal Street Week Ahead: Weak technical setup to keep bulls under pressure
The technical structure has deteriorated following the violation of the important 23,900–24,000 support zone. This area had provided support during the recent consolidation but will
September 12, 2026