NIFTY 50 | Critical Levels & Gap-Fill Zones in Play!

Nifty 50 continues to react strongly to key levels, but the overall structure still remains in correction mode. Let’s break it down:

White Lines (DTF Trendlines) ⚪:
2 key support lines and 1 counter-trendline (CT).
The DTF CT (near-term resistance) is around 500 points away from CMP, making it the next big test for bulls.

Blue & Yellow Trendlines (WTF & MTF Support) 📉:
A cluster of support created a bounce, but not as strong as past recoveries seen in 2023 or early 2024.
Despite FII selloffs & global stress, technical levels are holding up well!

Gap Zones (Blue Boxes) 📦:
The nearest gap got filled, and the next one sits just below our DTF white CT.
This could act as a magnet for price action in the near term.

Gap Down Fill Candles :
A few gaps got filled in a single session, showing bullish pressure at lower levels.
But, without a higher high - higher low structure or a DTF white CT breakout, the index stays in a corrective phase.