Nifty 50 Index (Intraday/Short-Term View)

🔹 Type of View: Intraday / Short-Term Setup 🔹 Index: Nifty 50 🔹 CMP: ₹24,713 🔹 Key Support Zones: 📍 First AVWAP Support: ₹24,713 (holding currently) 📍 Next AVWAP Cluster: ₹24,218–₹24,071 (Strong bounce zone) Nifty is currently testing the first AVWAP support, derived from recent swing low anchoring. If this zone holds, we may see a short-term bounce. If broken, price could retrace to the next confluence zone near ₹24,218–₹24,071 — where two anchored VWAPs intersect, offering high-probability long entries. 📌 Trade Idea (for learning purpose only): Watch for bullish price action or volume spike near these levels to enter a bounce trade with tight SL below AVWAP cluster.