⚠️ NIFTY Approaching Key AVWAP Support Zone – Crucial Level to Watch!

The NIFTY Index is showing signs of weakness as it pulls back after recent highs, but a critical demand zone is forming between 24,100 – 24,250. Technical View: The index is approaching a confluence of support formed by the orange AVWAP line and previous breakout zone. This zone has acted as a base before a sharp move up – expect buyer interest to re-emerge if retested. The blue highlight box marks the potential reversal area, where price could stabilize and resume upward momentum. Traders should watch for bullish candles or volume spikes near this area for a low-risk entry setup.