CAN NIFTY TOUCH 18000 LEVELS OR REBOUND FROM 21700

NIFTY has broken below the crucial 22,200 support zone, marking an important development from a technical perspective. The 22,200 level had been acting as a key support area, and its breakdown suggests that selling pressure is gaining momentum across the broader market. If NIFTY continues to sustain below this zone in the coming sessions, the index could witness further downside and may test the next important support levels. Traders should therefore remain cautious and avoid aggressive fresh long positions until a meaningful reversal or strong buying interest emerges. The immediate trend is likely to remain under pressure as long as the index trades below 22,200. Any recovery above this level, accompanied by strong volumes and sustained buying, would be important for improving the near-term structure. For now, market participants should closely monitor price action around the breakdown zone and manage risk carefully, as volatility could remain elevated in the coming sessions.