### πŸ“Š NIFTY 50 – TODAY | 23 OCT
πŸ”΄ Bias: Bearish below 22,948
GIFT Nifty indicates a positive gap-up opening near 22,800–22,840, but global weakness and elevated crude oil prices may limit recovery.
πŸ”Ό Resistance
* 22,706–22,785
* 22,812
* 22,948
* 23,075
* 23,122
πŸ”½ Support
* 22,650–22,605
* 22,555
* 22,372
* 22,306
πŸ“ˆ Above 22,812: 22,948 β†’ 23,075 β†’ 23,122 πŸ“‰ Below 22,605: 22,555 β†’ 22,372 β†’ 22,306
⚑ KEY LEVEL: 22,785–22,812
Plan: The chart shows a weak trend with a small recovery attempt. Sustaining above 22,812 could lead to 22,948; rejection may bring price back toward 22,700 and 22,605. Even with a gap-up opening, wait for the first 15-minute candle to confirm direction.
Chart-based view, not financial advice. Trade with strict risk management.