Nifty breaks 23,600 — is the 23,175 gap fill next? 📉
Key takeaways from today’s session:
• Global Headwinds: US–Iran jitters, Brent crude spike, and Dow confirming a multi-month trendline breakdown.
• IT Drag: Nifty IT drops over 3.2% with heavy pressure across majors.
• Levels to Watch: After a gap-down, Nifty consolidated between 23,470–23,550 and closed near the day's low.
• Midcaps 150: Showing relative resilience with a Doji structure, but a slip below 22,900 opens up a quick gap-fill risk.
Detailed chart setup & outlook in today's video 👇