NIFTY 07APR26 22800 CE

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NIFTY 50 presents tactical buy-side opportunity at key support zone 22,400-22,500 after yesterday’s 1.56% rebound from 22,618 lows, with RSI rising towards 40 signaling improving momentum and oversold exhaustion despite bearish MACD sell signals and short-term EMAs resistance cluster ~23,000. Critical support confluence (200DMA + Fib 61.8% retracement) alongside bullish PCR (0.93) and falling VIX confirms accumulation setup targeting R1 22,800-23,000 resistance (1.5-2% upside) on sustained 22,650 pivot break with defensive sector rotation amid Iran tension volatility.Warning-

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