NIFTY Trading Between No Trading Zone (24,800–24,140)

Current Zone:
- NIFTY is trading between the No Trading Zone of 24,800 (Resistance) and 24,140 (Support).
Market Fall:
- NIFTY has declined by 11.47% from its recent top, indicating significant bearish momentum.

Fibonacci Resistance:
- At the 24,800 level, there is strong resistance at the 0.50 Fibonacci Retracement level.

On-Balance Volume (OBV):
-OBV is declining, signaling a lack of accumulation or buying pressure in the market.

Relative Strength Index (RSI):
- RSI is below 50, reflecting weak momentum and bearish bias.

Trading Levels
- Upside Scenario: Buy Above 24,800
- Downside Scenario: Sell Below 24,140