*Nifty this week: Will it climb or fall? 📊 🇮🇳* *📈 Technical Analysis* ◻️ *Falling Wedge pattern* on the daily chart (bullish signal) ◻️ *Three Black Crows candlestick pattern* in the last three sessions (bearish sentiment) ◻️ The bearish pattern is significant as it has formed near the trendline resistance, suggesting a potential pullback toward the 23,000 level. *✍️ OI Data Analysis* _◻️ Immediate resistance - 23,600 level (Highest Call writers)_ _◻️ Strong support - 23,200 (Highest Put writers)_ *🔎 Possible Next Move* ◻️ If the index opens with a slight gap-up below 23,600, selling pressure is likely to continue in the coming week. ◻️ Even with a significant gap-up above 23,600, a bearish scenario may persist. ◻️ For a confirmed trend reversal, the index must decisively break and hold above the 23,800 level. *Read the full analysis 👇* https://in.tradingview.com/chart/NIFTY/BrEXVDe2-The-Nifty-50-Dilemma-Which-Way-Will-the-Index-Swing/