Market AnalysisTuesday, 1 September 2026 · 5 min read
Market Impulse
Nifty falls to 24800 in opening trade.
HPHarsh Patel · FounderSEBI Registered Research Analyst · INH000024675
As of 17:43 IST
Spot Now
23800
Support Zone
2600-23500
Resistance
24000
Upside Scenario
24000
Trend Decider
23000
As of 09:35 IST, 2 Sept
Nifty opens lower and gets sold off to 23800, -260 point fall from CAS closing of 24055, which didnt hold as per our observation from market wrap.
We have been warning of the expanding volatility since last week.
Today the market has resumed down trend after a larger triangular consolidation.
- 23000-22500 is theoretical target on the down side
- 24000 becomes key resistance zone
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