Market AnalysisTuesday, 1 September 2026 · 5 min read
Market Wrap
Nifty breaks Trend line support and 24000 and yet it has not breached 24000 due to CAS closing at 24055.
HPHarsh Patel · FounderSEBI Registered Research Analyst · INH000024675
As of 17:43 IST
Nifty’s close at 24055 after breaking 24000 in intraday makes it interesting for tomorrow;
- We have observed CAS bounce generally don't hold next day, but if Nifty makes exception we may see a bounce to 24250-24300 levels.
- 23000-22500 is theoretical target on the down side if Nifty slips below 24000.
- In either direction we may see some action in the second half of the week and momentum may pickup in coming week.
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