Nifty outlook: Can the index defend the crucial 23,000 level?
The Nifty index faced its sixth consecutive weekly decline, testing the crucial 23,100–23,000 support zone. Analysts suggest a Bear Put Spread strategy for the September 22 expiry, with potential profits of ₹8,450 per lot. Market trends remain uncertain, and traders are advised to watch for further developments in the coming weeks.