Dalal Street Week Ahead: Can Nifty defend the 23,000 support zone?

Nifty enters the week in a corrective, range-bound setup, with 23,000–23,100 emerging as crucial support and 23,500 as the first resistance. Weak momentum indicators and subdued volatility suggest cautious trading. A sustained move above 23,500 could support a rebound, while a break below 23,000 may deepen the correction.