Nifty (Current: 23,414) Market Bias: Short-term Bearish / Trend Continuation. Immediate Pivot Level: 23,600 Technical Strategy: Short Side: Maintain short positions or look for selling opportunities as long as the index trades below 23,600. This level acts as a primary overhead resistance zone. Long Side (Conditional): Fresh long positions should only be initiated if Nifty manages a sustained breakout and close above 23,600, which would invalidate the immediate bearish bias and trigger trend reversal momentum. Bank Nifty (Current: 56,470) Market Bias: Bearish Pressure / Defensive. Immediate Pivot Level: 57,000 Technical Strategy: Short Side: The heavy banking index is under selling pressure, favoring short positions while staying below 57,000. Long Side (Conditional): Bulls should stay on the sidelines unless a decisive breakout occurs above 57,000, signaling a shift in market structure back toward an upside trajectory. Fin Nifty (Current: 25,524) Market Bias: Bearish / Resistance-Bound. Immediate Pivot Level: 25,800 Technical Strategy: Short Side: Financial services index remains weak, making short positions favorable under the 25,800 threshold. Long Side (Conditional): Long entries are strictly restricted unless prices clear and hold above 25,800. F&O top gainer was :

PATANJALI

#Pre-OpeningCommentary#TechnicalViews#IndexStrategies

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