📉 Market Outlook – 29 July 2025

Markets continued to slide for the 3rd straight day. Nifty closed at 24,680 & Bank Nifty at 56,084 — both facing resistance near key option levels. 🔹 Nifty Resistance: 24,800 | Support: 24,500 Outlook: Sideways to Negative Strategy: Sell below 24,709. Buy only above 24,767. 🔹 Bank Nifty Resistance: 57,000 | Support: 56,000 Outlook: Weak bias Strategy: Sell below 56,151. Bulls may try above 56,287. 💡 OI Data Insight Nifty: Max Call at 24,800, Max Put at 24,000–24,600 → Resistance heavy Bank Nifty: Max Call at 57,000, Max Put at 56,000 → Narrow range 📊 Futures Action Nifty saw short build-up; Bank Nifty showed short unwinding. Caution advised. ⚠️ Why Market Fell Weak Q1 earnings (Kotak down 7%) Delay in India–US trade deal

layoffs hit IT sentiment Persistent FII selling Technical breakdown below key levels 📉 Sector View Losers: Realty, Media, Financials, IT Outperformers: Pharma, FMCG 🏅 Gainers: , , 📉 Losers: , , TCS 🔚 Final Word Bias stays bearish unless Nifty reclaims 24,800. Avoid aggressive longs. Focus on intraday setups with strict risk control.