Nifty & Bank Nifty Technical Analysis
- Nifty 50 support zone: 25,350–25,300, backed by 50-day EMA and Fibonacci retracement.
- Resistance levels: 25,850 (immediate), 26,100 (52-week high).
- Bank Nifty support: 57,500–57,550; a break below 57,500 could lead to 57,300.
- Resistance zone: 58,000–58,100; upside capped unless strong breakout occurs.
🧠 Sentiment Overview
- Market tone: Cautious due to global cues and institutional selling.
- Advance/Decline ratio: Negative for Bank Nifty (4:8), indicating bearish undertone.
- Recovery attempts: Nifty bounced from 25,318, showing resilience.
🏭 Sector Analysis
- Mixed performance: Some sectors showing strength, others under pressure.
- Foreign investor activity: Persistent selling weighing on broader indices.


















