💼 FII Activity
FIIs sold more than ₹3700 crores in the cash market.
In the futures segment, they added fresh index shorts, covered a significant portion of index call shorts, and reduced index put positions.
This indicates a continuation of bearish positioning, though with some hedging adjustments.
🌍 Global Sentiment
Global cues remain neutral, with no major market showing notable weakness.
Interestingly, the ongoing bearish trend in China is indirectly benefiting India as ETF flows may shift toward Indian markets, making India relatively attractive to FIIs.
📉 Market Structure
Price action suggests consolidation.
Unless FIIs start unwinding shorts and shift to long positions, a meaningful bullish trend will be difficult to sustain.
🧭 Key Levels to Watch
Nifty → Support: 25,750 | Resistance: 26,000
Breakout on either side can trigger 1–2% quick move.
Bank Nifty → Support: 58,500 | Resistance: 59,600
A move outside this range can also result in sharp 1–2% momentum.
⚠️ Our View
Yesterday’s strong rebound in midcap & smallcap index has brought relief to retail participants.
However, caution is still essential — trade only with strict stop-loss and avoid aggressive risk-taking until clear directional confirmation emerges.