💼 FII Activity
FIIs sold ₹2,700+ crores in the cash market.
In F&O, they added fresh index shorts and increased index put longs, clearly indicating a bearish bias for now.
🌍 Global Sentiment
Global sentiment is neutral to negative due to:
• Profit booking in US markets
• Higher commodity prices adding pressure on risk assets
📉 Market Structure
Index movement remains steady despite selling pressure.
PCR has slipped below 0.7, indicating the market is short-term oversold, which may trigger a temporary bounce today.
🧭 Key Levels to Watch
Nifty:
• Support: 25,750
• Resistance: 26,200
Bank Nifty:
• Support: 58,500
• Resistance: 59,600
A move beyond these zones will decide the next directional momentum.
⚠️ Our View
Stay focused and prefer high-quality stocks only.
Trade light and always use a tight Stop-Loss amid volatile conditions.