1️⃣ FII Activity & Derivatives Positioning
FIIs have sold approximately ₹3,400 crore worth of equities in the cash segment, indicating continued selling pressure.
In the F&O segment:
They have reduced some net index short positions
However, they have significantly added net index call shorts
This derivatives setup suggests that upside in the market may remain limited in the near term.
2️⃣ Global Market Cues
Global sentiment remains negative, mainly due to the absence of strong positive triggers across global markets.
US–Iran tensions have slightly eased
Crude oil prices have declined, which is a marginal positive
However, overall global undertones remain cautious.
3️⃣ Technical View – Nifty & Bank Nifty
Nifty is trading near its crucial support zone of 25,300–25,400.
Today’s closing will be extremely important
A sustained move below this zone may increase downside pressure
Bank Nifty is also reflecting negative sentiment, especially on the hourly timeframe, indicating short-term weakness.
4️⃣ Key Levels to Watch
Nifty
Support: 25,300
Resistance: 25,625
Bank Nifty
Support: 60,500–60,750
Resistance: 61,350
5️⃣ Our Stance
Market structure appears weak, but selective opportunities may emerge.
Focus on fundamentally strong stocks
Avoid aggressive positioning
Maintain strict stop-loss discipline
Strategy: Stock-specific trades with controlled risk management.