1️⃣ FII Activity & Derivatives Positioning

FIIs have bought approximately ₹3,000 crore worth of equities in the cash segment, showing selective buying interest.

However, in the F&O segment:

They have reduced some net index shorts

Built fresh net index call short positions

Overall derivatives data indicates a cautious to bearish bias despite cash buying.

2️⃣ Global Market Cues

Global sentiment remains neutral to slightly negative due to:

Ongoing US–Iran geopolitical tensions

Continued uncertainty around global tariff policies

There is no panic yet, but global undertones are preventing strong upside momentum.

3️⃣ Technical View – Nifty & Bank Nifty

Nifty is trading near a crucial support zone of 25,300–25,400.

A decisive breakdown below this range may open the path toward 25,000.

Structure currently appears weak on the charts.

Bank Nifty is relatively stronger compared to Nifty, but on lower time frames, it also shows signs of weakness.

4️⃣ Key Levels to Watch

Nifty

Support: 25,325

Resistance: 25,625

Bank Nifty

Support: 60,500–60,800

Resistance: 61,300–61,600

5️⃣ Our Stance

While the broader market structure looks weak, sector-specific momentum is visible in select stocks.

Focus on relative strength sectors and stocks

Trade selectively

Maintain strict stop-loss discipline

Strategy: Stock-specific approach with controlled risk management.