1️⃣ FII Activity

FIIs bought ₹5,000+ Cr in cash. In F&O, they significantly reduced net index shorts and call shorts, indicating short covering and easing bearishness.

2️⃣ Global Cues

Global markets remain volatile due to earnings season debacles, but Indian markets appear relatively insulated and resilient.

3️⃣ Technical Setup

On the daily chart, the trend looks strong and healthy. Nifty is now positioned as a “buy on dips” market.

4️⃣ Key Levels to Watch

Nifty: Support 25450 | Resistance 25925

Bank Nifty: Support 59750 | Resistance 60400

5️⃣ Market Stance

Overall structure looks constructive. Focus on quality stocks with strict stop-loss discipline.