DEAR
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Today's Market Recap!
Nifty and Bank Nifty Turn Bearish Amid Selling Pressure
The Nifty opened at 25,166.65, slipped nearly 100 points, and closed near its low at 25,060.90, down 0.12%. Bank Nifty opened at 57,253.35 but traded weak all day, ending at 56,756 with a 0.35% loss.
Both indices formed bearish candlesticks on the daily chart, showing sellers’ dominance. RSI readings support the negative sentiment.
Key levels:
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Nifty: Support at 24,900 & 24,800; Resistance at 25,300 & 25,500
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Bank Nifty: Support at 56,500 & 56,300; Resistance at 57,200 & 57,500
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