Indian equities continued to show resilience in the previous session, supported by selective buying in heavyweight stocks. Despite ongoing consolidation and muted momentum indicators, benchmark indices managed to hold above key moving averages—a sign that the broader trend remains constructive but lacks conviction. Below is the detailed trade setup for Nifty, Bank Nifty, options data, Put-Call Ratio, and India VIX to help traders plan their strategies for the day. Setup 1 — Nifty 50: Key Resistance & Support Levels Nifty Close: 26,034 🔸 Resistance (Pivot Points): 🔸 Support (Pivot Points): 📉 Market Outlook Nifty formed a bullish candle with small upper and lower shadows, suggesting that buyers managed to retain control despite intraday volatility. This pattern often reflects a positive bias that develops within a consolidating structure. The index stayed comfortably above the 20-day and 50-day EMAs, reinforcing medium-term strength. However, momentum indicators paint a cautious picture. 🔍 Technical Indicators 💡 Interpretation While price-action remains constructive, momentum indicators are yet to confirm a clear uptrend. Expect continued consolidation with an upward tilt, unless Nifty decisively surpasses resistance levels. Setup 2 — Bank Nifty: Key Resistance & Support Levels Bank Nifty Close: 59,289 🔸 Resistance (Pivot Points): 🔸 Support (Pivot Points): 🔸 Fibonacci Levels 📉 Market Outlook Bank Nifty formed a Doji candle, reflecting uncertainty between buyers and sellers. While indecisiveness was visible, the index broke its two-day lower-high, lower-low pattern, signaling early signs of stabilization. The overall structure remains bullish as the index continues to trade above key moving averages. 🔍 Technical Indicators 💡 Interpretation Bank Nifty appears to be pausing after recent volatility. The broader trend favors the bulls, but momentum remains soft. A breakout above resistance levels is needed for a stronger directional move. Setup 3 — Nifty Options Data (Weekly Expiry) 📌 Call Side Highest Call Writing: Call Unwinding: 👉 A strong wall of resistance remains in the 26,100–26,500 zone. Setup 4 — Nifty Put Options Data 📌 Put Side Highest Put Writing: Put Unwinding: 👉 Put writers strengthened support around the 25,700–26,050 band. Setup 5 — Bank Nifty Options Data (Monthly Expiry) 📌 Call Side Top Call Writing: Call Unwinding: Setup 6 — Bank Nifty Put Options Data 📌 Put Side Put Writing: Put Unwinding: 👉 Strong Put writing suggests confidence near 59,200–59,600. Put-Call Ratio (PCR) 📌 Interpretation: The rising PCR indicates increased Put writing relative to Calls—typically associated with strengthening bullish sentiment, though not at an extreme yet. A PCR between 0.7–1.0 generally aligns with consolidation or steady upward bias. India VIX India VIX dropped to its lowest level since mid-October, staying below all major moving averages. This shows reduced fear and greater comfort for market participants. However, such low volatility levels can sometimes precede sharp directional moves—especially around major data events or breakout points. 📌 Summary for Traders (Quick Overview) Nifty Bank Nifty Options Data Sentiment Disclosure & Disclaimer Dhwani Patel (SEBI Registration No: INH200008608) is a SEBI-registered Research Analyst.All views are for educational purposes only. This is not investment advice. Please consult your financial advisor before trading.

Indian markets experienced mixed action in the previous session, with both benchmark indices displaying pockets of volatility. While major moving averages remained supportive, momentum indicators continued to show signs of weakness, hinting at a cautious undertone for the near term. Here’s the full breakdown of Nifty, Bank Nifty, options data, PCR, and India VIX to help traders prepare for today’s session. Setup 1 — Nifty 50: Key Resistance & Support Levels Nifty Close: 25,986 🔸 Resistance (Pivot Points): 🔸 Support (Pivot Points): Market Outlook Nifty formed a small bearish candle with upper and lower wicks, resembling a high-wave or Doji-type pattern, capturing the tug-of-war between buyers and sellers. This candlestick typically reflects indecision and elevated intraday volatility. Despite the weakness, the index still held above the 20-day and 50-day EMAs as well as the midline of the Bollinger Bands, showing structural support. 🔍 Technical Indicators 💡 Interpretation Momentum indicators continue to weaken, suggesting caution. Consolidation or mild corrective moves may persist unless buyers show strength around the support levels. Setup 2 — Bank Nifty: Key Resistance & Support Levels Bank Nifty Close: 59,348 🔸 Resistance (Pivot Points): 🔸 Support (Pivot Points): 🔸 Fibonacci Levels Market Outlook Bank Nifty dipped below the 59,000 mark during the session but recovered sharply, closing 74 points higher. The index formed a bullish candle with a long lower shadow, indicating solid buying demand at lower levels. The index continues to trade comfortably above all major moving averages and above the Bollinger midline, which reinforces near-term stability. 🔍 Technical Indicators 💡 Interpretation Bank Nifty shows early signs of resilience, but indicators still suggest consolidation. Upside moves may remain capped unless the index breaks past major resistance zones. Setup 3 — Nifty Options Data (Weekly Expiry) 📌 Call Side Call Writing (Fresh Additions): 👉 Almost no meaningful Call unwinding across 25,400–26,900 strikes → consistent overhead supply. 📌 Put Side Put Writing: Put Unwinding: 👉 Strong Put writing near 25,500–25,900 indicates firm support zones. Setup 4 — Bank Nifty Options Data (Monthly Expiry) 📌 Call Side Call Writing: Call Unwinding: 📌 Put Side Put Writing: Put Unwinding: 👉 Put writers are shifting focus toward 59,000–59,500, signaling firm intermediate support. Put-Call Ratio (PCR) 📌 Interpretation: A falling PCR indicates rising Call writing pressure relative to Puts. This shift signals a slightly bearish to neutral sentiment for the near term. If PCR drops near 0.7 or below, bearishness tends to intensify. India VIX The volatility index remains well below all moving averages, showing suppressed volatility and continued comfort for bulls. A low VIX generally supports range-bound trading with limited downside risk. Summary for Traders (Quick View) Disclosure & Disclaimer Dhwani Patel (SEBI Registration No: INH200008608) is a SEBI-registered Research Analyst.All views are for educational purposes only. This is not investment advice. Please consult your financial advisor before trading.

Indian equities witnessed heightened volatility in the previous session as both benchmark indices showed signs of short-term weakness. Despite staying above major moving averages, technical indicators now signal possible consolidation or a mild corrective phase. Here’s a complete breakdown of Nifty 50, Bank Nifty, options data, PCR, and India VIX to help you prepare for the trading day. 🔹 Setup 1 — Nifty 50: Key Resistance & Support Levels Nifty Close: 26,032 🔸 Resistance (Pivot Points): 🔸 Support (Pivot Points): Market View Nifty formed a bearish candle with both upper and lower wicks, highlighting weakness amid intraday swings. The index slipped below the 10-day EMA, though it still held above the 20-day, 50-day, and 200-day moving averages. 🔍 Technical Indicators 💡 Interpretation Short-term sentiment leans cautious. A consolidation phase or mild pullback cannot be ruled out unless strong buying emerges near support levels. Setup 2 — Bank Nifty: Key Resistance & Support Levels Bank Nifty Close: 59,274 🔸 Resistance (Pivot Points): 🔸 Support (Pivot Points): 🔸 Fibonacci Levels Market View Bank Nifty extended its downtrend with a 0.7% decline on above-average volumes. A small bearish candle with a long upper shadow indicated consistent selling pressure at higher levels. 🔍 Technical Indicators 💡 Interpretation The index remains under pressure. Only a sharp recovery above resistance zones would shift momentum back in favor of bulls. Setup 3 — Nifty Options Data (Weekly Expiry) 📌 Call Side Call Writing (Fresh Additions): 👉 Almost no major Call unwinding across the 25,500–27,000 range → indicates strong overhead resistance. Put Side Put Writing (Fresh Additions): Put Unwinding: 👉 Strong Put writing at 26,000 indicates buyers are active near this zone. Setup 4 — Bank Nifty Options Data (Monthly Expiry) 📌 Call Side Call Writing: Call Unwinding: Put Side Put Writing: Put Unwinding: 👉 Put writers are active at 59,000–58,500 zones, signalling support buildup. Put-Call Ratio (PCR) Meaning: Rising PCR indicates more Put selling, reflecting strengthening bullish sentiment, although the reading is not overly stretched. Traders may anticipate range-bound movement with a positive bias. India VIX VIX staying below all key moving averages signals low volatility and comfort for bulls, supporting stability unless external triggers cause disruption. Summary for Traders Disclosure & Disclaimer Dhwani Patel (SEBI Registration No: INH200008608) is a SEBI-registered Research Analyst.All views are for educational purposes only. This is not investment advice. Please consult your financial advisor before trading.

The domestic market extended its strong upward momentum on Thursday, with both benchmark indices closing at fresh highs. Despite intraday volatility, the overall sentiment stayed firmly positive as the market maintained its upward trajectory. Below is the detailed breakdown of Nifty and Bank Nifty levels, derivatives positioning, and sentiment indicators curated by SEBI-registered Research Analyst Dhwani Patel. 1) Nifty 50 – Key Levels Nifty Close: 26,192 Resistance (Pivot Points): Support (Pivot Points): Technical Overview The Nifty 50 formed a bullish candle with upper & lower shadows, closing above its previous record high — a signal of continued strength. The index also broke above the falling resistance trendline, confirming bullish continuation. Indicators: View: The overall structure suggests sustained bullishness and strong participation at higher levels. 2) Bank Nifty – Key Levels Bank Nifty Close: 59,348 Resistance (Pivot Points): Support (Pivot Points): Fibonacci Levels: Technical Overview The Bank Nifty continued to rally in uncharted territory, forming another bullish candle and registering a new record high of 59,440. The upper and lower shadows show intraday volatility, but the close above the previous day’s high confirms upward continuation. Indicators: 3) Nifty Call Options Data Max Call Writing: Maximum Call Unwinding: Interpretation:Call writers have shifted higher, indicating that markets may now attempt 26,300–26,350 zones. 4) Nifty Put Options Data Max Put Writing: Maximum Put Unwinding: Interpretation:Strong Put additions at 26,100–26,200 signal solid support and confidence among writers. 5) Bank Nifty Call Options Data Max Call Writing: Call Unwinding: Interpretation:Heavy writing at 59,300–59,500 signals short-term resistance. 6) Bank Nifty Put Options Data Max Put Writing: Put Unwinding: Interpretation:Strong base is forming at 58,500–59,000. 8) Put-Call Ratio (PCR) Interpretation:PCR above 1.4 reflects heavy Put selling, signalling deep bullish sentiment — though markets may see short-term overextension. 9) India VIX Despite a mild rise, VIX remains well below the 13 zone, keeping the larger trend stable for bulls. Summary by Dhwani Patel Disclosure & Disclaimer Dhwani Patel (SEBI Registration No: INH200008608) is a SEBI-registered Research Analyst.All views are for educational purposes only. This is not investment advice. Please consult your financial advisor before trading.

Market Overview The domestic market continued its upward march on Wednesday, with the benchmark indices extending gains and closing near important resistance zones. Strong buying interest in banking and heavyweights helped the index scale new highs, while broader sentiment remained firmly positive.Below is the complete breakdown of support, resistance, derivatives data, and sentiment indicators curated by SEBI-registered Research Analyst Dhwani Patel. 1) Nifty 50 – Key Levels Nifty Close: 26,053 Resistance (Pivot Points): Support (Pivot Points): Technical Overview The Nifty formed a long bullish candle, closing above the previous day’s bearish candle high — a strong indicator of momentum continuation. The upward slope in both short- and medium-term moving averages signals ongoing strength. Indicators: Overall: Buyers remain firmly in control, and dips may continue to attract fresh buying. 2) Bank Nifty – Key Levels Bank Nifty Close: 59,216 Resistance (Pivot Points): Support (Pivot Points): Fibonacci Levels: Technical Overview For the third straight session, the Bank Nifty sustained above the upper Bollinger Band, showcasing powerful bullish momentum. The index also posted a new closing high, forming a bullish candle with a lower shadow — a sign of strong demand at dips. Indicators: 3) Nifty Call Options Data Max Call Writing: Call Unwinding: Interpretation: Call writers shifting higher, indicating traders expect the market to inch further toward 26,100 – 26,200. 4) Nifty Put Options Data Max Put Writing: Put Unwinding: Interpretation: Put writers are aggressively defending the 25,900–26,000 zone. 5) Bank Nfty Call Options Data Max Call Writing: Call Unwinding: Interpretation: Heavy writing at 59,200–59,300 suggests nearby resistance. 6) Bank Nifty Put Options Data Max Put Writing: Put Unwinding: Interpretation: Strong support building at 58,500–59,000. 7) Put-Call Ratio (PCR) Interpretation: PCR is rising, indicating strengthening bullish sentiment in the near term. 8) India VIX Volatility remains muted below the 13 zone, which continues to support bulls. Key Takeaways by Dhwani Patel Disclosure & Disclaimer Dhwani Patel (SEBI Registration No: INH200008608) is a SEBI-registered Research Analyst.This report is for educational purposes only and should not be treated as investment advice. Market investments carry risk. Please consult your financial advisor before trading.