An early bounce off the 50-DEMA couldn’t survive the second half—Nifty stayed rangebound but below the 20-DEMA, keeping the tone uneasy. Sector rotation added to the confusion, with PSU Banks rising and IT cracking.
All eyes now on two big resistance clusters and two sharp supports.
Neel Parekh discusses how these levels could shape the next decisive move—and what short-term traders should stay alert for.
