*MARKET TRENDS & STRATEGIES @ 7.15am – Thursday, February 27th 2025* MARKET TRENDS: # Global: Neutral # FII: Negative (-3529.10 Cr) # DII: Positive (+3030.78 Cr) # Sentiment: Risky # Market Breadth: Negative # Technicals: Lower high/low # F&O: 22000 – 24000 zone. # INDIA VIX 13.71 (-5.06%) # USD/INR (26th March) 87.33 # Nifty PCR (27th Feb) 0.65 # Bank Nifty PCR (27th Feb) 0.78 # Nifty Outlook: A miserable day quite likely for Nifty bulls. # WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY: Nifty Technically: Nifty (CMP: 22548) SUPPORT: 22350/21281 RESISTANCE: 22850/23267 RANGE: 22350-22800 BIAS: Neutral 21 DMA: 23165 50 DMA: 23361 200 DMA: 24072 Bank Nifty Technically: BANK NIFTY (CMP 48608): SUPPORT: 47844/46100 RESISTANCE: 49500/50700 RANGE: 48000-49000 BIAS: Neutral 21 DMA: 49459 50 DMA: 49714 200 DMA: 50944 # Nifty: In Tuesday’s trade, the way Nifty moved would have put a tortoise to shame. And you could also compare the market’s range with that of a porcupine’s spines. Net-net, it was a lackluster and uninspiring trading session. The negative takeaway was that the downside on Nifty extended for 6th straight day and most importantly, the session ended on a jittery note. In the process, Nifty formed a bearish candlestick pattern on the daily charts indicating that bears are likely to be everywhere in the near term. Nifty’s all-time-high continues to be at 26277.35 mark. The technical landscape suggests Nifty’s major support at 22350/22000 mark. Intermonth support still seen at 21281 mark. Nifty’s hurdles seen at 22850/23050 mark and then at 24300 mark. Nifty’s 200 DMA at 24072 mark. # Bank Nifty: In Tuesday’s trade, Bank Nifty was seen trading below the dotted and the negative takeaway was the index ended well below the dotted lines and on a bearish note. Bank Nifty all-time-high continues to be at 54467.35 mark. Bank Nifty ended 0.09% lower as against Nifty’s 0.03% loss. Interestingly in Tuesday’s trade, Nifty PSU Bank index ended 1.22% lower while Nifty Private Bank index ended 0.02% higher. Intraday support for Bank Nifty now seen at 48100/47844 mark and then at 46100 mark on closing basis. In today’s trade and in near term, Bank Nifty is likely to face resistance at 49500/50700 mark. Bank Nifty’s 200-DMA is placed at 50944 mark. Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries. 🇮🇳 🇮🇳 🙏🏻