*DAILY EQUITY REPORT* *TECHNICAL OUTLOOK*  The benchmark index traded sideways and closed unchanged at 25,104 level. The banking index underperformed the benchmark index as it closed with a 0.37% cut at 56,629 level  India VIX closed with 4.61% cut at 14.02 level  Among sectors, IT and MEDIA outperformed the benchmark index as they closed with 1.67% and 1.09% gains, while REALTY and PSUBANK were the laggards as they closed with 1.14% and 0.52% cuts, respectively. The broader market outperformed the benchmark index, as both the MIDCAP and SMALLCAP index closed with 0.07% and 0.14% gains, respectively  US markets, such as the DJIA, traded with a mild positive bias while European markets, including the DAX closed on a negative sentiment in the previous trading session. Asian markets are trading with positive bias in today’s trading session *POSITIONAL MARKET OUTLOOK*  The benchmark index traded range-bound and closed unchanged in yesterday’s trading session. Looking ahead, 24,500 will serve as a crucial support level, while 25,300 will act as immediate resistance for the index. The index is expected to continue to trade with positive momentum and is recommended to remain on the long side. Hence, any dip towards the 24,900 to 24,700 range on the lower side should be viewed as a buying opportunity. A stop loss should be set at 24,500, and potential upward targets are projected to reach between 25,300 and 25,500 in the coming days.  The banking index underperformed the benchmark index and closed with a Bearish candlestick pattern in the previous trading session. Looking ahead, the level of 55,200 will serve as crucial support for the index, while 57,600 will act as an immediate resistance level. The index is expected to continue trading with positive sentiment in the coming days. Recommendation is to maintain a positive outlook, and any dip towards the 56,500 – 56,200 range should be considered a buying opportunity. A stop loss can be set at 55,200, with the potential to target higher levels of 57,600 to 58,000. *INTRADAY MARKET OUTLOOK WITH CRUCIAL LEVELS*  The benchmark index is expected to open with a mild positive bias and may see buying at lower levels in today’s trading session. The support level for the index is placed at 25,050 – 24,900, and resistance is positioned at 25,200 – 25,350 levels.  The banking index is likely to trade in line with the benchmark index in today’s trading session. The support level is placed at the 56,500 – 56,200 level, and resistance at 56,900 – 57,300 level. *Disclaimer:* The above view is for educational purposes only. Trading carries significant risks and may not be suitable for all investors. Please conduct due diligence before investing, as past performance does not guarantee future results.