*DAILY EQUITY REPORT* *TECHNICAL OUTLOOK*  The benchmark index traded on a negative note and closed with 0.17% cut at 24,812 level. The banking index outperformed the benchmark index as it closed with a 0.21% gain at 55,829 level  India VIX closed with 0.89% cut at 14.28 level  Among sectors, CON_DUR and PVTBANK outperformed the benchmark index as they closed with 0.79% and 0.39% gains, while MEDIA and IT were the laggards as they closed with 1.27% and 0.83% cuts, respectively. The broader market underperformed the benchmark index, as both the MIDCAP and SMALLCAP index closed with 0.74% and 0.23% cuts, respectively  US markets, such as the DJIA, and European markets, including the DAX, closed on a negative note in the previous trading session. Asian markets are trading with a negative sentiment in today’s trading session *POSITIONAL MARKET OUTLOOK*  The benchmark index traded range-bound and closed with a “Gravestone Doji” candlestick formation in yesterday’s trading session. Moving forward, 24,400 will serve as a crucial support level, while 25,250 will act as immediate resistance for the index. The index is expected to continue to trade with a positive sentiment in the coming days until 24,400 is not broken decisively on the lower side. Therefore, the recommendation is to maintain a long position, and any dips toward the 24,700 to 24,600 range on the lower side should be viewed as a buying opportunity. A stop loss should be set at 24,300, and potential upward targets are projected to be between 25,300 and 25,500 in the upcoming days.  The banking index outperformed the benchmark index and closed with a mild positive sentiment in the previous trading session. Looking ahead, the level of 55,000 will serve as an immediate support for the index, while 57,100 will act as an immediate resistance level. The index is expected to remain positive, and hence, there are good buying opportunities at lower levels. We recommend maintaining a long position, particularly if the price dips to the 55,600 – 55,400 range. Set a stop-loss at 54,900, and look for upward targets between 57,100 and 57,500 in the coming days. *INTRADAY MARKET OUTLOOK WITH CRUCIAL LEVELS*  The benchmark index is expected to open with a mild negative bias and trade within a broader range in today’s trading session. The support level for the index is placed at 24,650 – 24,500, and resistance is positioned at 25,000 – 25,100 levels.  The banking index is expected to trade in line with the benchmark index in today’s trading session. The support level is placed at the 55,400 – 55,100 level, and resistance at 56,000 – 56,300 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.