📈 NIFTY Key Technical Zones

🛡️ Support Zone: 24,500 – 24,000
🔄 Retracement Range: 24,550 – 24,900
🚧 Resistance Zone: 24,900 – 25,200

🧭 View:
• Holding above 24,500 keeps short-term trend intact
• Sustained move above 24,900 may open gates for 25,200+
• Break below 24,000 could trigger deeper correction

📌 Action Point: Watch for price reaction in the retracement zone (24,550–24,900) — it holds the key to the next directional move.

Market hovering inside the retracement zone: 24,500 – 24,900
No clear trend till we break out of this range.

it’s a wait & watch phase.

🎯 Let price action confirm before taking directional bets.

📢 MPC Update:

🛑 Repo Rate Unchanged at 5.50%

The Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.50% — in line with expectations.

🔍 Key Highlights:
• 📉 No rate cut or hike – the RBI maintains a cautious stance.
• 📈 Inflation remains a key concern, keeping rate cuts off the table.
• 🏦 Focus continues on “withdrawal of accommodation” to ensure inflation remains under control.

#CASH #FUT

BUY ASIANPAINTS AROUND 2500
SL 2350
TGT 2600-2700-2850+