Nifty 50, Bank Nifty: Will Indices Extend Fall? Key Levels & Expert Strategies Revealed!

• Nifty 50 shows weakness, may fall towards 25,800 (50-day EMA) and 25,700 (December low) amid volatility.
• Bank Nifty could test 58,700 (near December low) if it sustains below 59,000, with 58,500 as strong support.
• Nifty closed below 26,000; resistance at 26,000-26,200, support at 25,800-25,700.
• Experts like Jay Thakkar suggest selling Nifty Futures, while Jigar S Patel and Shitij Gandhi recommend buying Nifty/Bank Nifty Futures on dips.
• Market breadth favors bears; India VIX bounced back, indicating potential negative bias for the monthly series.

Why It Matters: Nifty and Bank Nifty face potential downside amid volatility; key support levels and expert strategies vary.