Nifty 50, Bank Nifty: Key Levels to Watch Amid Rising Oil, US-Iran Talks

• Nifty 50 saw a relief rally but sustainability is doubted due to rising oil prices and elevated VIX.
• Nifty 50 needs to hold 23,000-22,900 support; 23,500-23,600 acts as resistance.
• Bank Nifty must defend 53,000; 54,000-54,700 is strong resistance.
• Experts advise caution due to weak overall technical structure despite recent gains.
• Momentum indicators show short-term improvement, but historical patterns suggest potential for renewed selling.