Nifty 50, Bank Nifty: Key Levels to Watch Amid Rising VIX and Bearish Sentiment

• Nifty 50 dropped below its 100-day EMA (25,625) after 3.5 months, with VIX rising towards 12, signaling caution.
• Experts suggest Nifty 50 support at 25,450, with potential fall to 25,300; resistance at 25,600-25,800.
• Bank Nifty needs to sustain above 60,000 for upward momentum, with support at 59,500.
• FIIs have a significant short buildup in the index (1.90 lakh contracts), indicating a negative trend.
• Volatility is expected to increase further ahead of the Union Budget, with VIX potentially reaching 13.50.

Why It Matters: Nifty 50 and Bank Nifty face bearish pressure and increased volatility; key levels are crucial for market direction.