Nifty, Bank Nifty at Crossroads: Can Key Supports Hold Amid Weakness?

• Nifty 50 is testing its crucial 25,750–25,700 support zone, which includes the 50 DEMA, with a break potentially leading to 25,500.
• Bank Nifty faces significant selling pressure, with 58,800 acting as immediate support and a break below potentially opening doors to 58,600–58,500.
• Experts like Sudeep Shah and Rupak De note a loss of momentum and bearish trends in both indices, with broader markets showing more pronounced weakness.
• Resistance for Nifty is seen around 25,930–26,000, while Bank Nifty faces hurdles near 59,300–59,400.
• Nilesh Jain advises caution for Bank Nifty, suggesting traders stay on the sidelines until a clearer direction emerges due to an unclear trend.

Why It Matters: Nifty and Bank Nifty are at critical support levels; market sentiment remains cautious with mixed expert views.