Nifty Rallies to 25,300 Amidst Bearish Sentiment; VIX Stays High

• Nifty 50 saw a relief rally, closing near 25,300 after a three-day losing streak, but experts doubt sustainability.
• India VIX, the fear index, remained elevated at 13.35, signaling caution despite a slight decline.
• Nifty faces immediate resistance at 25,500–25,600, with crucial support at 24,900.
• Technical indicators like EMAs, RSI, and MACD suggest a short-term pullback within a broader weak trend.
• Bank Nifty also rebounded to 59,200, forming a doji, but momentum indicators remain bearish, indicating caution.

Why It Matters: Nifty's relief rally faces skepticism as high VIX and bearish indicators suggest a weak market trend.