Nifty's Major Downside Hinges on 25,300 This Week; Keep Bharat Electronics on Radar

• Rahul Ghose warns of Nifty downside to 24,900/24,800 if 25,300 breaks on weekly charts and sustains below 50 DEMA.
• Bharat Electronics is a clear 'buy on pullback' candidate with bullish weekly and monthly charts and no significant upside resistance.
• Gold is technically overbought; Dollar Index strength suggests potential underperformance for gold.
• Nifty's primary trend remains bullish above 25,300, but short-term sentiment is cautious, allowing for choppy to slightly negative action.
• Consider long Nifty positions if it closes above 25,940; short if it slips below 25,300 for a target of 24,800.

Why It Matters: Nifty faces potential downside if key support breaks; Bharat Electronics is a strong buy, while gold may consolidate.