Weak market start: Virendra Kumar's Nifty, Bank Nifty trading strategy

• Indian market opened lower due to weak global cues; Sensex fell 0.39% to 84,766.73 and Nifty dropped 0.42% to 25,851.50.
• Expert Virendra Kumar suggests Nifty's first resistance at 26010-26064 and base at 25877-25910, advising selling on rallies below 26030.
• FIIs engaged in strong index selling, with net short positions at 1.38 lakh, and significant call writing observed at 26000-26200 levels.
• For Bank Nifty, first resistance is at 59419-59571 and base at 58931-59089; advises shorting at 59771-59876 if 59000 holds.

Why It Matters: Expert वीरेंद्र कुमार offers crucial Nifty/Bank Nifty trading strategies amid market volatility.