Sensex-Nifty Recover from Early Losses; India VIX Up 6%, What's Today's Strategy?

• Indian indices opened lower amid weak global cues but showed recovery; Sensex up 0.02%, Nifty up 0.15%.
• Nifty's first resistance at 25554-25615, major resistance at 25666-25721/25769; first support at 25371-25427.
• Bank Nifty's first resistance at 61131-61233, major resistance at 61467-61581/61697; first support at 60354-60573.
• Geopolitical tensions (Iran-US) and FIIs/DIIs selling contribute to market volatility.
• IT index down 1.3%, Media down 1%; PSU Bank index up 0.5%; Coal India, ONGC among gainers.