Monday Market Strategy | Key Support Level For Nifty & Nifty Banks | Nifty Monthly Expiry Strategy

For 27 July Market Trade set-up, Sakshi Batra discusses the week-ahead strategy with Nilesh Jain, VP – Technical & Derivatives Research at Centrum. As markets head into the crucial monthly expiry week, Nilesh shares his insights on the Nifty and Bank Nifty trajectory, highlighting key support and resistance levels. He decodes the F&O data, including rising short positions and the impact of India VIX. Bank Nifty shows relative strength with support at 56,000, while sectors like pharma, healthcare, and insurance appear promising due to their defensive nature. On the flip side, NBFCs, housing finance, and IT remain under pressure. Nilesh also emphasizes the need for a pullback in Nifty IT for broader market stability. Listen in