📊 Current Market Levels & Price Action

• Bank Nifty is trading around ~59,600–59,700 levels at present, showing slight downward pressure from the day’s open near ~59,850–59,900.

• The index has experienced mild selling around resistance levels (~59,900–60,000) and is holding above immediate supports (~59,500–59,600).

📉 Intraday Trend

• Neutral to slightly negative/sideways bias intraday — Bank Nifty isn’t making strong directional moves and appears range-bound, with sellers defending higher levels.

• As long as it stays above ~59,500–59,600, the structure remains range-bound and not decisively bearish. Breach below that zone could increase downside momentum.

📌 Support & Resistance (Today)

• Immediate Resistance: ~59,900–60,000 zone.

• Support Levels: ~59,700 then lower around ~59,500.

📈 Overall Bias

• The near-term trend today is sideways/indecisive, with minor bearish undertones because of repeated selling near higher levels. A breakout above ~60,000 would be needed to regain bullish momentum.