The index slipped below 25,800, extending selling pressure after days of steady gains. Charts now show lower tops and bottoms, hinting that profit-booking is gaining pace as smart money reassesses risk.
After a strong rally since early October, the market is facing resistance near 26,000—a level that aligns with the 38.2% Fibonacci extension, and often signals where big players pause to rebalance.
In this episode, Neel Parekh explains how traders can capitalize on short setups below 25,700, manage stops effectively, and prepare for the next opportunity zone around 25,500.
🎧 Don’t miss Neel Parekh’s analysis—today’s cool-off could be where the next profitable leg begins.
