“Neutral on Sensex, advocating a wait-and-watch approach. The index formed a bearish candle, closing below the 50-Day EMA, indicating a deteriorating short-term technical structure and weakening momentum with RSI at 44.82. While 76,800–77,000 is a crucial support zone that could trigger a rebound towards 77,600–77,800, a decisive break below it could extend the corrective phase. Traders are advised to await confirmation of buying strength.”