“Neutral on Nifty 50 in the near-term, as it trades below key daily moving averages with immediate support at 23,400 and resistance at 23,550-23,600. A sustained move above 23,600, coupled with Bank Nifty closing above its 100-day SMA, is needed to confirm a broader recovery; otherwise, any rebound is a tactical sell-on-rise opportunity, with Brent crude at $102 being a key external trigger.”