On the levels front, immediate support is placed around 55,300–55,000, aligning with the 20-DMA, while stronger support is seen near 53,900, coinciding with the 21-DMA. On the upside, resistance is placed around 57,100–57,300, followed by a more significant hurdle in the 58,200–58,500 zone, aligned with the 100-DMA and prior breakdown levels.
