📉 Traders warned to chill amid CAS volatility
Traders are advised to exercise caution due to the sharp and divergent movements seen in Nifty and Sensex amidst CAS. Analyst Sudeep Shah stated that stock-specific plays are better than broad index bets until the market stabilizes. Nifty is consolidating near 24000 support, while Sensex is range-bound with key support at 76,600. For HDFC Bank, the trend remains bearish as it breaks below key support zones. Investors should maintain strict stop losses and reduce leveraged positions moving forward. 😟