Nifty breaches 25,400; bulls must defend 25,200 to avoid fall

Nifty closed below 25,400, forming a bearish candle and breaking key support levels. Analysts warn that if 25,300–25,200 fails to hold, the index could slip further to 24,950–24,800. Immediate resistance is seen at 25,500. Traders are advised to stay cautious and wait for clear confirmation near these critical levels before initiating fresh positions.