** Nifty Technicals and Geopolitical Risks** 📉 The **Nifty 50** benchmark index extended its sharp decline for the second consecutive day. This downturn is attributed to persistent concerns regarding trade tariffs and escalating geopolitical tensions. Technically, the index remains in a **bearish configuration**. It is currently drifting lower towards its crucial **200-Day Moving Average (200-DMA)**, suggesting strong downward momentum. The market's technical indicators are now approaching **oversold levels**, which could hint at a potential near-term pause in the selling pressure. Analysts are flagging that the current market support levels appear **fragile**. However, they also see opportunities emerging for **selective stock picking** in the immediate future.