Regression channel breakout - Short term Shift

1. Price is out of regression channel — signaling short-term weakness.

2. POC around 24,750 — That is most traded level.

Option Chain Data:

Call writing at 25,300 & 25,500 — clear resistance

But

Yesterday we got positive earnings of ICICI & HDFC Bank.

There is a expectation of pullback as long as nifty is above 24450, long term view is positive