The Nifty50 index is currently positioned below its 10, 20, 50, 100, and 200 Day Exponential Moving Averages (DEMA), signaling a widespread bearish trend across various time frames. The previous support level of 23,800 is anticipated to act as a resistance zone during any potential pullbacks. Immediate support is identified at 23,100, aligning with the 61.8% Fibonacci retracement of the prior upswing from 22,182 to 24,601. Analysts recommend selling LTM futures at ₹4,100, with a stop loss at ₹4,250 and a target of ₹3,900, as the stock has been forming lower tops and bottoms on the daily chart. Similarly, IRFC futures are advised for sale at ₹99.50, with a stop loss of ₹102 and a target of ₹95, as the stock has violated key support levels with increased volumes. Both stocks exhibit bearish trends according to weekly indicators and oscillators.