The Nifty 50 has experienced a significant decline of over 800 points from its recent all-time high, falling below key moving averages. This suggests a potential shift towards a positional downtrend, with immediate resistance expected around 25,700 and a stronger band at 26,050-26,100. A close above this level could invalidate the downtrend. The index has seen six consecutive trading sessions of decline, with the next significant support anticipated near 25,300, followed by the 200-day Exponential Moving Average (DEMA) at 25,138.