F&O Talk | Nifty breaches crucial Fibonacci retracement level; Sudeep Shah on Adani Total and 5 top weekly movers

Nifty fell over 5% weekly amid Iran-Israel/US tensions, with Bank Nifty and Auto leading declines. Sudeep Shah highlights key support-resistance levels, sector rotation strategies, and defensive plays in FMCG, Pharma, and CPSEs to navigate high volatility. Investors are advised to avoid bottom-fishing and wait for stabilisation signals.