neutral
Immediate upside for Nifty capped at ~26,000; support around 25,700-25,750
According to technical analysts, India’s Nifty 50 faces a resistance zone near 26,000 to 26,100 and key support between 25,700-25,750. A decisive break above 26,100 could open the way toward 26,300, while a fall below 25,700 may invite deeper consolidation. Analysts from Choice Broking and others note the index has formed a bearish daily candlestick and remains range-bound despite a six-session gain. With global inflation, crude and trade-deal risks looming, market participants are staying cautious while watching volumes and sector breadth for signals of a fresh leg higher.
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neutral
Immediate upside for Nifty capped at ~26,000; support around 25,700-25,750
According to technical analysts, India’s Nifty 50 faces a resistance zone near 26,000 to 26,100 and key support between 25,700-25,750. A decisive break above 26,100 could open the way toward 26,300, while a fall below 25,700 may invite deeper consolidation. Analysts from Choice Broking and others note the index has formed a bearish daily candlestick and remains range-bound despite a six-session gain. With global inflation, crude and trade-deal risks looming, market participants are staying cautious while watching volumes and sector breadth for signals of a fresh leg higher.
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Technical charts indicate Nifty resistance near 26,100 and support at 25,700-25,750; bulls need a breakout, bears may act if support gives way.
According to technical analysts, India’s Nifty 50 faces a resistance zone near 26,000 to 26,100 and key support between 25,700-25,750. A decisive break above 26,100 could open the way toward 26,300, while a fall below 25,700 may invite deeper consolidation. Analysts from Choice Broking and others note the index has formed a bearish daily candlestick and remains range-bound despite a six-session gain. With global inflation, crude and trade-deal risks looming, market participants are staying cautious while watching volumes and sector breadth for signals of a fresh leg higher.
According to technical analysts, India’s Nifty 50 faces a resistance zone near 26,000 to 26,100 and key support between 25,700-25,750. A decisive break above 26,100 could open the way toward 26,300, while a fall below 25,700 may invite deeper consolidation. Analysts from Choice Broking and others note the index has formed a bearish daily candlestick and remains range-bound despite a six-session gain. With global inflation, crude and trade-deal risks looming, market participants are staying cautious while watching volumes and sector breadth for signals of a fresh leg higher.
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