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January Series Opens Firm as Technical Charts Signal Upside Momentum
Markets opened the January series on a positive note as technical indicators strengthened. Analysts see Nifty’s 26,200 level as crucial for fresh highs, while Bank Nifty’s breakout has raised expectations of continued upside momentum.
Indian equity benchmarks started the January derivatives series on a strong footing, with Nifty holding above key support levels and momentum indicators turning positive. Analysts highlight 26,200 as an important resistance for fresh highs, while Bank Nifty’s decisive trendline breakout has improved sentiment, opening the path toward higher targets if volumes remain supportive.