NIFTY 50 is consolidating just below record highs, trading around 26,150–26,200 with a mildly positive undertone after a brief bout of profit‑booking. Key support sits at 26,100–26,000 (and deeper at 25,850), while resistance is placed at 26,300–26,325; staying above support keeps the structure bullish with scope toward 26,500 in the short term. Momentum indicators like RSI near 59, positive MACD and overperforming Stochastic/CCI suggest healthy trend strength, though the overbought zone may cause intraday volatility. Overall, the setup favours a “buy on dips” approach as long as Nifty holds above 26,000–25,850 levels.
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