NIFTY 50 is consolidating after a minor pullback, trading around 26,135–26,200 with 20-day EMA support at 25,968 holding firm as a key demand zone. Short-term MAs (MA5/MA10) show Sell while longer MAs (MA20/MA50) are Buy, with RSI(53.9) Neutral, MACD(29) Buy, ADX(25) Buy, but STOCH(99) Overbought signaling caution on rallies. Pivot supports at 26,121(S1)–26,001(S2) and resistance 26,218(R1)–26,387(R2); holding above 25,968 favors “buy on dips” toward 26,300, while break below risks 25,842.
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