Nifty 50 shows a bullish structural bias trading above all key moving averages (5-DMA 26,065 outperform, 50-DMA 25,653 outperform, 200-DMA 24,662 outperform) with positive momentum indicators: RSI(14) 55.90 (outperform), MACD 120.52 (buy), Stochastic 72.85 (outperform). Recent pullback to 25,917 (-1.03% from 26,186) finds support near 26,000 put OI base and 25,950 demand zone, with resistance at 26,200-26,350. Pivot analysis confirms upside potential to 26,264 (R1) if holds above 26,048 (S1), maintaining higher highs-higher lows pattern.
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