Nifty is approaching a buy‑on‑dips zone, with options and pivot levels highlighting strong support around 25,700 (50‑DEMA + major Put OI), while price is already near the lower Bollinger Band, signalling a near‑term oversold setup within a broader uptrend channel. Momentum is cooling but not broken: RSI(14) has slipped to the mid‑40s and MACD is negative, indicating short‑term weakness; however, the rising longer‑term structure and mean‑reversion behaviour favour a bounce if 25,700 holds. As long as the index sustains above 25,700 on a closing basis, traders can look to build staggered longs near 25,700–25,750 for potential upside toward 25,950–26,000 initially and 26,200 on extension, keeping a tight stop just below 25,700.
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