Warning-
as we can see that Nifty is currently trading in a consolidation phase after recent correction, but the overall structure remains constructive with buying emerging at lower levels. The index is expected to oscillate within a range while maintaining a positive bias, which typically sets up for a gradual upside move once resistance breaks
On the technical front, RSI is hovering around 55–57 levels, indicating a healthy bullish zone (not overbought), which leaves room for further upside expansion . This kind of RSI structure generally supports trend continuation rather than reversal.
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