neutral
Recently
Nifty, Bank Nifty remain range-bound near key technical levels
Benchmark indices continue to trade in a narrow range, with analysts highlighting key resistance near 26,000 for Nifty and support around 25,700 amid weak momentum signals.
Market participants are closely watching benchmark indices as price action tightens near crucial support and resistance zones. The Nifty closed at 25,898.55, holding above its demand area but facing resistance near the 20 day and 50 day exponential moving averages. Bank Nifty ended at 59,209.85, remaining below immediate resistance near 59,500 amid lower highs.