The has been moving within a 25,700-26,100 range, with recent candles showing high intraday volatility and selling pressure near resistance zones.
According to HDFC Securities’ Nagaraj Shetti, the index is undergoing short-term profit booking, but the overall trend remains positive.
Support is expected near the 25,800-25,700 levels, and a rebound from these levels could see the index testing 26,030-26,050, followed by 26,200-26,350 if momentum sustains.
