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#nifty50
Nifty 50 is currently consolidating near the key 26,200–26,300 resistance zone, which also aligns with the Weekly Target-1. A strong weekly close above 25,326 has confirmed prior resistance as new support, keeping the broader trend positive. Upside momentum can extend towards 28,098 – 28,588 (Monthly Target-2 zone) if the index sustains above 26,400. However, a weekly close below 25,326 may trigger a downside move towards 23,917 – 23,400 (Weekly Support-1). Overall structure remains bullish with caution at resistance.