On the weekly time frame, there is a breakout of bullish flag formation which indicates much more potential upside in the coming days. Momentum indicators are also supporting the current bullish momentum.
Nifty to consolidate between 25,850–26,300 in coming weeks: Rajesh Bhosale
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate