<ul><li>The Nifty index has been in consolidation mode for the last 25 sessions but shows signs of moving higher after an uptick on Friday.</li><li>The previous advice to reduce activity and wait for trades to come to you rather than chasing them turned out to be good as the market didn't see significant movement for two weeks.</li><li>For options sellers, it was suggested to get active, which worked out well as the markets remained in a range during that period.</li><li>The technical charts indicate a possible breakout in the banking sector, hinting at a potential upward movement.</li></ul>

Nifty In Technical Charts: Bank Breakout Likely

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