<ul data-eligibleForWebStory="false"><li>The NSE Nifty 50 is expected to consolidate in the coming weeks with a positive bias in the range of 25,200-25,700, based on analyst predictions.</li><li>On the weekly chart, the Nifty has formed a small bear candle, suggesting consolidation amid stock-specific action after a strong recent upmove.</li><li>Technical analysis indicates a non-directional market currently, awaiting a breakout, with the 20-day Simple Moving Average at 56,500 being a key level to watch for Bank Nifty.</li><li>Market indices settled higher on Friday after a two-day losing streak, but saw a weekly decline of over 0.75%; the Indian rupee marginally weakened against the US dollar on Friday.</li></ul>

Trade Setup For July 7: Nifty Likely To Consolidate, Resistance At 25,700

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