The Nifty 50 is expected to consolidate further with a positive bias, finding support at 25,300–25,250 and resistance at 25,500–25,600.
Analysts suggest traders are cautious due to uncertainty from US trade policy negotiations and key corporate earnings, with the index forming a doji candle signaling market indecision.
Bank Nifty is also expected to extend consolidation with key support at 56,000–55,500, with Bajaj Broking Market Research anticipating a range of 56,000-57,500 in upcoming sessions.
Immediate support for Nifty lies at 25,222 and 25,120, with resistance at 25,500-25,750 as noted by technical analysts at Choice Broking.