Nifty 50 faces support at 25,700-25,800 levels. (Photo: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Nifty on Wednesday closed above the 26,000-mark, ending near its immediate resistance zone, which underscored the market's prevailing bullish dominance.

On the upside, the recent hurdle and all-time high zone of 26200–26,300 remains the next key resistance range, beyond which the index could witness fresh leg of sharp upside in the near term, said Rajesh Bhosale, equity technical analyst at Angel One.

This movement shaped a narrow consolidation band above its breakout neckline, indicating a healthy time-based correction amid continued follow-through buying, said Dhupesh Dhameja, derivatives research analyst at SAMCO Securities. According to him immediate resist

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