Headline index Nifty today ended its six-session gaining streak to finish in the red amid selling pressure in IT, FMCG and pharma stocks. The Nifty remained confined within a 150-point range, marking the second consecutive day of consolidation.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that a bearish engulfing pattern has formed on the daily chart, suggesting a pause in the ongoing price rise. "The hourly RSI has entered a bearish crossover, and the index has formed a lower top on the hourly timeframe, indicating an initial weakening of the trend. On the lower end, support is placed at 25,850; a fall below this level might trigger further correction towards 25,700. On the other hand, resistance is visible at 26,000–26,050, above which the tren

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