The Nifty index extended its winning streak for the fifth straight session on October 21, sustaining a firm bullish tone ahead of the monthly expiry. The index closed the Muhurat trading session at 25,868.60 with moderate gains. It continued to demonstrate impressive resilience and robust follow-through buying, with every minor dip being swiftly absorbed by participants. Trading well above its breakout neckline, the index has reaffirmed its dominant uptrend and solidified its bullish chart structure.

Technical Overview

From a broader technical standpoint, the index remains entrenched in a well-established higher-high, higher-low formation, underscoring persistent bullish control. The recent breakout above the 25,650 level has created a strong foundation, transforming former resistance zo

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