The Nifty 50 briefly touched the crucial 26,000 mark but failed to sustain the level amid profit booking, ending the volatile session nearly flat with a mild positive bias. Despite the choppiness, the index continued its higher-high formation for the fourth consecutive day and remained comfortably above all key moving averages, with short-term averages trending upward, indicating a positive undertone.

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Momentum indicators reinforced the bullish sentiment — the RSI stood at 61.36, confirming a positive crossover, while the Stochastic RSI maintained its bullish crossover. The MACD also trended higher, narrowing the gap with the signal line, while the fading weakness in the histogram since the beginning of the week reflected strengthening momentum. These signals suggest that the

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