NIFTY Index Chart Analysis

Nifty Remains Structurally Strong; Close Above 25,200 Key for Momentum

Indian markets have recently been on a roller-coaster ride, driven largely by geopolitical developments. However, the recent ceasefire agreement between Iran and Israel brought optimism to the Street, resulting in a cheerful opening on Tuesday. This positive sentiment pushed the Nifty 50 index out of its 700–750-point consolidation range, where it had been trading for over a month.