Nifty 50: Doji Candles Hint Limited Downside; Consolidation Expected at Key Support

• Nifty 50 formed back-to-back Doji candles, indicating limited downside momentum despite recent weakness.
• Experts suggest Nifty 50 may consolidate with crucial support at 26,100-26,000 and resistance at 26,400.
• Momentum indicators like RSI and Stochastic RSI show caution, though the larger-degree positive structure remains intact.
• Bank Nifty closed below 60,000, with support at 59,600-59,500 and resistance at 60,200-60,300.
• India VIX dropped below 10, but staying above its 20-day SMA signals mild caution for bulls.

Why It Matters: Nifty 50 shows limited downside with consolidation; Bank Nifty also cautious but with support.