Bulls Hold Nifty Fort Despite Consolidation; 26,200 Key for Upside

• Nifty 50 consolidated but maintained uptrend, forming higher high–higher low structure for third day.
• India VIX hit a fresh record closing low of 9.38, reinforcing bullish sentiment.
• Technical indicators like RSI, Stochastic RSI, and MACD signal a positive trend for Nifty.
• Nifty faces immediate resistance at 26,200; support at 26,050, with upside targets 26,300-26,400.
• Bank Nifty closed flat with negative bias, facing crucial hurdle at 59,500-59,600.

Why It Matters: Nifty shows positive trend despite consolidation; India VIX at record low supports bullish outlook.