Nifty Breakout Looms: Modi-Trump Talks, FIIs Boost Market Sentiment

• Nifty is poised for a potential breakout, driven by technical signals, global sentiment, and political developments, despite struggling in its current range.
• Market breadth is strong, with Nifty recovering from lows and FIIs showing net buying, indicating active purchasing on dips.
• PM Modi and US President Trump's discussions on trade, defense, and critical tech signal a likely India-US trade deal, positively impacting market sentiment.
• Nifty is expected to open above 26,000; sustaining this level could lead to new highs. Bank Nifty shows greater strength, maintaining its 20 DEMA.
• The market strategy suggests buying on intraday dips, particularly in IT and Metal sectors, with anticipated insurance sector reforms potentially adding further upside.

Why It Matters: This story matters as it signals a potential Nifty breakout and offers market strategies.