On the technical front, immediate support is placed at 55,000–54,500, a zone that previously acted as a demand base. Resistance is seen at 56,800–57,200, aligned with the 100- and 200-day moving averages, with a stronger hurdle near 58,000. A sustained move above 57,000 could trigger further short covering, while failure to hold above 56,000 may lead to renewed consolidation.
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