On the technical front, immediate support is placed around 56,900–56,800, followed by a stronger support zone near the 50-DMA at 56,352. A sustained breach below these levels could accelerate selling pressure towards the 100 DMA near 55,812. On the upside, immediate resistance is seen around the 200 DMA at 57,422, followed by the 21-DMA near 57,645, with a stronger hurdle around 57,800–58,000. Looking ahead, the index is likely to remain range-bound until a decisive breakout occurs.
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