For retail investors, the Indian stock market currently shows a cautiously optimistic outlook with select buying and selling opportunities based on recent data and technical levels. The Nifty 50 index is trading near resistance around 26,300–26,400, with immediate support seen in the 26,000–26,150 range. Investors can consider buy-on-dip strategies near support and sell or book profits near resistance in this range ��.Key sectors favoring buying include banking, as the Bank Nifty is near the psychologically important 60,000 level with potential to break higher. PSU banks and selected financials remain attractive due to expectations of strong credit growth and stable asset quality. Long-term quality picks for retail include ICICI Bank, Tata Consultancy Services, and Bharti Airtel, which have solid fundamentals and growth potential ��.On the other hand, some sectors like consumer durables and FMCG are undergoing mild profit booking after recent rallies, suggesting caution for fresh buying here. IT stocks have shown mixed signals amid global tech volatility. Retail investors are advised to reduce exposure in richly valued midcaps that have run up sharply and to maintain risk management discipline ��.For short-term trading, support levels around 26,000 and 25,850 are crucial. A break below these could indicate a further downside, while sustained strength above 26,300 could open targets toward 26,500 and eventually 26,800. Overall, a buy-on-dip and sell-near-resistance approach aligned risk-reward in the current market environmen recommended ��.In summary, retail investors should focus on top-quality banking and technology stocks for medium term, stay cautious on overextended sectors, and use key Nifty support/resistance levels to time entry and exit for optimal
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