Nifty Dips, Suggests Range-Bound Movement Ahead

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Nifty Dips, Suggests Range-Bound Movement AheadNifty 50 IndexNSE:NIFTYGoodluckCapitalIndian markets ended the week with a decline of nearly one percent, driven by lingering concerns over global tariffs and a weak start to the earnings season. The 25,500 level has now turned into a strong resistance zone, marked by heavy call writing, while 25,000 continues to act as a solid support level backed by significant put writing. Given these dynamics, the index is likely to enter a consolidation phase, with upcoming earnings announcements expected to keep sectoral volatility elevated.