
Vaishali Parekh, speaking on the Nifty 50 index, noted signs of exhaustion and a gradual slide, closing near the 26000 zone. She identified crucial support at the 50-DEMA level around 25,850. Parekh stated that clearing the near-term hurdle at 26,250 is necessary for an upward move, with a potential target around the long-term trendline zone at 25,450.