The Nifty 50 is in a consolidation phase, trading within a 25,750-26,230 range, but maintains structural strength above the 25,970 support level. Analysts maintain a bullish outlook, suggesting a buy-on-dips strategy. Upside targets are projected at 26,350 and 26,500 if support holds. A bull call spread strategy is recommended for traders seeking capped risk and reward in a potential market rebound.