Daily_Technical_Report_220926

The Indian equity market extended its recovery for a fourth consecutive session, opening the week on a positive note. Following a largely flat start, benchmark indices displayed resilience as buyers retained a modest advantage throughout trading session. Consistent support at lower levels sustained upward momentum despite intermittent volatility, portraying a higher lows formation in intraday. The Nifty50 index closed 0.30 percent higher, settling above the 23400 mark and reinforcing a constructive near-term outlook for domestic equities amid improving investor sentiment and broad-based market participation across key sectors.