Technical

Do not rush to take any positions in hurry now, wait for it to clear

Nifty 50 weekly chart: do not rush to take any positions in hurry now, wait for it to clear.

A simple picture why there is no rush for fresh buying

Nifty weekly chart with trendlines and RSI: why there is no rush for fresh buying. 26100 is a major hurdle; fresh entries only once Nifty sustains a close above it.