Is Nifty 50 Finally Ready to Break Its Lifetime High?

Nifty 50 is showing solid strength with a clear higher-low structure and price holding firmly above the 50-day and 200-day averages, but it is still hovering near a major resistance zone around 26,350. Momentum remains healthy with RSI near 63 and steady buying volumes, while supportive macro cues like easing inflation, stable global markets, firm financial flows, and strength in banks, IT and FMCG add to the positive sentiment. A decisive close above 26,500 could trigger a clean breakout to new lifetime highs, but until that happens, the 26,000–26,500 range remains the key zone to watch.