Morning Market Vuew:

Nifty is likely to trade with a cautiously positive to range-bound bias, as global cues remain mixed and investors stay watchful of crude oil movement and US bond yields. Technically, the index is holding above its near-term support zone, indicating underlying strength, but upside may face resistance near recent swing highs where profit booking could emerge. Bank Nifty is expected to trade with a mildly positive but volatile bias, tracking the broader market recovery while remaining sensitive to global cues and interest rate expectations. Technically, the index is holding near key support zones, indicating that downside may be limited unless these levels are decisively broken. Immediate support is seen in the lower range, while resistance is placed near recent highs where selling pressure could emerge.