Gap-up open… but now the market is just stuck near resistance. Opened strong and straight into the 24300–24350 zone, tried breaking it a couple of times… failed. Since then, just moving sideways. Under the surface though, it’s strong: Breadth is heavily positive, midcaps outperforming, almost every sector participating. This is not weak. Where the money is going: Capital markets, tourism, railways, internet - clear risk-on + high beta participation No defensive hiding today. Important part: Index is not moving… but stocks are. That usually means supply sitting at resistance Structure: 24300 is the level. If it breaks → momentum can expand If not → this turns into distribution near highs Right now it’s simple: Strong market… just waiting for that breakout.

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