A strong start, but interestingly capped right at resistance - price moved, structure paused. Despite the sideways action in index, the real story was underneath: • Breadth exploded (2839 vs 438) • Midcaps outperformed • Almost every sector participated No weak pocket at all This wasn’t just a rally… it was a broad-based expansion. Flows seem to be aligning with improving global sentiment and continued optimism around earnings + domestic growth visibility. IT strength also hints at stability in global cues, while capital markets & tourism momentum shows risk-on behavior is picking up again. Nifty closing near highs after failing to break resistance intraday tells you one thing, supply is getting absorbed, not rejected aggressively. Now the real question is whether it break out clean next session or build a tighter base before the move.

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