Nifty technical update for the day

Nifty technical update for the day 1) Chart attached in media 2) This is 4 hour chart 3) SMA 50 we have seen as major support 4) In last 2 occasions (recently) the market has bounced from here. 5) We are expecting a retracement here 6) Overall sentiments are still positive. We are in buy the dip market. 7) Support 25900-26000 8) Supply 26250-26300 9) All this is for information. 10) Stock on radar

11) This is not a buy/sell recommendation. Thank you, Technofunda24