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Daily Technical View on Nifty

* Nifty 50 recovered from day's low in the last leg of the trade to end Sept 25 at record close for the fourth consecutive session.

* At close, Nifty was up 0.25% or 63.8 points at 26004.2.

* Cash market volumes on the NSE were 12.6% lower compared to the previous session.

* Broad market indices ended in the negative even as the advance decline ratio fell to 0.68:1.

* Nifty broke out of the previous two days range forming an engulfing bull pattern on Sept 25 though its position at the highs is not ideal.

* Nifty continues to witness dip buying and is now headed towards 26250 in the near term. 25611-26791 band could offer support.

* Realty, Metals and Private banking continued to perform well and same is expected to continue.

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SEBI Registration number is INZ000171337