Nifty50 ends week at 25,709, up 1.68%; India VIX jumps 7% - Religare Broking Ltd

Market Outlook
The Nifty 50 ended the week at 25,709, marking its third consecutive week of gains with a rise of 1.68%. India VIX climbed nearly 7%, indicating rising volatility ahead. On the weekly chart, the index broke above the falling trendline resistance and closed firmly above it. However, pause or consolidation could be in near term if the index fails to sustain above 25,500. On the upside, a breakout above 25,800 could open the path towards 26,000. Derivatives data supports this view, with fresh Put OI at 25,600 and 25,500 acting as base, while Call OI at 25,800 and 26,000 indicates resistance.
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