Nifty consolidates: Analysts eye breakout above 25,500
Nifty stayed range bound Monday, hovering between 25,300-25,500. Analysts say a move above 25,500 or below 25,300 is needed for fresh trades. Technicals remain bullish with RSI above 60 and a flag pattern suggesting upside. Support lies at 25,200-25,300; resistance at 25,500-25,800. Momentum seen only after breakout.