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Nifty 50 continues to trade within a broader consolidation range, with resistance consistently emerging in the 23,800–23,900 zone. Over the past nine sessions, the index has made a high near 23,860 and a low around 23,263, indicating a range-bound structure with no decisive breakout yet. Technically, strong buying interest continues to emerge near the lower support zone of 23,300–23,250, while repeated rejection near the upper resistance band is capping upside momentum. A sustained breakout above 23,900 could strengthen bullish momentum and push the index toward the 24,000–24,200 levels. On the downside, a break below 23,250 may weaken sentiment and drag the index toward the 23,000 mark. Overall, unless either side of the range is decisively breached, the index is likely to continue trading within the current consolidation band.