“Neutral on Sensex, expecting it to consolidate within the 77,000–78,300 range in the near term. A sustained hold above the 100-day EMA is crucial, with buying interest emerging at lower levels and the 77,000–77,400 zone providing support. Upward momentum could revive above 78,000–78,300, but until a decisive breakout or breakdown, the index will remain range-bound.”