** Recovery Attempt Amid Volatility** Domestic markets staged a rebound tracking positive global cues and optimistic remarks from Donald Trump. Despite the upside, underlying sentiment remains cautious as the Rupee continues to weaken and Foreign Institutional Investor (FII) outflows persist. **Technical Setup** The Nifty index is currently consolidating above its critical **200-day moving average**. While holding this support level is a positive sign, the index continues to face resistance at higher bands. Market volatility remains elevated, suggesting choppy trading sessions ahead. **Outlook & Triggers** Investors are adopting a wait-and-watch approach ahead of significant macroeconomic events. The immediate focus has shifted to upcoming corporate earnings reports, key US economic data, and policy announcements from the Bank of Japan.