Nifty Realty IndexBias: Range BoundLast close: 393.75The Nifty Realty Index has been observed on daily technical charts, which reveal important price levels and trends in the market. The current market price (CMP) of the index is 393.75, and it has been trading in a narrow range between 389 to 402.The upper limit of this range is also known as the resistance level, while the lower limit is known as the support level. It is important to note that the index has been unable to break through the resistance level despite multiple attempts, indicating that there is significant selling pressure in the market at this level.In technical analysis, a breakout occurs when the price of an asset breaks through a significant resistance or support level, indicating a potential change in trend.In the case of the Nifty Realty Index, a bullish breakout is expected if it closes above the resistance level of