Given the bearish bias in momentum indicators and the weak technical structure, the Nifty 50 is likely to fall toward the 25,000 mark, the next support zone. A further decline toward 24,900–24,800 cannot be ruled out. However, if it manages to defend Friday's low, 25,300 will be the immediate resistance to watch, followed by 25,500, according to experts.
If the NIfty 50 stays below these short-term averages, a fall toward 25,000 is likely. A further drop below that would bring 24,900 into focus as a crucial support. On the higher side, 25,300 is the immediate resistance; sustaining above this level could potentially reverse the trend.
Consolidation is expected to continue in the upcoming sessions until the frontline indices trade above their short-term moving averages. Below are some short-term trading ideas to consider.
Technical signals suggest that downside momentum may be gaining strength in Nifty 50, said Sudeep Shah of SBI Securities.
Bull Put Spread involves Selling and Buying of Puts of same expiry where the Sell Put is of a Higher Strike and Buy Put is of a Lower Strike.
I-Sec’s Dharmesh Shah expects volatility to remain elevated amid progression of earnings season coupled with Tariff related development wherein strong support is placed at 24,900-24,800 levels.
The weekly options data also indicates that the Nifty may face resistance at 25,300, with support at 25,000.
If the Nifty 50 breaks the key support zone of 25,300–25,200, the fall may extend toward the 25,000 zone, however, on the higher side, the 25,500 is the level to watch.
If the Nifty 50 breaks the crucial support zone of 25,300–25,200, the 25,000 level is the one to watch on the downside. However, on the higher side, 25,500 is expected to act as resistance, according to experts.
The market is expected to see further consolidation with a negative bias in the upcoming sessions. Below are some short-term trading ideas to consider.
The India VIX declined by 2.24 percent to 11.67, its lowest closing level since April 26, 2024, extending its downtrend for the third consecutive day.
From a levels perspective, a decisive move above the 25,550 zone could open the path toward 25,700–25,800. Conversely, a break below the 25,400–25,300 support zone could lead the Nifty 50 toward 25,200–25,000, according to experts.
The Nifty 50 has been trading within a 25,300–25,600 range for the past seven consecutive sessions. A decisive move above 25,600 could drive the index toward 25,700–25,800, while a breakdown below 25,300 would bring 25,200–25,000 into focus, experts said.
The frontline indices are expected to continue trading within the previous week's range. Below are some short-term trading ideas to consider.
The weekly options data suggested that 25,500 is expected to be the crucial zone for the Nifty 50, while the broad trading range is expected to be 25,000–26,000 in the short term.
With a breakout from a downward-sloping channel, the Nifty is expected to march toward the 25,600–25,700 zone, while support lies at 25,400–25,300 levels.
The 25,500 level is expected to be a crucial zone for the Nifty 50 in the upcoming sessions. If the index drops below this level, the 25,400–25,300 zone can act as support. However, if it holds above 25,500, a move toward 25,600–25,700 on the higher side can’t be ruled out, according to experts.
The consolidation and rangebound trading may continue until the frontline indices decisively surpass the recent swing high. Below are some short-term trading ideas to consider.
The weekly options data indicated that the Nifty 50 may trade in the range of 25,400–25,700 in the near term.
In the upcoming sessions, the Nifty 50 is likely to remain in the 25,300–25,700 range. A breakdown below 25,300 could open the door for a move toward 25,200–25,000, while a decisive breakout above 25,700 may drive the index toward the 25,800–26,000 zone.
The market is expected to remain directionless in the upcoming sessions. Below are some short-term trading ideas to consider.
According to experts, if the Nifty 50 decisively breaks below 25,300, then 25,200-25,100 could be the next levels to watch. However, a move above 25,500 on the higher side may drive the index toward the 25,650–25,700 levels.
The above weekly options data suggests that the Nifty 50 may trade in the 25,300–25,600 range in the near term, while the broader trading range remains at 25,000–26,000.
SEBI’s recent actions and public statements indicate a clear intent to prioritise market stability and investor protection, even if it means imposing stricter controls on sophisticated market participants, said Hedged's Rahul Ghose.
If the Nifty 50 manages to defend 25,300, an upward move toward 25,600–25,700 remains possible. However, a break below this level may drag the index down to the 25,200–25,000 zone.