Nifty moved sharply higher following the policy announcement and continues to trade above the 21-day exponential moving average.
The rate cut and upward revision in economic growth forecast was on expected lines given the fall in CPI inflation and sharp growth in economic numbers in September 2025 quarter.
If the Nifty 50 sustains above the psychological 26,000 level in the upcoming sessions, the 26,100–26,200 zone will be the levels to watch, but falling convincingly below it can open the door for the 25,900–25,800 zone.
The market is expected to remain rangebound until it trades below record high levels. Below are some short-term trading ideas to consider.
As long as the Nifty 50 defends 25,900 as support, an upward move toward 26,100–26,300 amid consolidation is possible in the upcoming sessions. However, a decisive fall below this level can open the door for 25,840, a crucial support, according to experts.
Nifty inched up in early trade but later pared most of its gains as profit-booking led to sharp intraday swings.
Until the Nifty 50 holds this level on a closing basis, the possibility of a rebound toward 26,000–26,100 is high, but falling decisively below it can open the door first for 25,800 amid consolidation.
The market is expected to consolidate with a negative bias in the upcoming sessions. Below are some short-term trading ideas to consider.
If the Nifty 50 convincingly falls and sustains below 20 DEMA and 20 SMA, bears may gain strength and drag it toward 25,840 (last Wednesday's low). In case of a rebound, 26,070 and 26,150 are the levels to watch, according to experts who advised caution.
The weekly options data suggested that the Nifty is expected to trade in the 25,500-26,500 range in the short term.
India’s proposal to embed a government app inside every smartphone is being sold as cyber safety, but it is fundamentally a test of constitutional restraint. The move raises urgent questions about surveillance, personal autonomy and the quality of digital policymaking itself
For the Nifty 50, psychological 26,000 mark can be an immediate support, while the crucial support is placed at the 25,966–25,840 zone. As long as the index holds this crucial support zone, the possibility of a rebound toward the record high can be seen.
The bears may gain strength if the market convincingly breaks the 20-day EMA and the midline of the Bollinger Bands. Below are some short-term trading ideas to consider.
As long as the Nifty 50 trades below 26,300, the key resistance zone for a sharp upmove, consolidation and rangebound trading may continue, with key support at the 25,900–25,850 zone, below which the selling pressure may widen, according to experts.
Analysts said the Nifty must hold the 25,950 zone to attempt a move back toward recent highs.
As long as the Nifty 50 holds the 25,900 support, the possibility of the beginning of a new leg of up-move is high toward 26,500, while the immediate support is placed in the 26,100–26,000 zone.
The market is expected to consolidate further until it gives a convincing close above Monday's high. Below are some short-term trading ideas to consider.
According to experts, the Nifty 50 index may consolidate further with support at 26,100-26,000, followed by 25,900 as a crucial support level. On the higher side, 26,300 is expected to act as a key resistance zone, as a decisive close above it could open the door for a sharp upmove.
Nifty slipped 27.20 points, or 0.10 percent to settle at 26,175.75. The index had climbed 122.85 points or 0.46 percent earlier to hit an all-time high of 26,325.80.
While the Nifty is yet to decisively breach its all-time high, unlike the Bank Nifty, both the price structure and candlestick formations suggest it could do so soon, said Rahul Ghose.
In the ongoing momentum, if the Nifty 50 reclaims and sustains above 26,310 (record high), the 26,500–26,600 levels are the ones to watch, while the immediate key support is placed at the 26,100–26,000 levels.
The trend is expected to remain in favour of the bulls despite consolidation. Below are some short-term trading ideas to consider.
If the Nifty 50 reclaims and sustains above last week's high of 26,310, an upward move toward 26,400–26,500 is likely in the upcoming sessions, while immediate crucial support is placed in the 26,100–26,000 zone, according to experts.
With strong higher-timeframe momentum, resilient support zones, easing FPI shorts, and options positioning favouring a bullish undertone, Nifty enters December on a firmly positive footing.
The Nifty IT index is trading comfortably above its 200-day EMA, reinforcing the ongoing strength in its structure, said Sudeep Shah.