According to experts, if the Nifty 50 breaks and sustains below Monday’s low of 25,892, a move toward 25,800 and 25,700 may be seen in the upcoming sessions. However, in case of a rebound, 26,100–26,200 are the levels to watch.
The crucial support lies at 25,840; if the Nifty 50 breaks below this level, 25,700 (50-day EMA) can't be ruled out, and there could be a negation of the large-degree higher-high–higher-low structure. On the higher side, 26,100–26,200 is expected to act as a hurdle for the index.
The weekly options data suggested that 25,800 is expected to be immediate support, with resistance at 26,000-26,100.
The Nifty 50 is expected to march toward 26,300 in the upcoming sessions as long as it holds the 26,000 zone, below which 25,850 remains the crucial support. Above 26,300, 26,500 is the level to watch.
Friday's rally raised hopes for a move toward 26,300 in the upcoming sessions. Above this, 26,500 is the level to watch on the Nifty 50, while support is placed in the 26,000–25,900 zone, according to experts.
IndiGo's MACD has dipped below both the signal line and the zero line, accompanied by rising red histogram bars, reinforcing the negative setup, said Sudeep Shah.
Nifty moved sharply higher following the policy announcement and continues to trade above the 21-day exponential moving average.
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.
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.
Bank Nifty and FinNifty have historically been dominated by HDFC Bank and ICICI Bank, which will see their weightage in the indices reduce going ahead.
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.
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.
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.
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.
There will be a two-step selection process prioritising F&O-traded stocks, introduce circuit-filter based eligibility for prospective inclusions, and apply a similar new capping structure mirroring the Financial Services index.
NSE also said that the weightage of the top three constituents will be capped at 19%, 14% and 10%, respectively
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.
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.
Monday’s historic high in Bank Nifty comes after a record-setting week for financial stocks. The banking index extended a powerful rally that has already pushed its year-to-date gains to 17.5 percent -- far ahead of the Nifty 50, which has risen 10.7 percent so far in 2025.
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.