Technicals

The weekly options data suggested that 25,500 is expected to act as a crucial support, with strong resistance at 26,000.

Markets fall 2.5% this week: Will Nifty hit 25,400 or 25,900 on Monday? All eyes on US Supreme Court ruling on Trump tariffs

BSE-listed companies have lost around Rs 15 lakh crore in market capitalisation over the last five sessions of selling.

Trading Plan: Will Nifty 50 snap 4-day losing streak, Bank Nifty defend 20 DEMA?

Momentum indicators and a rising VIX signalled caution for bulls. The next support is placed at 25,700, and if Nifty 50 falls decisively below this level, a move toward 25,600–25,500 cannot be ruled out.

Trade Spotlight: How should you trade Emcure Pharma, Alkem Laboratories, Indus Towers, Titan, Torrent Pharma, and others on January 9?

The market is expected to consolidate with range-bound trading after the sharp correction. Below are some short-term trading ideas to consider.

Trade setup for January 9: Top 15 things to know before the opening bell

The rebound may be possible, but sustainability is the key to watch. If the index sustains below the 50 DEMA (25,900), the downward journey may extend toward 25,700, followed by 25,500. However, on the higher side, 26,000 is expected to act as resistance.

Technical View: Nifty drops 1%, breaks 50-DEMA support amid cautious VIX; bears may gain more strength if sustains below 26,000; Bank Nifty outperforms

The weekly options data suggested that the Nifty 50 may trade in the 25,500–26,200 range in the short term.

Trading Plan: Can Nifty 50, Bank Nifty break below Wednesday’s low amid ongoing consolidation?

If the Nifty 50 fails to defend the previous day’s low (26,068, which is slightly below the 20-day EMA), selling pressure may drag the index toward the crucial support of 26,000. On the upside, resistance is placed in the 26,200–26,250 zone.

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The market is likely to consolidate further with a negative bias. Below are some short-term trading ideas to consider on January 8.

Trade setup for January 8: Top 15 things to know before the opening bell

Consolidation with range-bound trade is expected to continue for a few more sessions before the index stabilises and rebounds.

Technical View: Back to back Doji candles signal limited downside in Nifty 50, consolidation may continue with 20 SMA support

Weekly options data suggest that the Nifty 50 is expected to face resistance near 26,200 in the near term, with support placed at 26,100–26,000 levels.

Trading Plan: Will Nifty 50 extend its losing streak for a third session, Bank Nifty eye record high?

If the Nifty 50 sustains below 26,200, the consolidation may continue, with crucial support at 26,000, below which selling pressure may widen. However, above 26,200, the 26,300–26,400 levels are ones to watch.

Trade Spotlight: How should you trade Pidilite, Fortis Healthcare, Sun Pharma, Emcure, Tata Consumer Products, and others on January 7?

Consolidation is expected to continue in the market for the next few sessions. Below are some short-term trading ideas to consider.

Trade setup for January 7: Top 15 things to know before the opening bell

If the Nifty 50 sustains below 26,200, the consolidation may continue, with the crucial support of 26,000 likely to be tested in the next few sessions, as a decisive fall below this level could bring bears into action. However, the 26,300–26,400 zone is expected to act as a resistance area.

Technical View: Trendline breakdown signals caution for Nifty Bulls; next support at 26,100, Bank Nifty outperforms, holds 60,000

The next support for Nifty 50 is placed at 26,100, which coincides with the 10-day EMA and Tuesday’s low. If the index decisively breaks this level, the crucial support of 26,000 will be the level to watch, as a decisive fall below it could shift momentum from bullish to bearish. On the upside, 26,300 can act as a hurdle.

Trading Plan: Can Nifty 50 reclaim 26,300, Bank Nifty move above 60,200 amid possible range-bound trade?

If the Nifty 50 defends the 26,200 level, a possible move toward 26,300–26,400 cannot be ruled out, followed by 26,500. However, a decisive fall below this level could drag the index toward 26,000, which is the crucial support.

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The market may remain range-bound until it trades below Monday’s high. Below are some short-term trading ideas to consider.

Trade setup for January 6: Top 15 things to know before the opening bell

As long as the Nifty 50 holds above 26,200, the possibility of a rebound towards the 26,400–26,500 zone cannot be ruled out. However, a decisive break below this level could push the index into a consolidation phase, with 26,000 emerging as a crucial support.

Technical View: Long-term trend remains positive; Nifty may consolidate if trendline support breaks, rising VIX signals caution

The weekly options data suggested that Nifty may face resistance in the 26,400–26,500 zone, while support is placed at 26,200–26,000 levels.

Chartist Talk: Avoid Vodafone Idea; Escorts Kubota, Glenmark set for breakout, says Milan Vaishnav

One can certainly expect Nifty 50 to inch higher so long as it stays above 26,000 level, said Milan Vaishnav.

Trading Plan: Can Nifty 50 defend 26,200, Bank Nifty hold above 60,000 amid possible consolidation?

If the Nifty 50 manages to climb and sustain above the 26,350 zone, a rally toward 26,500 is possible. However, if it sustains below 26,350, consolidation may occur, with immediate support at 26,200, followed by 26,000 as a key support level.

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The trend may remain positive despite intermittent consolidation and minor profit booking. Below are some short-term trading ideas to consider.

Trade setup for January 5: Top 15 things to know before the opening bell

The Nifty 50 needs to decisively surpass 26,350 for a move towards 26,500–26,700. Until then, it may consolidate with range-bound trading, with the 26,100–26,000 zone acting as a key support, according to experts.

Chartist Talk: Sudeep Shah targets 26,500 for Nifty next week, bets on 4 stocks but advises caution on ITC

Sudeep Shah believes NHPC and Bosch look well poised to extend their upmove in the coming week, but advised caution on ITC after sharp fall last week.

Technical View: Convincing consolidation breakout lifts hopes of Nifty’s move toward 26,500; Bank Nifty targets above 61,000

Weekly options data also indicated that the Nifty 50 is expected to march toward the 26,500–27,000 range, with support placed in the 26,200–26,000 zone.

Trading Plan: Will Nifty 50, Bank Nifty maintain upward journey amid consolidation?

The Nifty 50 may gradually climb toward the 26,350–26,400 levels, but only after it convincingly surpasses and holds the 26,200 zone. Until then, consolidation may continue with support at the 26,050–26,000 levels.