Short term - Technical Outlook
Nifty 50 continues to consolidate within the well-defined 25,400–25,800 range. Immediate support is placed in the 25,400–25,300 zone, marking a key demand area aligned with recent swing lows. On the upside, resistance is seen at 25,650–25,750, coinciding with a cluster of short-term EMAs. A sustained move above 25,800 could gradually open the path toward the psychological 26,000 level. Conversely, a decisive break below 25,400 may extend the decline toward 25,200. Momentum indicators suggest a pause in strong directional bias. RSI is flattening near neutral levels, while MACD is also stabilizing, reflecting an indecisive but balanced structure. Overall, movement between 25,300 and 25,800 appears probable, with selective accumulation on dips near support remaining a practical approach until clearer global cues emerge.

Short term Research Report Call
Buy Above: 25600 | Targets: 25660, 25720, 25800 | Stop-loss: 25550
Sell Below: 25400 | Targets: 25330, 25250, 25180 | Stop-loss: 25450
 

Short term Chart

Long term - Technical Outlook

Nifty is trading in a broader range. On the higher side, 26,300-26,50 is emerging as a crucial resistance zone; a decisive breakout above this level could trigger further upside, opening the path toward 26,000 and potentially new lifetime highs. On the downside, strong support is identified in the 24,400–24,200 band, which is likely to act as a demand zone on pullbacks. However, a sustained breach of this support region may invite profit-booking and corrective pressure, dragging the index lower toward the 24,300 mark or even below. Overall, the technical setup favors the bulls as long as Nifty maintains strength above its support levels, with every dip presenting a buying opportunity until proven otherwise.

Long term Research Report Call
Buy Above: 25600 | Targets: 25660, 25720, 25800 | Stop-loss: 25550
Sell Below: 25400 | Targets: 25330, 25250, 25180 | Stop-loss: 25450
 

Long term Chart

The Indian equity market commenced today’s session on a relatively subdued note, reflecting a cautious undertone amid overnight weakness on Wall Street and mixed cues from Asian peers. Persistent uncertainty surrounding global tariff negotiations and cross-border trade policies, coupled with rising speculation over the next US course of action regarding Iran, continues to temper aggressive risk-taking and keep investor sentiment guarded. 

Nifty 50

Nifty 50 opened lower and is currently hovering near the critical 25,400 support zone, which has repeatedly acted as a structural demand base. As long as this level is defended on a closing basis, the broader consolidation framework remains intact. A decisive break below 25,400 could expose the index to 25,300–25,250, aligning closely with the 200-day EMA and acting as the next technical cushion. On the upside, 25,600 continues to serve as the immediate supply zone; a sustained move above this barrier may trigger short covering and extend momentum toward 25,800–26,000. 

Momentum indicators reflect gradual softening. RSI is positioned in the low-40s, suggesting weakening momentum but not yet an oversold condition, while MACD remains in negative territory. The near-term bias tilts mildly on the downside, though controlled volatility could encourage selective dip-based positioning near structural supports.

Bank Nifty

Bank Nifty opened around 61,086 and continues to consolidate within its recent trading corridor. Immediate support is placed at 60,900–60,600, a crucial demand cluster required to maintain structural stability. On the upside, 61,400–61,500 remains the immediate resistance band. A decisive close above this zone could re-establish upward momentum toward higher swing levels. 

RSI is hovering near 55 but gradually easing, indicating fading momentum strength. MACD remains in positive territory but is approaching a potential crossover zone, which would warrant caution if support levels are breached. The short-term tone has moderated, and the index may continue to oscillate within a defined band unless a breakout or breakdown confirms directional bias.