Short term - Technical Outlook
Nifty 50 has slipped below its key short-term moving averages  the 20-, 50-, and 100-day EMAs confirming emerging short-term weakness after the recent rebound failure. A bearish engulfing candlestick has formed, covering the prior three sessions and closing at a lower low, signaling distribution at higher levels. Immediate support is placed in the 25,400–25,300 zone, which remains a crucial demand area; a decisive breakdown below this region could open further downside toward 25,100–25,000, and in case of extended selling, even 24,700 near the rising long-term trendline support. On the upside, 25,675 now acts as immediate resistance, aligning with the 50-day EMA and shifting from prior support to a near-term hurdle. A sustained reclaim above this level is required for stabilization. Momentum indicators are mildly bearish, with RSI around 46 and tilting downward, reflecting weakening strength. Overall, the bias remains negative to range-bound, with consolidation possible near the slope support zone.

Short term Research Report Call
Buy Above: 25500 | Targets: 25570, 25640, 26700 | Stop-loss: 25450
Sell Below: 25350 | Targets: 25270, 25200, 25130 | Stop-loss: 25400

Short term Chart

Short term - Technical Outlook
Nifty 50 remains firmly positioned above its 20-, 50-, 100-, and 200-day EMAs, preserving a constructive short-term trend structure. Immediate support is placed around 25,300, which marks a prior resistance zone now acting as support. On the upside, the 25,900–26,000 band stands as a key near-term hurdle, representing a psychological barrier along with visible overhead supply and call-writing activity; a decisive close above this region is required to trigger further acceleration. If momentum sustains, the next upside extension could unfold toward 26,300.

Short term Research Report Call
Buy Above: 25500 | Targets: 25570, 25640, 26700 | Stop-loss: 25450
Sell Below: 25350 | Targets: 25270, 25200, 25130 | Stop-loss: 25400

Short term Chart

The Indian stock market opened on a flat note, reflecting a cautious undertone. Escalating US–Iran geopolitical tensions, rising crude oil prices, a relatively hawkish U.S. Fed outlook, and persistent FII selling pressure are collectively reinforcing risk-off sentiment and keeping investors on the defensive in early trade.  
 

Nifty 50

Nifty 50 opened on a flat note around 25,400, reflecting a cautious undertone after recent weakness. Immediate support is placed in the 25,400–25,300 zone; a decisive breakdown below this band could extend the decline toward 25,200–25,100, which coincides with the 200-day EMA area, and potentially lower in case of aggressive selling. On the upside, 25,600 stands as the first resistance, acting as a prior support-turned-hurdle that needs to be reclaimed for stabilization. Further higher, the 25,700–25,800 zone will require a sustained breakout to restore near-term positivity. The RSI around 45–46 is flattening, indicating a lack of strong momentum and reinforcing a range-bound bias. Selective dip-buying may emerge near key supports if volatility cools, but an elevated India VIX (around 13.46+) warrants caution against sharp intraday swings.
 

Bank Nifty

Bank Nifty opened on a flat note, mirroring the broader market tone and reflecting relative weakness amid prevailing pressure. The index is hovering above the crucial 60,500–60,300 demand zone, which coincides with the 20-day EMA and remains a key support area for short-term structure. A sustained hold above this band is essential to prevent further downside. On the upside, immediate resistance is placed at 61,000–61,100, where prior price levels may act as a hurdle; a decisive reclaim is required to initiate recovery. Further higher, 61,300–61,500 stands as the next resistance cluster, which would need stronger momentum to unlock meaningful upside continuation. The RSI is in the mid-50s, reflecting a neutral stance without clear directional strength. Overall, the bias remains cautious to range-bound, with a potential rebound only if the 60,500 support zone holds firmly.