Will Nifty Sustain Above 25,800 to Extend the Upside Today
About Today’s Nifty Spot Setup
Nifty closed at 25,815.55 after defending the 25,800 zone on a closing basis. Despite intraday weakness, the index showed resilience by recovering from lower levels and managing to end marginally positive.
From a moving average perspective, Nifty is trading below its short-term hourly averages but remains close to its 40-day EMA, indicating a range-bound structure with a directional bias dependent on support holding.
Key Levels to Track
🔹 CMP: 25,815.55.
🔹 Intraday Support: 25,726.
🔹 Closing Basis Support: 25,800.
🔹 Lower Support Zone: 25,693 → 25,570.
🔹 Immediate Resistance: 25,890–25,920.
🔹 Higher Resistance Zone: 25,985–26,060.
Yesterday’s low of 25,726 acted as a strong demand zone, from where buying interest emerged. As long as this level is protected on an intraday basis, the probability of a pullback rally remains intact.
Moving Average Snapshot
| Indicator | Level | Implication |
|---|---|---|
| EMA 20 Hour | 25,852 | Immediate resistance |
| EMA 40 Hour | 25,884 | Near-term supply |
| EMA 20 Day | 25,930 | Key upside hurdle |
| EMA 40 Day | 25,832 | Immediate trend anchor |
If Nifty manages to hold above the 25,800 zone on a closing basis, it may attempt a move toward the 25,890–25,920 resistance band, followed by higher levels near 25,985–26,060. However, failure to defend this support could open the door for a decline toward 25,693 and lower.
👉 Such index-level structures are closely tracked through Nifty Tip for confirmation across futures and options activity.
Investor Takeaway: Derivative Pro & Nifty Expert Gulshan Khera, CFP® believes Nifty remains in a narrow but decisive zone. Sustaining above 25,800 could tilt the bias upward, while a breakdown below 25,726 may revive selling pressure. Discipline around levels is essential in such range-bound markets. Follow such rule-based index views at Indian-Share-Tips.com, which is a SEBI Registered Advisory Services.
SEBI Disclaimer: The information provided in this post is for informational purposes only and should not be construed as investment advice. Readers must perform their own due diligence and consult a registered investment advisor before making any investment decisions. The views expressed are general in nature and may not suit individual investment objectives or financial situations.
