Nifty 50 is under pressure and has declined sharply in the opening trades. It is currently trading at 25,510, down 0.78 per cent. The advances/declines ratio is at 14:36. This is negative. If this trend sustains, then more fall can be seen during the day. Sharp fall in the IT stocks has dragged the Nifty lower today. The Nifty IT index is down over 3 per cent so far.
Nifty 50 Outlook
The strong fall below 25,600 is a negative for the Nifty. The region between 25,580 and 25,600 will now act as a good intraday resistance and cap the upside. As long as the Nifty stays below 25,600, the bias will negative to see a fall to 25,400-25,350 in the coming sessions.
A strong rise above 25,600 is needed to ease the downside pressure. Only then the chances of a rise back to 25,700-25,800 will come back into the picture.
Nifty 50 Futures
The Nifty 50 February Futures (25,525) is down 0.7 per cent. The contract has declined well below the key support level of 25,580. The bias is negative. The Nifty 50 February Futures contract can fall to 25,370-25,350 in the coming sessions.
The region between 25,580 and 25,610 is a key resistance for the day. The contract has to rise above 25,610 to move higher towards 25,750. That looks less likely for now.
Trade Strategy
Traders can go short now at 25,525. Add more shorts on a rise at 25,570. Keep the stop-loss at 25,630 initially. Trail the stop-loss down to 25,495 as soon as the contract falls to 25,460. Revise the stop-loss down to 25,465 and 25,440 when the contract touches 25,435 and 25,410 respectively. Exit the short positions at 25,380
Supports: 25,400, 25,350
Resistances: 25,610, 25,750
Published on February 24, 2026
