Nifty 50 is managing to hold higher and is also getting good follow-through rise after the strong rise on Wednesday. The index touched a new high of 26,295 in the early trades and is now currently trading at 26,270, up 0.24 per cent. The advances/declines ratio is at 22:28. This leaves the picture mixed. If the trend fails to shift in favour of the advances, then there is a danger of seeing a fall during the day.
Nifty 50 Outlook
There is resistance in the 26,280-26,300 region. Failure to breach 26,300 can drag the index down to 26,200-26,150. A fall below 26,150 might be difficult now. But if that happens, then there can be an extended fall to 26,100 during the day.
Nifty has to rise past 26,300 decisively in order to go further higher towards 26,400.
Nifty 50 Futures
The Nifty 50 December Futures (26,430) is up 0.18 per cent. The contract touched a high of 26,470 and has come down from there.
Intraday support is around 26,380. A break below it can drag the contract down to 26,320-26,300 during the day. However, a fall below 26,300 is less likely.
As long as the contract trades above 26,300, the bias is bullish to see 26,550-26,650 on the upside in the coming days.
Trade Strategy
Traders can go long on dips at 26,360 and 26,320. Keep the stop-loss at 26,270. Trail the stop-loss up to 26,390 as soon as the contract goes up to 26,420. Revise the stop-loss higher to 26,440 and 26,480 when the price touches 26,470 and 26,510 respectively. Exit the long positions at 26,530.
Supports: 26,300, 26,200
Resistances: 26,550, 26,650
Published on November 27, 2025
