NIFTY 50 – Near All-Time High | Breakout or Pullback? Chart Analysis 📈 (Weekly + Daily Analysis)
Nifty50 is trading close to its All-Time High zone around 26,350–26,400, showing strong bullish structure visible clearly on the Weekly timeframe with consistent Higher Highs & Higher Lows. Trend remains intact with no signs of major reversal yet.
Weekly Key Levels
Major Resistance: 26,350 – 26,500
Immediate Support: 25,950 – 26,000
Key Swing Support: 25,600
Major Trend Support: 24,900 – 25,100
Daily Observation
Price is consolidating near the resistance zone.
Volume is slightly decreasing → indicating a possible momentum slowdown
If price breaks above 26,400 with volume, a fresh breakout can lead to a strong continuation rally.
Breakout & Downside Scenarios
🟢 Bullish Breakout Above 26,400
Target Levels: 27,200 / 27,500
🔻 Pullback Scenario
First support: 26,000
Deeper support: 25,600
Market View
Long-term trend remains bullish
Short-term consolidation or mild pullback possible
Watch price reaction around 26,350–26,400 zone for next move confirmation
Summary
Nifty is at a decision point. A breakout above 26,400 can trigger a strong upside continuation, while a rejection can bring a healthy correction towards 26,000–25,600. Trend remains positive as long as the index holds the weekly support of 25,600.
Indexanalysis
NIFTY Hits New Highs but Breadth Weakens — What’s the Signal?The NIFTY 50 closed the week with a neat gain of 134.80 points (0.52%), touching fresh lifetime highs of 26,310.45.
Sounds impressive, right?
Yes — but there’s a twist.
A deeper look shows the Nifty 500 is still over 2.5% below its all-time high.
Meaning? This rally is not broad-based — it’s being carried by select large-cap heavyweights.
Meanwhile, the India VIX dropped 14.77% to 11.62, keeping volatility calm… for now.
◉ Key Levels to Watch This Week
Support Zones
● 26,000 — Strong and immediate support. Heavy put writing is visible here.
Resistance Zones
● 26,200 – 26,300 — Near-term supply zone
● 26,500 — Major resistance to beat
◉ Key Triggers This Week
1. RBI Policy – December 5
A 25 bps rate cut is widely expected, but the RBI may take a cautious approach as it balances low inflation with rising growth momentum.
2. Q2 GDP at 8.2%
The stronger-than-expected GDP print boosts sentiment but reduces the urgency for aggressive rate cuts, shifting the policy outlook toward a more measured stance.
3. India–US Trade Deal
Both countries are close to finalizing the agreement by year-end, which could support IT, manufacturing and export-focused sectors.
4. Rupee Weakness
The rupee’s slide to ₹89.49/$ raises import costs and potential inflation risks, adding pressure on the RBI while impacting corporate margins differently across sectors.
◉ December Outlook — What’s Likely Ahead?
● Base Case: NIFTY stays in a 26,000–26,500 range, with most upside already priced in.
● Bull Case: A breakout above 26,500 could send it toward 26,700 by month-end.
● Caution: If market breadth weakens further, volatility may creep back in.
◉ Strategy:
● As long as NIFTY holds above 26,000, sentiment stays positive.
● Dips above 26,000 = buying opportunity
● Avoid chasing breakouts blindly — focus on quality sectors and high-volume confirmations.
Nifty Breaks Above 26,000 — Can the Index Sustain This Strength?Indian markets ended the week on a positive note, with the Nifty rising 0.61% to close at 26,068. This came right after the index hit a fresh 52-week high of 26,246 on November 20 before cooling off.
Meanwhile, the India VIX jumped 14% to 13.63, reminding traders that volatility is quietly tightening its grip.
◉ Key Levels to Watch
Support Zones
Immediate support: 26,000.
Major support: 25,400 – 25,500, where strong put writing is visible
Resistance Zones
Near-term resistance: 26,200 – 26,300
Major resistance: 26,500
◉ Key Triggers This Week
Q2 GDP Data (Nov 28)
India’s GDP print for Q2 FY25–26 will be released this week.
Economists expect another strong reading, especially after Q1 GDP exceeded projections.
India–US Trade Deal Progress
Comments from Commerce Minister Piyush Goyal—hinting at “good news soon”—have lifted sentiment.
The proposed agreement aims to increase bilateral trade from $191 billion to $500 billion by 2030.
◉ Outlook & Strategy
For the coming week, a buy-on-dips approach remains favourable as long as Nifty sustains above 26,000.
A breakdown below this level could shift momentum, but for now, the bias stays positive with caution due to higher volatility.
Nifty Builds Momentum, Breakout Looks Within ReachThe Indian market ended last week on a positive note, supported by the stronger-than-expected performance of the National Democratic Alliance (NDA) in the 2025 Bihar elections.
Nifty jumped over 1.5% to close at 25,910, just below the key resistance level of 26,000. Volatility also eased, with the India VIX falling over 5% on a weekly basis to settle at 11.93.
Open interest data suggests that the 25,700–25,800 zone will now act as immediate support, while 25,500 remains a strong support level.
Recent price action indicates that Nifty may attempt to break above the 26,000 resistance in the coming sessions.
In the week ahead, the overall sentiment is expected to stay positive due to strong domestic cues. Globally, market direction will depend on key U.S. economic releases, including the minutes of the latest FOMC meeting.
Investors should stick to a stock-specific approach, focusing on sectors supported by domestic demand. For traders, a buy-on-dips strategy remains favourable as long as Nifty holds above its key support zones.
#BankNifty Weekly UpdateThe index is holding strong above the breakout zone 💪 confirming support around 57444 - 57628 .
With sustained strength, #BankNifty looks set for the next breakout towards 58,900 → 62,400 🎯
As long as the ✅ green zone support holds, the 🐂 bullish structure remains intact.
#BankNifty | #BullishTrend | #AllTimeHigh | #TechnicalAnalysis | #PriceAction
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
Nifty Slips for 2nd Week: Consolidation Ahead amid Rising VIXIndian markets ended lower for the second straight week, weighed down by persistent foreign fund outflows, mixed corporate earnings, and cautious global cues.
Nifty slipped nearly 0.8% to close at 25,490, while India VIX rose over 3% to 12.55, reflecting a slight uptick in market volatility.
Key Levels to Watch
Nifty is currently retesting the apex of its ascending triangle breakout, around the 25,300–25,400 zone. This area is supported by significant put writing, as reflected in recent open interest data, making it an important near-term support.
Below this, the next strong support lies near 25,000.
On the upside, the 25,700–25,800 zone could act as an immediate resistance due to heavy call writing, while 26,000 remains a major resistance level to watch.
Outlook
Given the current setup, markets are likely to trade within a neutral range in the coming week. Volatility may stay elevated as global uncertainties, FII outflows, and a busy flow of economic and earnings data continue to influence sentiment.
While near-term sentiment remains cautious, strong domestic macro fundamentals and steady corporate performance are expected to provide underlying support to the broader trend.
Traders are advised to stay stock-specific, focusing on banking and financials—particularly PSU banks—which continue to display relative strength.
#Nifty | Breakout Confirmed, Now Eyes on Support for Next Move#Nifty Update (Daily):
CMP: 25,891.40
Following our previous update at 25,285, Nifty has decisively broken out above the Symmetrical Triangle pattern and surged to a high of 26,104 today. Price action formed a bearish candle but managed to close positively on the daily chart.
🔄 What to expect next?
A potential retest of breakout levels is likely as profit booking is expected after a strong rally of over 1,500 points from the swing low. Watch the key support zones closely for a possible bounce.
🔽 Support Zones to watch :
25,669 - 25,638
25,449 - 25,424
⚡️ If Nifty holds these levels and reverses, it could set the stage for a renewed upmove aimed at surpassing the all-time high (ATH) at 26,277.
🔼 Resistance Zones to watch :
26,104 (recent high)
26,216 - 26,277 (ATH)
📈 A sustained break above the ATH will confirm continuation toward the symmetrical triangle’s ultimate target near 26,700 .
#Nifty | #Nifty50 | #BreakOutRetest | #SymmetricalTriangle | #ChartPatterns | #SwingTrading | #PriceAction
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
CUP & HANDLE Pattern Breakout in NIFTYA Breakout with good volume has happened in NIFTY 50 INDEX.
The breakout is has happened in weekly Time Frame 😱😱.
A Big target of 29400 is available to be achieved🎯
SL will be below the Handle's Low on sustaining Basis.
A better entry could be the one after retracement💡. As there are high chances of retracement from here as the price is very near to lifetime high.
One should always be cautious with the trade as the time is weekly. And, there can be many factors which can become hurdle like War, Tariff War, US economic bubble burst leading to crash etc etc.
However, entry target and SL are also mentioned in the chart.
Subscribe to my YouTube Channel for more details and more analysis.
Note: This analysis is for Educational Purpose Only. Please invest after consulting a professional financial advisor.
#Nifty Weekly Outlook – Cup & Handle in Focus!CMP: 25,285
Primary Trend: Uptrend (Bullish Bias)
🔽 Support Zones
• 25154 – 25084
• 24858 – 24768
• 24588 (Major swing support)
🔼 Resistance Zones
• Immediate Resistance: 25424 – 25449
• Next Hurdles: 25638 – 25669
• Key Breakout Level: 26179 – 26277.35 (ATH)
Pattern: Cup & Handle ☕️
A classic Cup & Handle pattern is forming on the weekly timeframe , following a strong uptrend, which is a bullish continuation setup.
• 🧭 Neckline breakout (sloping white trendline) is the key trigger.
• 🎯 Target Projection: ~29,500 (~16% upside potential post-breakout)
🔒 Pattern Invalidation Level
• Weekly close below 24,337 negates the pattern.
⏳ Awaiting Breakout Confirmation
• A weekly close above the neckline with solid volume will confirm the breakout .
• Until then, price remains in a healthy consolidation.
✅ Dips into support zones can be used for positioning, with proper risk management.
#Nifty | #Nifty50 | #CupAndHandle | #ChartPatterns | #SwingTrading | #PriceAction
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
Nifty 50 spot 25114 by Daily Chart view - Weekly UpdateNifty 50 spot 25114 by Daily Chart view - Weekly Update
- Rising Support Channel seems back in positive action mode
- Resistance Zone 24900 to 25150 of Nifty Index Breakout attempted
- Falling Resistance Trendline in place but Resistance Channel Breakout attempted
- Bearish Rounding Top pattern by the Resistance zone neckline to see breakout over the next week
- Bullish "W" with Double Bottom formed below Support Zone, seems instrumental for uptrend momentum
- Support Zone seen at 24450 to 24700 of Nifty Index gained strength by the weekly closure above the 25000 index level
Bank Nifty spot 54809.30 by Daily Chart view - Weekly UpdateBank Nifty spot 54809.30 by Daily Chart view - Weekly Update
- Support Zone 53575 to 54175 for Bank Nifty Index
- Rising Support Channel seems back in positive action mode
- Resistance Zone 54975 to 55575 of Bank Nifty Index may act as a strong barrier to cross
- Minor Gap Down Opening of Tuesday would get closure soon, probably over the next week
- Earlier Resistance Zone now seems like getting in the Support Zone role by this weeks closure
NIFTY: Ascending Triangle Breakout In PlayTechnical Outlook:
CMP: 24,973
📍 Immediate Support Zone: 24,858 – 24,768
📍 Strong Support Zone: 24,363 – 24,329
📍 Immediate Resistance Zone: 25,083 – 25,255 (Clustered zone)
📍 Strong Resistance Zones:
• 25,638 – 25,669
• 26,216 – 26,277 (All-Time High vicinity)
📈 Breakout Alerts:
✅ W-Pattern Breakout above 25,154 (Daily Candle Basis)
🎯 Target: 26,000
✅ Ascending Triangle Breakout above 24,972.50 ( Confirmed on Closing Basis today )
🎯 Target: 26,304 – aligning closely with the ATH of 26,277.35
Conclusion:
With two bullish patterns triggering nearly simultaneously, momentum is building. A sustained move above the immediate resistance cluster could fuel a rally towards uncharted territory.
Watch 25,154 and 25,255 – a clean move above could be the gateway to new all-time highs.
#BreakoutAlert | #TechnicalAnalysis | #ChartPatterns | #PriceAction
Nifty 50 spot 24741 by Daily Chart view - Weekly updateNifty 50 spot 24741 by Daily Chart view - Weekly update
- Resistance Zone 24900 to 25150 of Nifty Index
- Rising Support Channel is yet acting as a resistance
- Support Zone now earlier was the Resistance Zone at 24450 to 24700 level
- Breakdown from Falling Resistance Trendline and Channel has strongly sustained
- Bearish Rounding Top pattern by Resistance zone neckline active, with index closure below it
Bank Nifty spot 54114.55 by the Daily Chart view - Weekly updateBank Nifty spot 54114.55 by the Daily Chart view - Weekly update
- Support Zone 53150 to 53650 for Bank Nifty Index
- Rising Support Channel Breakdown would act as a Resistance
- Resistance Zone earlier Support Zone at 54160 to 54660 for Bank Nifty Index
- Bank Nifty Index trending within the Support and Resistance Zone since last week
- Bearish Rounding Top acting as a resistance and again index closed below Resistance Zone
- Minor Gap Down Opening of Thursday last week closed, now Friday gap down needs a closure
Long Term View on Bank NiftyRising Wedge Pattern (Bearish Setup)
The red trendlines form a rising wedge, which is typically a bearish pattern.
After years of an uptrend, the index has near its support from the wedge.
Current Position (53,655)
Bank Nifty has corrected sharply in the last few days/weeks and is now trading around 53,600 levels.
The immediate support marked on the chart is around 53000. If this breaks, further downside could open.
Key Support Levels
50,600 – first crucial support.
48,000–47,500 zone – next major support if selling extends.
32,448 – long-term support marked, aligns with pre-COVID breakout levels.
Possible Scenarios (Green & Red Arrows on Chart)
Bullish case (green path): If Bank Nifty stabilizes near 53,000-52,500 and reclaims 55,000+, it can attempt a bounce.
Bearish case (red path): Sustained breakdown below 53,000-52,500 could accelerate fall towards 48,000 -47,500, and in extreme bearishness, even 32,500 over the medium term.
⚖️ Interpretation
The structure suggests weakness after a long rally; if the wedge breakdown happens, then a trend reversal could happen.
The next 1–2 weeks will be crucial: holding 53,000-52,500 may trigger a bounce, but a breakdown could confirm a deeper correction.
Bank Nifty spot 55,149.40 by Daily Chart view - Weekly updateBank Nifty spot 55,149.40 by the Daily Chart view - Weekly update
- Rising Support Channel broken down from supportive role
- Next fairly decent Support Zone 54160 to 54660 for Bank Nifty Index
- Upwards going Resistance Zone 59550 to 56385 for Bank Nifty Index
- Next Strong Resistance Zone 56850 to 57250 and then ATH Level 57628.40
- Acting Support Zone 55050 to 55450 for Bank Nifty Index, will it be a Resistance Zone again
- Bank Nifty Index formed Bearish Rounding Top, somehow seen sustaining closure above the Support Zone for past 3 weeks, indicates consolidation, hope for an upward trajectory
Nifty 50 spot 24631.30 by Daily Chart view - Weekly updateNifty 50 spot 24631.30 by Daily Chart view - Weekly update
- Support Zone 23930 to 24200 for Nifty Index
- Resistance Zone 24450 to 24700 for Nifty Index
- Breakout from above one of the Tiny Falling Resistance Trendline seems well sustained
- Rising Support Channel seems back in supportive role and maintained by current status of Nifty Chart setup
- Nifty Index thou formed a Bearish Rounding Top, seems attempting to cross above Resistance Zone over past week, indicates hope for upside reversal
Rising Wedge Breakdown — 54,252 in Sight?#BankNifty View:
CMP: 56,528
BankNifty has broken down from a Rising Wedge pattern — a bearish signal. After a brief retest of the breakdown level, price has resumed its downward move. Daily close below 56,205 will gather fresh momentum.
🔑 A daily close below 56,205 could trigger fresh downside momentum.
🔻 Support Zones:
• 56,283 – 56,080
• 55,580 – 55,530
• 🔑 Key Supports: 54,470 – 54,375 & 53,600 – 53,580
🔺 Resistance Zone:
• 57,312 – 57,365
🎯 Pattern Target: 54,252
This aligns with the key support zone at 54,470 – 54,375 , strengthening its significance.
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
#TechnicalAnalysis | #PriceAction | #RisingWedge | #ChartPatterns
Nifty Starts July Quietly; Sideways Action May ContinueNifty began the month on a subdued note, registering a net weekly loss of 176.80 points (-0.69%). Market volatility also eased, with the India VIX declining by 0.59% to 12.31, indicating reduced trader anxiety.
From a technical standpoint, an immediate resistance zone has developed between 25,500 and 25,650, while a key support range lies between 25,200 and 25,300.
Open Interest (OI) data adds weight to these levels, with a significant build-up of call writing at 25,500 suggesting strong resistance, and put writing at 25,200 indicating solid support.
Looking ahead, Nifty is expected to remain range-bound between these two zones unless a decisive breakout or breakdown occurs.
Nifty Continued to Rise, Bank Nifty Stands Tall at New Highs◉ Nifty Analysis NSE:NIFTY
Indian equity markets broke out of a five-week consolidation last week, powered by easing geopolitical tensions, which helped boost investor sentiment.
A Pole & Flag breakout on the charts signals a continuation of the uptrend, with strong bullish momentum building up.
Open Interest (OI) Snapshot
● 25,000 – Strong Base: Heavy put writing indicates strong support; bulls defending this level aggressively.
● 25,500 – Immediate Support: A secondary cushion with notable put buildup—short-term buyers watching this zone.
● 26,000 – Immediate Resistance Zone: Call writers active here; a breakout above this level could trigger a fresh leg up.
Outlook: The index looks set to maintain a bullish tone, with a possible move toward 26,000 in the coming sessions.
◉ Bank Nifty Analysis NSE:BANKNIFTY
The banking sector continues to lead the market’s strength, acting as a major driver behind the recent rally.
Fundamentally, optimism is being driven by lower funding costs, supported by banks cutting fixed deposit rates and the RBI’s recent cut in the Cash Reserve Ratio (CRR)—both of which have boosted liquidity and improved the outlook for lenders.
The index has confirmed a breakout from a Pole & Flag formation, aligning with Nifty’s bullish setup and further validating strength in the banking space.
Open Interest (OI) Snapshot
● 56,000 – Strong Support Zone: Significant put writing shows strong bullish conviction around this level.
● 57,000 – Immediate Support: Fresh positions being built; dip-buyers may step in here.
● 58,000 – Key Resistance Ahead: Call writers are holding the line—watch for breakout signals.
Outlook: As long as Bank Nifty holds above 57,000, the bullish momentum is expected to continue, with possible testing of 58,000 in the near term.
Nifty Eyes Upside as Bulls Take Charge Ahead of Expiry WeekThe Nifty closed around 25,112 on Friday, marking a 1.29% gain for the week and signalling strong bullish momentum. The rally was driven by broad-based buying, particularly in financial heavyweights like HDFC Bank, ICICI Bank, and Reliance Industries.
Despite lingering global uncertainties, market sentiment remained stable, with the India VIX closing at 13.67—reflecting subdued volatility and cautious optimism among participants.
In the derivatives space, the highest concentration of put writing at the 25,000 strike highlights strong immediate support, while the 25,500 level is emerging as a key resistance zone due to significant call writing activity.
Heading into the upcoming expiry week, the bullish trend is likely to continue, provided no major geopolitical shocks disrupt market sentiment.
Nifty Weekly Outlook: Volatility Ahead Amid Global Tensions● Despite briefly breaking above the 25,100 resistance last week, Nifty failed to sustain the momentum and witnessed a corrective pullback towards the 24,500 level.
● Market volatility ticked up, with India VIX rising by 3.08% to 15.08 on a weekly basis, reflecting growing investor nervousness.
● Geopolitical tensions—particularly the escalating conflict between Israel and Iran—are weighing on global sentiment, and Indian equities are not immune to this uncertainty. However, relative strength in the Indian markets suggests that they may continue to outperform global peers in the near term.
● For the upcoming week, Nifty is expected to remain highly volatile, with wide-range oscillations likely. A directional trend may only emerge if Nifty decisively breaches 25,100 on the upside or breaks below the key support at 24,500.
● Options data indicates that the 25,000 level will act as a strong resistance, while 24,500 remains a crucial support zone.
● Importantly, if the index opens below 24,400 at the start of the week, it could invite further selling pressure, tipping the balance in favor of the bears.
● Given the global headwinds and sensitive technical setup, traders are advised to stay cautious as heightened volatility could dominate the week ahead.






















