Market Recap
·
, rising 0.60% (up 148
points), reclaiming the psychological 25,000 mark for the first time.
·
also registered
gains, closing at 82,176.45, up 0.56%.
·
The positive move was driven by gains in stocks like Bajaj Auto,
JSW Steel, Mahindra & Mahindra, ICICI Bank, and strong sectoral
participation in Auto, FMCG, IT, and Banks.
·
Market sentiment remained
bullish, buoyed by strong global cues, supportive domestic factors, and
optimism over corporate earnings.
|
Level
Type |
Key
Level(s) |
Interpretation |
|
Immediate
Support |
24,800,
24,850 |
Crucial
for trend reversal |
|
Immediate
Resistance |
25,150,
25,350 |
Upside
targets if breakout holds |
|
Medium-term
Support |
24,700,
24,660 |
Watch
for selling pressure below |
·
: Nifty 50 broke
above the key resistance of 24,950–25,000.
·
: Advances outpaced
declines (45:5), indicating strong market breadth.
·
: Nifty formed a
bullish candle, and trading above the 21-day EMA (~24,480) confirmed a robust
trend.
·
: India VIX eased,
signaling reduced volatility for the session.
·
: Positive/bullish,
with expectations for further gains toward 25,150–25,350 if the 25,000 level is
firmly held.
·
: Likely trading
range between 24,800–25,350 for the week, with a "buy-on-dips,
sell-on-rise" approach recommended for traders.
·
: Autos and banks
outperformed, while broader participation was observed in IT, FMCG, Metals, Realty,
Oil & Gas, and PSU Banks.
·
: Initiate or
accumulate long positions above 25,000, with stop-loss at 24,800. On
further upside, take profits near 25,280–25,350.
·
: Continue to
accumulate quality stocks on 3–10% dips, especially in strength sectors like
BFSI, IT, and Auto.
·
: Despite positive
momentum, monitor for any reversal signals near resistance zones
(25,150–25,350) and remain alert to global macro or geopolitical factors.
·
: Ongoing results,
especially from large caps, could provide additional momentum.
·
: US and European
markets trending higher influenced India’s positive open and sentiment.
·
: GDP releases and
other economic indicators in the coming week to shape near-term moves.
|
Bias |
Support
Levels |
Resistance
Levels |
Strategy |
|
Bullish/Positive |
24,800,
24,850 |
25,150,
25,350 |
Buy
on dips, sell on rise |
|
Cautious
below 24,800 |
24,700,
24,660 |
— |
Tight
stop-loss, risk control |
:
Nifty 50 delivered a decisive breakout above 25,000 on May 26, 2025, supported
by broad-based sectoral strength and bullish technicals. The short-term outlook
remains positive, with traders eyeing 25,150–25,350 as near-term targets,
provided the index sustains above 24,800. Investors can add on corrections,
with a focus on leading sectors. Remain vigilant for reversal signals near
upper resistance and monitor key global and domestic data releases through the
week.
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