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https://www.zeebiz.com/market-news/video-gallery-nifty-26000-make-or-break-bank-nifty-support-level-390296

The key question in today’s market is whether Nifty will close above the crucial 26,000 mark. This level has become a major psychological and technical resistance zone for traders and investors. A decisive close above 26,000 could trigger fresh buying momentum and short covering, while failure to sustain above it may lead to profit booking. According to market expert Anil Singhvi, the immediate support for Nifty lies in the 25,900–25,950 range, while resistance is placed near 26,050–26,100. For Bank Nifty, strong support is seen around 54,500–54,600, with potential upside towards 55,200–55,500 if momentum sustains. Recent FII buying and strong corporate earnings have improved sentiment, but volatility remains high at elevated levels. Traders are advised to follow level-based strategies and maintain strict stop losses. Market direction will depend on global cues, institutional flows, and sectoral participation, especially banking and financial stocks.

Nifty eyes decisive close above 26000 mark

<p>The key question in today’s market is whether Nifty will close above the crucial 26,000 mark. This level has become a major psychological and technical resistance zone for traders and investors. A decisive close above 26,000 could trigger fresh buying momentum and short covering, while failure to sustain above it may lead to profit booking. According to market expert Anil Singhvi, the immediate support for Nifty lies in the 25,900–25,950 range, while resistance is placed near 26,050–26,100. For Bank Nifty, strong support is seen around 54,500–54,600, with potential upside towards 55,200–55,500 if momentum sustains. Recent FII buying and strong corporate earnings have improved sentiment, but volatility remains high at elevated levels. Traders are advised to follow level-based strategies and maintain strict stop losses. Market direction will depend on global cues, institutional flows, and sectoral participation, especially banking and financial stocks.</p>


Nifty eyes decisive close above 26000 mark

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Zomato shares drop 24%, but Bernstein sees 52% upside

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