Aetram Research India : Nifty Index Outlook
NIFTY holds bullish dominance above 26,050, eyes 26,650–26,900 zone; weakness only below 25,850 today. - 05.01.2026
- Chart Name : NIFTY 50 Index
- Current Market Price : 26,335.70
- Current Trend : NIFTY trades in a higher high–higher low structure with sustained pullback buying strength.
- Trend Dominance : Bullish dominance continues as price sustains above rising medium and long-term averages.
- NIFTY remains structurally bullish with price holding above key moving averages across major time frames. Minor intraday consolidation is possible, but dips toward 26,100–26,050 may attract buying interest. Sustained trade above 26,350 can extend the move toward 26,650 and 26,900. Trend weakens only below 25,850 on a closing basis.
- Global equity cues – Positive if US indices sustain above recent highs
- Crude oil movement – Negative if sharp upside spike pressures inflation sentiment
- FII flow data – Positive if net buying continues
- Support: 26,100 / 25,950 / 25,850
- Resistance: 26,450 / 26,650 / 26,900
- Trend structure confirms higher highs and higher lows. Volume expands on rallies and contracts during pullbacks, indicating accumulation. Dow Theory confirms bullish primary and secondary trend alignment with no distribution signals yet visible.
- Entry: Above 26,380 | Stoploss: 26,080
- Target 1: 26,550 | Target 2: 26,720 | Target 3: 26,900
- Entry: Below 25,840 | Stoploss: 26,120
- Target 1: 25,650 | Target 2: 25,450 | Target 3: 25,200
- NIFTY 50 remains in a controlled bullish phase with buyers firmly defending higher supports. Unless 25,850 breaks decisively, trend-following long trades remain favorable. Volatility may rise near resistance zones, but broader momentum still supports upward continuation in coming sessions.
- All positivity negates on a sustained break below 25,850.
- All negativity negates on a sustained move above 26,450.
Disclaimer : This analysis is for educational purposes only and not financial advice. Please consult your financial advisor before making trading decisions.
