India’s equity markets remain on firm footing, supported by ample domestic liquidity, moderating inflation, and the RBI’s neutral policy stance. A healthy monsoon projection and easing consumer‐price pressures are bolstering rural demand, while renewed foreign inflows signal growing overseas confidence. Government infrastructure spending and resilient corporate earnings underpin the bullish mood.

Nifty 50 Today: Performance, Price & Outlook

Today Nifty 50 Movement & Index Nifty 50 Update:

The Nifty 50 surged 1.21% to close at 25,549, breaking above key resistance at 25,241 and 25,468, signalling strong bullish momentum. Domestic earnings and global risk appetite powered gains, even as short-term oscillators warn of overbought conditions.

Nifty 50 Chart Today

Nifty 50 chart today

The Nifty 50 chart shows a strong bullish breakout above key resistance at 25,241.55, supported by rising volume and Fibonacci confluence near 25,468.95. The Nifty 50 chart also highlights sustained momentum, indicating potential for further upside towards 26,277.35, provided support levels near 25,105.05 and 24,740.08 hold firmly.

Key Indicators For Nifty 50

Nifty 50 forecast for tomorrow

If Nifty 50 holds above 25,643 (R1), expect a run toward 25,756 (R2). Look for consolidation near 25,241 and 25,105 as ideal buy-on-dips levels. Also, do your own research before investing.

BankNifty – Price Action, Chart & Forecast

Bank Nifty Today: Price Action & Update

Bank Nifty closed strong at 57,206.70, up over 1%, buoyed by bullish momentum and reclaiming key Fibonacci levels. Leading private banks and NBFCs drove gains, with the index trading above its 5- and 20-day EMAs, confirming the uptrend.

Bank Nifty Chart Today

Bank Nifty chart today

The Nifty Bank chart reflects a strong bullish breakout above 56,500, nearing the Fibonacci 0.786 retracement level of 57,093.45. Both daily and weekly charts indicate continued upward momentum with higher highs and rising trendlines. Key support rests at 55,500 and 54,545. Sustained strength above 57,127 could drive the index toward new highs in the near term.

Key Indicators | Bank Nifty

Bank Nifty Support And Resistance Levels 

Bank Nifty Price is approaching the 0.786 Fibonacci retracement near 57,920, which may cap gains in the near term.

Bank Nifty Forecast for Tomorrow

If Bank Nifty holds above 57,333 (R1), the next target is 57,666 (R2). Any pullback toward 56,666 (S2) or 56,263 should be bought into, as the broader Bank Nifty Index remains in a resilient uptrend.

Conclusion 

Nifty Price continues its robust uptrend above key support, while BankNifty Price confirms bullish momentum with strong crossovers. Traders can look to accumulate on dips around 25,100 for the Nifty Price and near 56,600 for the Bank Nifty price. Elevated overbought signals call for caution, but underlying fundamentals remain supportive. Monitor Fibonacci and pivot levels closely, and stay alert to global developments that could trigger short-term volatility before further upside.

RA Disclaimer: The information provided here is for educational and informational purposes only and should not be construed as investment advice. You are solely responsible for conducting your research and due diligence before making financial decisions.