Nifty Short & Medium Term Support&Resistance_05-Jan-26 to 09-Jan-26
Nifty 26328 (Last Week 26042)
Long call ( Buy) was given on 12-Oct-25 at 24896, Nifty have crossed near to 1430 points.
Market is in sideways and rangebound movement from Oct 2025 and now created a new high 26329 last week. Near to 290 Points have increased.
Current Short Term Resistance 26000 (Trend line and significant support). It need to break the resistance 26328 decisively to move up to 27000 target in med-long term.
Two major incident to be watched out next week are US Capturing Venuzuela President and China conducting massive drill surrounding Taiwan after US sanctioned weapons for Taiwan. Global Concern, Q3 results, Feb Ist Budget for any reforms and Tariffs deal will decide the future path for the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route (On Dips) with a goal of 3-5 years will workout.
Diversify the portfolio with Debt and liquid fund ( approx 20-30% portfolio) and 10-20% in Gold & Silver for Year 2026, this funds ( especially liquid funds will create funds availability for further buying opportunity incase of market dips like a Systematic transfer plan.
Some of the stocks to watchout given last week are HDFC AMC, NMDC, Apar, Sharda Crop, VRL Logistics, krishna Phos chem, Cipla, Dr Reddy, Natco pharma, Apl Apollo Tubes, Muthoot Finance ( On Dips) , tata Steel ( Contra Stock due to Business Cycle), Bank of Mah, BPCL, CG Power, hero motor, shriram finance and NRB bearings. Shared for Analysis purpose only. Dr Reddy, shriram fin, natco pharma, Hero moto corp,Muthoot Finance have already given more than 10% return in this 1 month,HPCL, BPCL, IOCL, Carysil, MAS Financial Services and BSE . Waaree Energies had an IT raid in its premises in Mid of Nov 2025. Outcome will take the stock forward.
New stocks for 29-Dec-25 to 02-Jan-26 is Indian Bank and NBCC, buy on dip as market in volatile situation.
New Stocks ( For Jan Ist Week 2026) are ITC can be bought as it reduced significantly last week due to rumors in increase in tax on cigrattes. Other buy stock is Lupin, Consider buying with multiple parcel while it dips.
As RSI is slighly improved 62% (58%) and MACD just cross the signal line, caution to be emphasized due to global political tension, though the strategy continued to buy for long.
Nifty Short Term Supports (Multiple Supports are there between 25000-25500):
25850 (Trend line shown)
25670 (Jun 2025 High)
25360-25420 ( Sep high and trendline support as shown in chart)
25300-25350 (Two Fibonacci resistance shown ) - Major Support
Hence 25300- 25420 acts as major short term support.
25500 ( 25441 Sep 18th 2025 High )
25450 ( 25442 is the Aug 2025 high)
25200 ( 25154 Aug 2025 high)
25000 ( Milestone)
Short Term Resistance
1.26329 ( All time High)
2. 26500
3. 26700 ( Finonacci 1.618 as shown in graph)
Medium Term Support:
1.24700 (Trend Line as shown)
2. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
3. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
2. 23000
Medium Term Resistance:
1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
Long term resistance:
1.28000 ( Need to decisively break and move up 27000)This resistance is based on Fibonacci resistance at 28106
Long Term Support
1.22700-23000 ( Trend line and Mar 2024 High)
2.Big support at 20000 (Sep 2023 high)
Nifty 26328 (Last Week 26042)
Long call ( Buy) was given on 12-Oct-25 at 24896, Nifty have crossed near to 1430 points.
Market is in sideways and rangebound movement from Oct 2025 and now created a new high 26329 last week. Near to 290 Points have increased.
Current Short Term Resistance 26000 (Trend line and significant support). It need to break the resistance 26328 decisively to move up to 27000 target in med-long term.
Two major incident to be watched out next week are US Capturing Venuzuela President and China conducting massive drill surrounding Taiwan after US sanctioned weapons for Taiwan. Global Concern, Q3 results, Feb Ist Budget for any reforms and Tariffs deal will decide the future path for the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route (On Dips) with a goal of 3-5 years will workout.
Diversify the portfolio with Debt and liquid fund ( approx 20-30% portfolio) and 10-20% in Gold & Silver for Year 2026, this funds ( especially liquid funds will create funds availability for further buying opportunity incase of market dips like a Systematic transfer plan.
Some of the stocks to watchout given last week are HDFC AMC, NMDC, Apar, Sharda Crop, VRL Logistics, krishna Phos chem, Cipla, Dr Reddy, Natco pharma, Apl Apollo Tubes, Muthoot Finance ( On Dips) , tata Steel ( Contra Stock due to Business Cycle), Bank of Mah, BPCL, CG Power, hero motor, shriram finance and NRB bearings. Shared for Analysis purpose only. Dr Reddy, shriram fin, natco pharma, Hero moto corp,Muthoot Finance have already given more than 10% return in this 1 month,HPCL, BPCL, IOCL, Carysil, MAS Financial Services and BSE . Waaree Energies had an IT raid in its premises in Mid of Nov 2025. Outcome will take the stock forward.
New stocks for 29-Dec-25 to 02-Jan-26 is Indian Bank and NBCC, buy on dip as market in volatile situation.
New Stocks ( For Jan Ist Week 2026) are ITC can be bought as it reduced significantly last week due to rumors in increase in tax on cigrattes. Other buy stock is Lupin, Consider buying with multiple parcel while it dips.
As RSI is slighly improved 62% (58%) and MACD just cross the signal line, caution to be emphasized due to global political tension, though the strategy continued to buy for long.
Nifty Short Term Supports (Multiple Supports are there between 25000-25500):
25850 (Trend line shown)
25670 (Jun 2025 High)
25360-25420 ( Sep high and trendline support as shown in chart)
25300-25350 (Two Fibonacci resistance shown ) - Major Support
Hence 25300- 25420 acts as major short term support.
25500 ( 25441 Sep 18th 2025 High )
25450 ( 25442 is the Aug 2025 high)
25200 ( 25154 Aug 2025 high)
25000 ( Milestone)
Short Term Resistance
1.26329 ( All time High)
2. 26500
3. 26700 ( Finonacci 1.618 as shown in graph)
Medium Term Support:
1.24700 (Trend Line as shown)
2. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
3. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
2. 23000
Medium Term Resistance:
1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
Long term resistance:
1.28000 ( Need to decisively break and move up 27000)This resistance is based on Fibonacci resistance at 28106
Long Term Support
1.22700-23000 ( Trend line and Mar 2024 High)
2.Big support at 20000 (Sep 2023 high)
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.