Nifty50 Daily Technical Analysis for Monday, 24 November 2025
A Practical, Trader-Focused, Experience-Based Breakdown for Real Market Participants
The Nifty50 ended Friday’s session at 26,068, slipping modestly after brushing against its well-known hurdle zone around 26,240–26,300. This zone has acted like a psychological wall—each time the index climbs near it, profit-booking quietly increases, and momentum tapers off. The current price behavior clearly signals that the market is preparing for a decisive move, but it has not yet chosen the direction.
However, it’s equally important to respect the underlying bullish structure. The Nifty remains steady above all major moving averages—20 EMA, 50 EMA, 100 EMA, and even the long-term 200 EMA. Whenever an index trades above these layers, it means the market is not weak; it’s just catching its breath before the next real swing.
This setup is extremely common in maturing bull markets: the price stalls at a resistance, you feel the hesitation, and then a breakout (or a fake-out) decides the next chapter.
Let’s decode what this specific chart is telling a serious trader.
Market Structure: What Experienced Traders Notice First
1. Resistance That the Market Respects
The zone between 26,240–26,300 is not a random number.
It’s a zone where:
- Previous rallies stalled,
- Candle wicks show rejection, and
- Volumes tend to shrink near the top.
This tells us there is supply pressure—maybe institutions placing sell orders, or maybe just regular profit-booking.
2. Firm Support That Keeps Bulls in the Game
Look closely at the chart: every time the index dips towards 25,900–25,930, buyers defend aggressively.
Below that, the next major cushion sits at 25,580–25,600, where the 50 EMA also aligns.
Support zones tell us where the market finds value. They are areas where smart money buys, quietly but confidently.
3. The Trend Is Still Healthy
Despite the short-term stalling, Nifty is making:
- Higher lows
- Occasional higher highs
- Consistent EMA respect
This pattern often precedes bigger moves because it shows controlled advance, not irrational euphoria.
4. Volume Is Neutral, Not Convincingly Bullish
Breakouts need volume. Right now, volumes are neither weak nor explosive—just steady.
This means the market is waiting for a catalyst, news, or simply a clean technical trigger.
Practical Trading Strategy for Monday: How a Real Trader Should Approach This Chart
The Nifty is stuck between a solid support base and a stubborn resistance. Such situations often trap inexperienced traders, but they also offer high-probability trades if you know how to read price action. Below are real-world trade plans, not textbook theory—these are the type of setups traders actually execute.
Scenario 1: A Clean Breakout Trade (Only If Market Shows Strength)
Buy ONLY if Nifty sustains above 26,200
Not just spikes above it—sustains above it on 15-minute closing.
This rule alone can save traders from countless fake breakouts.
Why this level?
Because once Nifty crosses this barrier with conviction, it signals:
- Buyers have absorbed the selling pressure
- Momentum traders join in
- Short-sellers are forced to exit
This combination usually produces a smooth upside rally.
Buy Targets:
- 26,320 – mild resistance, but achievable in intraday
- 26,420 – next logical extension
- 26,550 – positional target if momentum is strong
Stop Loss:
25,960 – below recent swing and 20 EMA
This SL is respectful of the price structure and prevents unnecessary stop-out noise.
Trader Guidance:
Avoid jumping in early. Breakout trades work after confirmation, never on anticipation.
Scenario 2: A Controlled Short Trade (Only If Market Shows Weakness)
Sell ONLY if Nifty breaks below 25,900
This level has been defended multiple times.
If it finally breaks, it communicates a clear message—buyers have stepped back.
Why this level?
Breaking 25,900 means:
- Immediate momentum reverses
- Short-term traders dump positions
- Nifty heads towards the next logical support pocket
Sell Targets:
- 25,720 – first bounce zone
- 25,580 – major 50 EMA cluster support
- 25,420 – extension target if selling intensifies
Stop Loss:
26,120 – above intraday supply, protects from whipsaws
Trader Guidance:
Short trades must be quick and disciplined.
Bulls are still in control of the medium-term trend, so shorts should not be overstretched.
Practical Trading Wisdom for Readers: What to Learn from This Chart
✔ Avoid Emotional Trading Near Resistance
The 26,240–26,300 zone is not for random buying.
Let the market show strength first.
✔ Respect Levels, Not Predictions
The market rewards traders who react to price—not those who predict it.
✔ Use Smaller Position Size in Tight Consolidations
When the market is compressed, volatility can spike suddenly.
✔ Breakouts With Volume Are More Trustworthy
Keep an eye on volume spikes—they confirm institutional participation.
✔ A Trade Is Valid Only When Your Levels Trigger
Many traders lose money by entering too early.
Your trade begins only after your trigger is hit.
Final View for Monday, 24 November 2025
The Nifty50 is gearing up for a decisive move.
The direction is still unclear, but the levels are crystal clear:
- Above 26,200 = Bullish continuation
- Below 25,900 = Short-term correction
Until one of these breaks, the index will continue consolidating inside this band.
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Disclaimer
The views and analysis provided above are for educational and informational purposes only and should not be considered as financial or investment advice. Trading and investing in the stock market involve risk, and past performance does not guarantee future results.
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