Is Nifty Preparing for a Fresh Rally or a Short-Term Pullback?
The Nifty50 continues to hold its upward momentum as it trades around the 26,200 mark—an area that has acted as a strong resistance in recent sessions. Thursday’s bullish candle suggests strength, and traders now want to know:
Will Nifty break out with confidence, or is a pullback likely before the next rally?
This detailed analysis breaks down the chart structure, indicators, and real-world trading strategies you can use for Friday’s session.
1. Nifty50 Trend Overview: Breakout Attempts Getting Stronger
Nifty is showing classic signs of accumulation followed by a breakout attempt. The current price structure reveals:
- Higher highs & higher lows
- Breakout above 26,200 zone
- Strong closing near day’s high
This indicates that the bulls are gaining control, and sellers are losing ground at higher levels.
Market Insight:
When an index repeatedly tests a resistance zone with higher bottoms, the probability of a sustained breakout increases significantly.
2. Moving Averages: The Trend is Firmly Bullish
The 20, 50, 100, and 200 EMAs are:
- Perfectly aligned in bullish order
- Upward sloping
- Providing layered support
The 20-EMA around 25,900 is currently acting as a trend protector.
What Traders Can Learn:
Institutions and trend-followers enter on dips toward the moving averages. As long as Nifty stays above the 20-EMA, bullish setups continue to hold higher probability.
3. RSI Analysis: Momentum Still Supports the Bulls
The RSI (14) stands around 63–64, indicating:
- Healthy strength
- No signs of overheating
- Enough room for further upside
RSI remaining above 60 is a hallmark of a strong bullish phase.
Trader Takeaway:
Don’t get scared of going long simply because RSI is above 60. Smart traders use this zone to ride the trend—not fight it.
4. Volume Behaviour: Steady Confidence, Not Euphoria
Breakout attempts are supported by:
- Moderate but steady volume
- No panic selling
- Controlled institutional participation
Why This Matters:
Indexes typically do not show huge volume spikes every day. What matters is consistent demand, not dramatic volume bursts.
Buy and Sell Recommendations for Friday, 28 November 2025
Below is a practical, risk-managed trading plan that suits both intraday traders and positional players.
✅ Bullish Strategy (High Probability Setup)
Nifty Bias: Bullish Above 26,200
📌 Long Entry Zones:
- Buy on dips: 26,150 – 26,200
- Buy on breakout: Above 26,260
📌 Targets:
- Target 1: 26,350
- Target 2: 26,480
- Target 3: 26,600 (extended rally)
📌 Stop Loss:
SL: 25,960
Why This Works:
The breakout level, trend support, and RSI confirmation align perfectly for upward continuation. For Friday, dips are ideal entry points.
❌ Bearish Strategy (Only If Breakdown Happens)
Trigger Level: Sell only if Nifty breaks below 26,060
This marks a breakdown of the breakout structure, potentially leading to short-term profit booking.
📌 Short Entry Zone:
Sell between 26,040 – 26,060
📌 Targets:
- Target 1: 25,900
- Target 2: 25,760
- Target 3: 25,600 (near 50-EMA)
📌 Stop Loss:
SL: 26,220
Risk Insight:
Do not short the index unless price confirms weakness. The trend is strongly bullish, and blind shorting is risky.
5. How to Trade Friday With Professional Discipline
✔ Trade the Trend, Not Predictions
Trade the levels you SEE, not the tops you FEAR.
✔ Dips Are Safer Than Breakout Chasing
Retest entries offer better reward-to-risk.
✔ Scale In Slowly
Start light near breakout zones; increase size only when Nifty confirms direction.
✔ Rely on Stop Loss, Not Hope
A strong trend can still give sharp pullbacks. Protecting capital is the first rule.
Final Outlook: What to Expect from Nifty on 28 November 2025?
The chart’s structure, indicator momentum, and EMA alignment suggest a bullish continuation as long as Nifty trades above 26,200. Breakouts are becoming cleaner, dips are being bought, and the index has room for additional upside.
A reversal will only gain strength if Nifty breaks below 26,060—a level that traders must watch closely.For now, the bulls remain in control.
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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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