Nifty Analysis for 16-01-2026 and Global Cues
NIFTY 50 Futures – Technical Analysis (15-Minute Chart)
Market Structure Overview
NIFTY 50 Futures is currently trading in a range-bound to corrective phase after facing rejection from higher resistance levels. Price action shows lower highs, indicating selling pressure near resistance, while buyers are defending key demand zones below.
The overall structure suggests short-term consolidation within a broader range, with clear support and resistance levels guiding intraday trades.
Key Support Zones 🟦
Major Support Zone
25650 – 25600
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Strong demand zone marked on the chart
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Multiple price rejections seen from this area
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Buyers have previously stepped in aggressively
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This zone acts as a make-or-break level for bulls
➡️ Bias:
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Holding above this zone keeps pullback-buying alive
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Breakdown below 25600 can open deeper downside
Intermediate Support
25710 – 25725
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Near short-term moving averages (5 & 9 TEMA)
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Acts as intraday support during pullbacks
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Failure to hold indicates weak momentum
Key Resistance Zones 🔴
Immediate Resistance
25775 – 25820
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Previous breakdown area
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Multiple candle rejections visible
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Acts as supply zone on pullbacks
➡️ Expect selling pressure unless price closes decisively above this zone.
Major Resistance Zone
25840 – 25900
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Strong supply area
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Previous swing high rejection
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Psychological round-number resistance
➡️ A sustained breakout above 25900 is required for bullish continuation.
Moving Average (TEMA) Insight 📉📈
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5 & 9 TEMA: Short-term momentum indicators
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21 TEMA: Trend confirmation zone
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Price is currently below / near fast TEMAs, indicating weak momentum
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Failure to reclaim 21 TEMA keeps the bearish-to-neutral bias intact
Price Action Observations 🧠
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Recent sell-off shows strong bearish candles followed by weak pullbacks
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Buyers are reacting only at support zones, not aggressively chasing highs
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This indicates a sell-on-rise / buy-at-support environment
Trading Scenarios (Intraday Outlook)
🔻 Bearish Scenario
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Price fails near 25775 – 25820
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15-min close below 25710
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Target:
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25650
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25600
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Stop-loss: Above 25820
🔺 Bullish Scenario
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Strong hold above 25650
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Break and 15-min close above 25820
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Target:
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25880
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25930
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Stop-loss: Below 25710
Volatility & Risk Note ⚠️
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Market is currently range-driven
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Avoid chasing breakouts without candle close confirmation
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Best trades are coming from support-resistance reactions, not mid-range entries
Globul Cues :
Conclusion 📝
NIFTY 50 Futures is in a controlled range, with 25600–25900 acting as the broader boundary. Until a decisive breakout or breakdown occurs, traders should focus on range-based strategies, respecting the highlighted support and resistance zones.
