Trade Setup For Jan 8: Nifty Support Slips To 25,900 As Bulls Lose Steam
Published on: Jan. 7, 2026, 11:08 p.m. | Source: scanx.trade
Nifty 50 declined for the third consecutive day on Wednesday, closing at 26,140.75 with a loss of 37.95 points or 0.14%, while Sensex ended at 84,961.14, down 102.20 points or 0.12%. Crucial support levels have slipped below the psychological 26,000 mark, with key technical support now positioned around 26,000-25,900 levels. Market analysts expect continued consolidation with profit booking at higher levels, driven by sector-specific movements and Q3 business updates, while Bank Nifty finds support at 59,500 with potential upside towards 61,400 levels.
