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Below the Quote on Nifty 27th November 2025 from Rupak De, Senior Technical Analyst at LKP Securities

"The index remained sideways after a positive start, ending the day almost unchanged. On Thursday, the Nifty registered a new all-time high after 14 months, but the breakout was muted, and the index moved sideways thereafter. The short-term trend, however, remains positive, with the index trading comfortably above all major moving averages. The RSI is in a bullish crossover, and the higher-top, higher-bottom structure appears intact, confirming an ascending chart pattern.

On the lower end, support is placed at 26,000; until this level is breached, the index may move towards 26,440/26,580. A buy-on-dips approach would be a better strategy, as some consolidation in the near term is expected after the recent sharp up-move."

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