Nifty at a Breaking Point: Will 26,300 Finally Give Way?Nifty 50 IndexNSE:NIFTYisahebdadiNIFTY is stuck at the major resistance zone 26,300, showing early weakness. The 25,650–25,700 zone aligned with the 50-day SMA will determine the next move. Key Levels •Major Resistance: 26,300 •First Support: 25,650 (SMA50) •Second Support: 25,200 Bullish Scenario (Break & Close Above 26,300) •Target 1: 26,750 •Target 2: 27,200 •Stop-loss: Daily close below 26,000 Bearish Scenario (Break Below 25,650 – SMA50) •Target 1: 25,200 •Target 2: 24,800 •Stop-loss: Close above 25,850 Short Fundamental View •Strong fund flows into large-cap Indian equities support the index. •Economic stability and domestic growth keep the medium-term structure bullish. •But the market is near all-time highs, increasing the probability of a corrective move.