Market Prediction for Tomorrow 27 may: Today, the market opened with strength, continuing the recent trend. Nifty, Bank Nifty, and Sensex all closed with gains of around 0.5%. Once again, the momentum came in the first hour and was followed by a range-bound session throughout the day. Nifty traded tightly between 24,960 and 25,000 and closed at the round number of 25,001.
Although the market was bullish overall, day traders found it difficult to trade post the initial move. A quick breakout in the morning turned out to be a trap, with Nifty falling nearly 60–70 points from its intraday high. However, broader markets remained strong with sector-specific rallies visible across the board.
So, if the breakout is real, why isn’t Nifty breaking its previous swing high? Why is India VIX rising sharply? These are questions many are asking. As always, we believe the market is driven by data—and that’s what we decode below.
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Market Overview – A Pause Before the Action
🔍 Nifty 50 Snapshot
| Open | High | Low | Close |
| 24,919.35 | 25,079.20 | 24,900.50 | 25,001.15 |
📊 Market Breadth (Nifty 50)
| ADVANCED | FLAT (<0.25%) | DECLINES |
| 31 | 11 | 8 |
📈 Nifty Movers
| TOP GAINERS | GAIN % | TOP LOOSERS | LOSS % |
| BAJAJ AUTO | 2.39 % | ETERNAL | – 4.59 % |
| JSWSTEEL | 2.13 % | ULTRACEMCO | – 0.60 % |
🏦 Nifty Sectoral Performance
The overall sectoral performance was Bullish
- All sectors closed in green.
- Nifty IT and Auto led with over 1% gains.
- PSU Banks closed nearly flat at +0.20%.
Market Prediction for Tomorrow 27 may
🔍 Technical Analysis – Is This Pause Significant?
Nifty is building a base just below the resistance level. Closing precisely at the 25,000 mark keeps the fight between bulls and bears alive. Sellers managed to keep the index in range, but the structure still favors bulls.
A breakout above 25,116–25,212 with strong volume or a gap-up can trigger further upside. Let’s examine the indicators and levels.
Key Levels:
- Support: 24,800 – 25,000
- Resistance: 25,116 -25,212
RSI 14
- On Daily Chart: RSI at 61.45 – bullish zone, likely to test 70.
- On Hourly Chart: RSI bounced from 60 and is now at 62 – bullish momentum may extend till 80 before any correction.
📊 Open Interest (OI) Data
- Support: (PE OI: ) 25800 – 58 Lkh OI
- Resistance: (CE OI: ) 25,000 – 1.04 Cr. OI
- PE OI at 25,000 is almost 1 Cr, indicating this as a critical make-or-break level.
🧮 OI Build-Up:
| Index | PRICE % | OI % | BUILDUP |
| NIFTY | 0.63% | 1.68 % | Long Buildup |
| BANK NIFTY | 0.34% | 1.7 % | Long Buildup |
| FINNIFTY | 0.35% | 9.67% | Long Buildup |
- All indices are showing long build-up—an indication of sustained strength.
🧠Market Prediction for Tomorrow 27 may & Trade Plan
The OI data clearly signals that once Nifty crosses 25,000 with strength, there is little resistance overhead. On the downside, 24,800 remains a key support level.
Trade Plan:
- Any dip toward 24,800 can be seen as a strong buying opportunity.
- If the first hour gives a 100+ point candle, wait for high breakout confirmation before taking entry.
- Expect a sideways or breakout session as it’s the Sensex monthly expiry.
Caution: India VIX is rising rapidly, and rising Covid-19 cases could inject sudden volatility. Be alert for surprise moves.
📘 Key Learning from Today’s Market
- Avoid emotional trades in range-bound markets.
- Large candles near key levels often precede breakouts.
Disclaimer:
This blog post is intended solely for educational purposes. All information shared here is based on publicly available data, news reports, and personal analysis.
We do not provide any buy or sell recommendations. Investment in stock markets is subject to market risks. Always consult with a SEBI-registered financial advisor before making any investment decisions.
The author and this website assume no responsibility for any financial losses or gains incurred based on the information provided in this article.
📣 What’s Your Take?
Do you think ******?
💬 Drop your thoughts in the comment section!