#NIFTY Intraday Support and Resistance Levels - 03/02/2026Nifty is expected to open with a strong bullish gap-up of around 500–800+ points, which clearly reflects positive sentiment and aggressive buying interest in the market. Such a gap-up generally indicates overnight strength driven by global cues or strong domestic triggers, and it often puts immediate pressure on short positions. However, traders should stay alert during the opening minutes, as large gap-ups can initially show volatility or brief profit booking before the real directional move unfolds.
From a technical view, the zone around 25550 will be the first crucial level to watch. If Nifty sustains above this level after the opening, it will confirm bullish continuation. In that scenario, the index can gradually move towards 25750, 25800, and 25950+. Further strength above 26050 will signal a higher breakout, opening the path for extended targets around 26150, 26200, and 26250+, keeping the broader trend decisively positive.
On the downside, despite the gap-up bias, traders must remain cautious of false breakouts. The level near 25450 will act as an important support. If Nifty slips below this zone and fails to reclaim it, it may indicate early profit booking after the gap-up. In such a case, a corrective move towards 25350, 25300, and 25200 cannot be ruled out, especially if selling pressure increases near resistance zones.
Overall, the structure remains bullish as long as Nifty holds above key support levels, and buying on dips is likely to be the preferred strategy. Traders are advised to avoid chasing prices at the open, wait for confirmation near important levels, and manage risk strictly, as gap-up sessions often bring sharp intraday swings along with strong trending opportunities.
