Nifty Prediction Today – August 27, 2026: Nifty futures: Bears have an edge
Nifty futures (Sep) is likely to see an intraday decline
On August 27, 2026, Nifty futures exhibited a bearish trend, with the index beginning the session at 24,278 and closing at 24,180, marking a decline of approximately 0.1 percent. The advance/decline ratio stood at 22/28, indicating a predominance of bearish sentiments. Among the top gainers, Kotak Mahindra Bank and Adani Enterprises led the rally, while Shriram Finance and NTPC registered the most significant declines.
The private banking sector, represented by Nifty Private Bank, showed a slight gain of 0.5 percent, while the media, FMCG, and auto sectors suffered losses of 0.5 percent each. The Nifty 50 index displayed a flat trend in recent sessions, leading to a lack of clarity in both the index and Nifty futures. On the September Nifty futures expiry, the contract opened lower at 24,400 compared to the previous close of 24,429, currently trading at 24,340, down nearly 0.4 percent.
The chart indicated that Nifty futures had been fluctuating within the range of 24,250 and 24,500, with a potential breakout of either level signifying a shift in the trend. A breach of 24,500 could trigger a rally towards 24,700, while a breach of the support level at 24,250 might lead to a decline towards 24,000. Given the prevailing price action, the probability of an intraday fall appeared high.
Short selling Nifty futures at 24,360 with a stop-loss at 24,420 and a target of 24,250 was suggested.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
