Vaishali Parekh Highlights Key Support and Resistance Levels for Nifty 50 in Late February 2026

Indian stock markets showed cautious optimism on February 26 and 27, 2026, with the Nifty 50 index trading in a narrow range near key moving averages. Vaishali Parekh of Prabhudas Lilladher highlighted the importance of sustaining support around the 25,340–25,350 level (200 DMA) and breaking above the 25,650–25,656 zone (50 EMA) to confirm a positive trend. The Bank Nifty remained in consolidation near 60,500–61,000, with a generally positive bias amid selective sectoral participation and gradual IT sector recovery.