Sensex Prediction tomorrow by experts: Range-bound Friday? Index struggles below 50 EMA - Key resistance, support levels for Feb 27

Sensex Prediction tomorrow by experts: As the stock market heads into the final trading day of the week, on Friday, February 27, analysts suggest a ‘cautiously neutral’ stance for investors, with eyes fixed on key technical levels and global geopolitical developments.

In a volatile Thursday session, the benchmark BSE Sensex and NSE Nifty50 struggled for direction, ending on a flat note as early gains were erased by profit-taking in heavyweights like HDFC Bank and other blue-chip stocks. Besides, the investors remained cautious amid the proposed US-Iran nuclear talks, AI-related developments and tariff concerns.

The 30-share BSE Sensex index opened higher and gained a further 303 points to hit a high of 82,579.16 in late morning deals amid optimism in other Asian markets. However, profit-taking in financial services, FMCG and realty shares dragged the index down 608 points from the day's high, hitting a low of 81,970.47 in afternoon deals.

The Sensex closed marginally down by 27.46 points or 0.03 per cent at 82,248.61.

The 50-share NSE Nifty eked out a marginal gain of 14.05 points or 0.06 per cent to end at 25,496.55.

Hitesh Tailor, Technical Research Analyst, said, “On 26th February 2026, the BSE Sensex ended marginally lower at around 82,248.61, slipping nearly 27 points (−0.03%) after a choppy and range-bound session. Early gains were gradually erased as profit booking in heavyweight counters and mixed domestic cues weighed on sentiment.”

“The index moved within a tight band throughout the day, with weakness in financial and select defensive stocks offsetting strength in portions of IT and PSU banking names, leading to a largely subdued close. Meanwhile, the Nifty50 edged marginally higher to around 25,496.55, underscoring a phase of consolidation rather than any strong directional conviction in the broader market,” Tailor said.

Sensex Prediction for Friday, February 27 by experts

For Friday’s trading session, analysts expect the markets to remain in a range-bound phase. The ‘buy-on-dips’ strategy remains popular, but only if crucial support levels hold firm.

Sensex Prediction for Friday by Hitesh Tailor: Technical support, resistance levels to watch

On the technical front, Tailor said the market respected its intraday support levels, yet the broader price action remained range-bound, reflecting a cautious undertone among participants.

“The 81,800–82,000 zone continues to serve as a defined demand pocket where buyers may step in on declines, while the 82,800–83,000 range stands as the immediate resistance band, likely to cap upside attempts amid profit-booking and supply pressure,” he added.

On the market bias for Friday, he said, “With a marginally lower close and continued movement within a narrow trading band, the near-term bias remains cautiously neutral. The structure favours range-bound activity with a buy-on-dips approach, provided the 81,800–82,000 support zone remains intact, and downside pressure stays contained.”

Vipin Dixena, SEBI-registered analyst, said, “On the intraday chart, Sensex is showing a mild bounce from the 82,000 support zone but still positioned below the 50 EMA, which continues to slope downward — indicating the short-term trend remains weak. Price action suggests consolidation after recent selling pressure rather than a confirmed reversal.”

Technical levels to watch on Friday

According to Dixena, the immediate resistance is placed at 82,500. A sustained move above this level can lead to a recovery towards 83,000–83,200. “On the downside, 82,040 remains crucial support; a breakdown below this level may extend the fall towards 81,600,” he said.

The SEBI-registered analyst warned, “Overall bias remains cautious unless the index reclaims and holds above the 50 EMA.”

Sensex gainers and losers today

From the Sensex pack, Trent, Eternal, Power Grid, HDFC Bank, Asian Paints, UltraTech Cement, NTPC and Axis Bank were among the biggest laggards.

Bharat Electronics, Sun Pharma, Adani Ports, Maruti and Bharti Airtel were among the gainers.

Sectoral performance today

Among sectoral indices, BSE hospitals jumped 1.35 per cent, followed by PSU bank (0.98 per cent), healthcare (0.96 per cent), capital goods (0.88 per cent), telecommunication (0.75 per cent) and industrials (0.60 per cent).

FMCG, financial services, utilities, consumer durables and power were the laggards.

The BSE midcap select index climbed 0.57 per cent, while smallcap select index dipped 0.12 per cent.

On Wednesday, the Sensex ended 50.15 points or 0.06 per cent higher at 82,276.07. The Nifty went up by 57.85 points or 0.23 per cent to settle at 25,482.50.