Nifty 50 seems to be getting some recovery in the early trades today. The index is currently trading at 26,024, up 0.15 per cent. The advances/declines ratio is at 28:22. The number of advances should increase more for the Nifty to sustain the bounce and move further higher.
Nifty 50 Outlook
Nifty has an important resistance around 26,100. It has to surpass this hurdle to reduce the downside pressure. That in turn will clear the way for a rise to 26,250-26,300 going forward.
Failure to breach 26,100 can continue to keep the index under pressure. In that case, Nifty can fall back to 25,950-25,900 again.
The price action around 26,100 will need a close watch during the day.
Nifty 50 Futures
The Nifty 50 December Futures (26,160) contract is up 0.1 per cent. The support at 26,050 has held very well on Wednesday in line with our expectation.
Intraday support will now be at 26,070. Below that, 26,000 will be the lower support for the day which can be tested if the contract breaks below 26,070. As long as the contract stays above 26,070, the bias is positive. The Nifty 50 December Futures contract can rise to 26,250-26,300 from here.
The danger of more fall will come into the picture only if the contract breaks below 26,000. If that happens, 25,900-25,880 can be seen on the downside.
Trade Strategy
Traders can go long on dips at 26,130 and 26,090. Keep the stop-loss at 26,040. Trail the stop-loss up to 26,160 as soon as the contract goes up to 26,190. Revise the stop-loss higher to 26,180 and 26,205 when the contract touches 26,200 and 26,220 respectively. Exit the long positions at 26,240.
Supports: 26,070, 26,000
Resistances: 26,250, 26,300
Published on December 4, 2025
