Nifty 50 is hovering stable above 26,000 for some time now. The index is currently trading flat at 26,023. The advances/declines ratio is at 25:25. This leaves the picture mixed. It keeps the door open for the benchmark index to go either way during the day. So, we will have to wait and watch.
Nifty 50 outlook
Nifty has cluster of supports in the broad 26,000-25,900 region. The index will come under renewed selling pressure only if it breaks below 25,900. Such a break can drag the index down to 25,800-25,750. But a break and fall below 25,900 is less likely. So, intraday fall below 26,000 if seen can be considered as a good buying opportunity.
Resistance is around 26,100. We expect the Nifty to breach this hurdle if not immediately but eventually in the coming sessions. That in turn will clear the way for a fresh rise to 26,250-26,300 going forward.
Nifty 50 futures
The Nifty 50 December futures (26,256) is up 0.3 per cent. The contract is getting very good support around 26,100. Immediate resistance is at 26,280. A break above it can take the contract up to 26,400 today.
Failure to breach 26,280 and a reversal from there can drag the contract down to 26,150-26,100 again. A break below 26,100 can see an extended fall to 26,000. But that is less likely. We can expect the contract to sustain above 26,100.
Trade strategy
Go long on a break above 26,280. Keep the stop-loss at 26,240. Trail the stop-loss up to 26,310 as soon as the contract goes up to 26,335, Revise the stop-loss higher to 26,340 when the contract touches 26,360. Exit the long positions at 26,380.
Supports: 26,150, 26,100
Resistances: 26,280, 26,400
Published on December 5, 2025
