Nifty 50 is managing to hold higher after rising back well from Tuesday’s low of 25,728. It is currently trading at 25,908, up 0.27 per cent. The advances/declines ratio is at 39:11. This is positive. If this trend sustains, then it can aid the Nifty to rise more during the day.
Nifty 50 Outlook
An immediate resistance is at 25,940. Nifty has to break this resistance to get some more relief. Such a break can take the index up to 26,000 or 26,050 during the day.
The region around 26,100 is an important resistance. Nifty has to breach this hurdle in order to bring back the bullishness again.
In case the Nifty fails to break above the immediate resistance at 25,940, then it can fall back to 25,800 again. It will also continue to keep the index under pressure. A decisive break below 25,800 will be bearish to see 25,700 and lower levels going forward.
Nifty 50 Futures
The Nifty 50 December Futures (25,995) is up 0.13 per cent. The support at 25,860 that we had mentioned yesterday has held very well as expected. The contract has bounced back well from the low of 25,875.
Immediate resistance is at 26,040. A break above it can take the Nifty 50 December Futures contract up to 26,130 or even 26,200 thereafter.
Failure to breach 26,040 can take the contract down to 25,900-25,860 again. In that case, a range bound move between 25,860 and 26,040 is a possibility for some time.
The contract will come under fresh selling pressure only if it declines below 25,860. If that happens, 25,800 and lower levels can be seen.
Trade Strategy
Go long only on a break above 26,040. Keep the stop-loss at 26,010. Trail the stop-loss up to 26,065 as soon as the contract goes up to 26,090. Revise the stop-loss higher to 26,085 when the contract touches 26,105. Exit the long positions at 26,120.
Supports: 25,930, 25,860
Resistances: 26,040, 26,130
Published on December 10, 2025
