Nifty 50 has come down sharply in the early trades. It seems to have failed to get a strong follow-through rise after the intraday recovery seen on Monday. The index opened with a wide gap-down and is now trading at 25,907, down 0.47 per cent. The advances/declines ratio is at 17:33. This is negative.
Nifty 50 Outlook
The resistance in the 26,050-26,100 region continues to hold well. The sharp fall in the early trades leaves the intraday picture weak.
Some support is around 25,900. A break below it can increase the selling pressure. That in turn can drag the Nifty down to 25,800 and even 25,700 in the coming sessions.
In case the index manages to bounce from around 25,900, a rise back to 26,000 is possible. Ideally, the 26,050-26,100 resistance has to be breached to turn the outlook positive.
Nifty 50 Futures
The Nifty 50 December Futures (26,013) is down 0.38 per cent. A crucial support is at 25,970. A bounce from there can see a recovery rise towards 26,100 and 26,150 during the day.
But a break below 25,970 can drag the contract further down to 25,900-25,880 during the day.
Our bias is to see the Nifty 50 December Futures contract rising back from the support at 25,970. We will have to wait and watch.
Trade Strategy
The trade recommended yesterday can be done today with slight modification on the entry level.
Traders with high-risk appetite can go long on dips at 25,980. Keep the stop-loss at 25,920. Trail the stop-loss up to 25,995 as soon as the contract goes up to 26,020. Revise the stop-loss higher to 26,025 and 26,070 when the contract touches 26,060 and 26,090. Exit the long positions at 26,120.
Supports: 25,970, 25,900
Resistances: 26,100, 26,150
Published on December 16, 2025
