Nifty 50 is trading lower. It is currently trading flat at 26,135. The index has been coming down over the last few days. However, this fall has been gradual and slow. So, that keeps the broader bias positive. The advances/declines ratio is at 18:32. This is negative. If this trend sustains, then more fall is possible during the day.
Nifty 50 Outlook
Intraday resistances are at 26,150 and 26,170. As long as the Nifty stays below this resistance zone, the bias will remain negative. A fall to 26,060 is possible in the coming sessions.
However, from a big picture, the region around 26,060 is a strong support zone. A fall below this level is unlikely. So, we can expect the Nifty to rise back from around 26,060 and go up to 26,150-26,200 initially and further higher eventually next week.
Nifty 50 December Futures
The Nifty 50 December Futures (26,122) are down 0.2 per cent. Support is in the 26,080-26.060 region. A bounce from this support zone and a subsequent rise past 26,120 will be bullish. That in turn can take the contract higher to 26,200-26,230 in the coming sessions.
The Nifty 50 December Futures contract will come under more selling pressure only if it breaks below 26,060. Such a break can drag the contract down to 26,000-25,950 thereafter.
Trade Strategy
Traders can go long on dips at 26,090 and 26,070. Keep the stop-loss at 26,030. Trail the stop-loss up to 26,110 as soon as the contract goes up to 26,130. Revise the stop-loss higher to 26,140 when the contract touches 26,170. Exit the long positions at 26,200.
Supports: 26,060, 26,000
Resistances: 26,120, 26,200
Published on December 26, 2025
