

As we head into the final weeks of December 2025 and early 2026, the Nifty 50 maintains a cautiously bullish technical bias within its ongoing consolidation phase. The index has shown resilience by rebounding from the 25,700–25,800 support zone, which coincides with a rising trendline, and is currently trading near the 25,900– 26,000 area. On the upside, a key falling trendline resistance at 26,020–26,080 remains crucial, and a decisive breakout with strong volumes would be an important trigger. Such a move would confirm an emerging inverse head-and-shoulders pattern on the hourly and daily charts, along with a channel breakout, opening up upside targets of 26,300–26,600. The broader market structure remains supportive, with midcap and smallcap indices showing reversal patterns and improved participation, indicating underlying strength. Importantly, dips continue to attract buying interest, reinforcing the positive undertone. As long as the 25,600–25,700 zone holds on a weekly closing basis, the primary uptrend remains intact. The larger multi-year cup-and-handle structure also stays valid, favoring a gradual upward bias for the index in the coming weeks.
| Level | L1 | L2 | Close |
|---|---|---|---|
| Resistance | 26100 | 26300 | 25,966 |
| Support | 25900 | 25700 |
| Exponential Moving Averages | Value |
|---|---|
| 200 DEMA | 25,088 |
| 21 DEMA | 26,030 |

Based on the current chart and last week’s price action, Bank Nifty attempted a recovery but continued to face strong supply near the falling trendline resistance around 59,800–60,000. The index remains capped below the upper channel, with repeated rejections indicating weak follow-through buying. Last week’s bounce failed to sustain, and prices have once again slipped into a consolidation zone near 58,800–59,000. As long as the 58,500– 58,000 support zone holds, downside risk remains limited; however, upside remains restricted in the absence of a decisive breakout above 60,000–60,500. Overall, Bank Nifty continues to trade in a range-bound structure and is showing relative underperformance versus the Nifty, awaiting clearer directional cues.
| Level | L1 | L2 | Close |
|---|---|---|---|
| Resistance | 59900 | 60500 | 59,069 |
| Support | 58500 | 58000 |
| Exponential Moving Averages | Value |
|---|---|
| 200 DEMA | 55,861 |
| 21 DEMA | 59,065 |
The information provided in this article is for educational and informational purposes only. Any financial figures, calculations, or projections shared are solely intended to illustrate concepts and should not be construed as investment advice. All scenarios mentioned are hypothetical and are used only for explanatory purposes. Actual market results may vary. Consult a certified financial advisor before making investment decisions.
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