Nifty Analysis by Angel One
For December 12, 2025
Nifty write up by Rajesh Bhosale, Equity Technical Analyst, Angel One.
Nifty Defends 25700 Yet Again; Bulls Eye Breakout Above 26,000
Following the Fed policy outcome, Gift Nifty indicated a strong opening; however, the benchmark index began the day on a flat to mildly positive note. During the initial hour, prices came under pressure, testing the key support zone around the 25700 mark. Fortunately, strong buying emerged from lower levels, and as the day progressed, Nifty maintained a positive bias to eventually end just below 25900 with gains of around 0.55%.
Once again, Nifty defended the crucial support of 25700, a level we have been highlighting since the start of the week. This zone coincides with the 50-EMA and the 61.8% retracement of the November rally (25318 – 26325). As long as this support holds on a closing basis, the bulls continue to remain in play despite the recent deterioration in momentum. For the coming session, the immediate task for the bulls would be to surpass the 25950–26000 zone, which has acted as a stiff barrier for the last three sessions and aligns with the 20-DEMA. A sustained move above this zone would confirm a resumption of the primary uptrend, opening doors for a retest of 26200–26300. Traders should hence maintain a positive bias and continue using dips as buying opportunities while keeping 25,\700 as the key closing-basis support. Despite Wednesday’s weak close, we had highlighted a positive divergence between the broader market indices (Midcap & Smallcap) and the benchmark index. While Nifty retested Tuesday’s low, the broader indices did not, and importantly, they protected the bullish reversal pattern formed on Tuesday. Today, this divergence played out as both the Midcap and Smallcap indices outperformed, each gaining around a percent. If this outperformance sustains, it could provide much-needed relief to traders and investors after the recent mayhem in this space. Continue to track the key levels mentioned above and focus on thematic and stock-specific opportunities that are showing relative strength.
Key levels to watch
NIFTY
Support: 25800 – 25700
Resistance: 26000 – 26100
BANKNIFTY
Support : 58800 – 58500
Resistance: 59500 – 59800
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