Nifty Technical View for Friday, 19 December
by Paresh Gordhandas, CA & Research Analyst
🕗 Last Update: 18 December 2025, 8.00 PM
Nifty 50 – Technical Analysis (Based on EOD 18 December 2025)
Nifty ended the session marginally lower at 25,815.55, continuing its phase of consolidation after the recent corrective move. The short-term trend remains bearish, while the medium- and long-term trends are still bullish, indicating that the index is undergoing a healthy pullback within a broader uptrend rather than a structural breakdown.
From a moving average perspective, Nifty is trading below the 20-day and 34-day averages, but is holding just above the 50-day SMA near 25,818, which is acting as an immediate support. The index remains comfortably above the 89-day and 200-day averages, keeping the primary trend positive. Bollinger Bands suggest price hovering near the lower band (25,715), pointing towards short-term oversold conditions and the possibility of a technical bounce.
Momentum indicators reflect short-term weakness. RSI at 46.37 indicates loss of momentum but is still above the oversold zone. MACD remains below the signal line with a widening negative histogram, highlighting ongoing corrective pressure. ADX at 12.72 signals a lack of strong trend, supporting the view of range-bound and choppy trade in the near term.
Oscillators are showing early signs of exhaustion in selling. StochRSI at extremely low levels and Williams %R near -80 suggest oversold conditions, increasing the probability of a pullback rally if support levels hold.
On the levels front, immediate support is placed at 25,727–25,715, followed by a stronger support near 25,640–25,620. A decisive break below 25,600 could accelerate selling towards 25,450–25,300. On the upside, immediate resistance is seen at 25,900–25,990, while a sustained move above 26,100 is required to revive bullish momentum and target 26,300+ levels.
Technical View:
🔹 Short-term: Bearish / Range-bound
🔹 Medium-term: Bullish
🔹 Strategy: Buy-on-dips near supports with strict risk management; avoid aggressive longs near resistance
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Nifty Technical Analysis: Latest Support, Resistance & Trading Strategy
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A combination of RSI, MACD, and support-resistance levels work best for Nifty. RSI shows momentum, while MACD helps confirm trend reversals or continuation.
Support and resistance levels are derived from previous highs and lows, Fibonacci levels, and price-action zones. These help in setting entry and exit points.
During high volatility, Nifty can offer strong intraday moves but carries higher risk. Use tighter stop-losses and smaller positions to manage risk effectively.
An RSI between 40 and 60 often indicates a good zone to accumulate if other indicators support the trend. RSI above 70 could mean overbought, while below 30 is oversold
MACD helps identify trend strength. A bullish crossover (MACD line above signal line) suggests upward momentum, while a bearish crossover may indicate a possible decline.
Yes, many traders use pure technical analysis for Nifty. However, combining it with macroeconomic news, global market trends, and FII/DII activity gives better accuracy.
