#NIFTY Intraday Support and Resistance Levels - 23/12/2025A gap-up opening is expected in Nifty 50, with the index trading firmly above the recent support zone and showing improving short-term strength. Price has moved higher from the 26,050 region and is now hovering near 26,150–26,170, indicating bullish continuation after the recent recovery. The overall structure remains positive as long as the index sustains above the key demand area.
On the upside, a sustained move above 26,250 will be a crucial breakout trigger. Holding above this level can attract fresh buying interest, opening the path for long positions with upside targets placed at 26,350, 26,400, and 26,450+. Strength above this resistance may further extend the rally toward higher levels in the coming sessions.
On the intraday upside, dips toward the 26,050–26,070 zone can also act as a buying opportunity if price shows stability. From this region, a bounce can lead to targets at 26,100, 26,150, and 26,200+, keeping the bullish momentum intact.
On the downside, if the index fails to sustain above 26,200–26,180 and shows rejection, a reversal short setup may come into play. In such a scenario, downside targets are seen at 26,150, 26,100, and 26,050-, where strong support is placed. Until a clear directional breakout is confirmed, traders should trade with discipline, follow key levels closely, and manage risk strictly in a gap-up driven market environment.
Priceactionanalysis
[INTRADAY] #BANKNIFTY PE & CE Levels(24/12/2025)A flat opening is expected in Bank Nifty, with price continuing to trade within the same range seen in the previous session. The index is hovering near 59,250–59,300, indicating a balance between buyers and sellers. There are no major changes in yesterday’s key levels, and the market remains in a consolidation phase, suggesting a wait-and-watch approach at the opening.
On the upside, a sustained move above 59,550 will be the key trigger for bullish momentum. If Bank Nifty manages to hold above this level, long positions can be considered with upside targets at 59,750, 59,850, and 59,950+. Strength above this resistance may attract fresh buying and push the index toward the psychological 60,000 zone.
On the intraday upside, a move above 59,050–59,100 can also act as a positional buying opportunity. Holding above this support may lead to an upside move toward 59,250, 59,350, and 59,450+, keeping the short-term bias mildly positive.
On the downside, if the index fails to sustain above 59,450–59,400 or breaks below 59,050, selling pressure may increase. In such a scenario, Selling positions can be considered with downside targets at 58,950, 58,750, and 58,650–58,550, where strong demand zones are placed. Until a clear breakout occurs on either side, traders are advised to focus on range-bound trades, maintain strict risk management, and avoid aggressive directional positions.
NSDL cmp 1081.40 by Daily Chart viewNSDL cmp 1081.40 by Daily Chart view
- Support Zone 1040 to 1085 Price Band
- Resistance Zone 1135 to 1185 Price Band
- Bullish Triple Bottom at 1037 to 1049 Price Band
- Volumes flattish and under average traded quantity
- Price trending within Support Zone thru December 2025
- Falling Resistance Trendline Breakout seems taking process
#NIFTY Intraday Support and Resistance Levels - 24/12/2025A flat opening is expected in Nifty 50, with the index trading near 26,150–26,200, indicating consolidation after the recent upside move. Price is currently holding above the short-term support zone, but lack of strong follow-through suggests the market is in a pause-and-consolidate phase, waiting for a decisive trigger to define the next direction.
On the upside, a sustained move above 26,250 will be crucial to resume bullish momentum. If Nifty holds above this level, long positions can be considered with upside targets at 26,350, 26,400, and 26,450+. A breakout above this resistance zone may attract fresh buying interest and extend the upward move.
On the downside, failure to sustain above 26,200–26,180 may lead to a reversal-based selling opportunity. In such a scenario, short positions can be considered with downside targets at 26,150, 26,100, and 26,050-, where strong intraday support is placed. Until a clear breakout or breakdown occurs, traders are advised to continue focusing on level-based trades, maintain strict risk management, and avoid aggressive directional positions.
[INTRADAY] #BANKNIFTY PE & CE Levels(23/12/2025)A gap-up opening is expected in Bank Nifty, with the index showing a positive bias at the start of the session while continuing to trade within the broader consolidation range formed over the last few days. Price is currently hovering around the 59,250–59,300 zone, which has been acting as a short-term balance area. This indicates that despite the expected gap-up, the market is still awaiting a strong breakout for clear directional strength.
On the upside, a sustained move above 59,050–59,100 will be the first sign of bullish continuation. Holding above this zone can open opportunities for buying, with upside targets placed at 59,250, 59,350, and 59,450+. If Bank Nifty manages to break and sustain above the 59,550 level, momentum can further accelerate toward 59,750, 59,850, and 59,950+, where strong resistance is placed.
On the downside, if the gap-up fails to hold and the index slips back below 59,050, selling pressure may emerge. In such a scenario, selling can be considered with downside targets at 58,950, 58,750, 58,650, and 58,550-. Until a decisive breakout above resistance or breakdown below support is confirmed, traders should focus on range-based trades, maintain tight stop losses, and avoid aggressive directional positions in this consolidation-driven environment.
CRISIL cmp 4322.10 by Weekly Chart viewCRISIL cmp 4322.10 by Weekly Chart view
- Support Zone 3960 to 4300 Price Band
- Resistance Zone 4600 to 4940 Price Band
- Support Zone tested retested for 3rd week now
- Rising Support Trendline seems to be well respected
- Volumes are keeping well above average traded quantity
- Continued Selling but Buying keeps Price above Support Band
- Price reversal from Support Zone maybe in making by Chart Status
XAUUSD (Gold) 15TF Technical Outlook - 22/12/2025 XAU/USD (Gold) maintains a strong bullish structure, with price trading near 4415–4420 and holding firmly above all major moving averages, confirming trend continuation. The primary BUY zone lies at 4410–4408, which is the key pivot, EMA cluster, and decision level for intraday and positional bulls. As long as price sustains above this buy zone, upside momentum remains intact, opening targets toward 4425, 4440, and the extended resistance area of 4460–4480.
On the bearish side, short-term selling pressure or profit booking may emerge near 4425–4440, but this remains corrective in nature. The key BEAR trigger level is below 4400, and stronger bearish confirmation appears only if gold breaks and sustains below 4385–4380, where the bullish structure weakens. A decisive breakdown below these levels could drag price toward 4360–4350, while a complete trend reversal is expected only below 4300. Overall, the market favors buy-on-dips above 4408, with bears gaining control strictly below 4380.
Chumtrades XAUUSD | ATH Is Not a Reason to ShortMacro bias:
US CPI cooled, while expectations for Fed easing in 2026 remain intact. Japanese bond yields surged, signaling capital rotation away from speculative assets and into safe havens like gold. The macro backdrop continues to support gold.
Structure:
Gold has broken above ATH, with the previous high around 438x now acting as support. Short-term high is forming near 4420. The uptrend remains dominant on H1 & M30.
Bias:
👉 Prefer BUYs in line with the trend
❌ Avoid FOMO chasing
⚠️ SELL only for short-term scalps after lower-timeframe structure breaks
BUY zones:
438x (previous ATH)
4350–4353
4336–4330
Invalidation:
A clear close below 4320 opens a move toward 4310 / 4300
In this case, the H1–M30 bullish structure is invalidated
Risk note:
Momentum is very steep → sudden pullbacks are possible. Manage risk tightly and focus on buying at key zones, not emotions.
#NIFTY Intraday Support and Resistance Levels - 22/12/2025A gap-up opening is expected in Nifty 50, with the index opening above the crucial 26,050 level, indicating a positive bias at the start of the session. Price action over the recent sessions shows consolidation just below resistance, and this gap-up suggests an attempt to break out of the short-term range. Sustaining above 26,050 will be critical to confirm bullish intent, as this level has acted as a strong decision zone.
On the upside, a sustained hold above 26,050 can trigger fresh long positions. If strength continues, the index may move toward 26,150, 26,200, and 26,250+ in the initial phase. A further breakout above 26,250 will strengthen bullish momentum and can open higher upside targets at 26,350, 26,400, and 26,450+, where profit booking may emerge.
On the downside, if the gap-up fails to hold and Nifty slips back below the 25,950–25,900 zone, selling pressure may increase. In such a scenario, short positions can be considered with downside targets at 25,850, 25,800, and 25,750-, where strong support is placed. Until a clear follow-through is seen after the opening, traders should avoid aggressive trades, focus on confirmation above key levels, and manage risk strictly in this volatile setup.
[INTRADAY] #BANKNIFTY PE & CE Levels(22/12/2025)A gap-up opening is expected in Bank Nifty, with the index opening slightly higher but still trading within the same broader consolidation structure seen over the last few sessions. Price is currently hovering around the 59,000–59,050 zone, which continues to act as a short-term equilibrium area. This suggests that despite the positive opening bias, the market is still in a range-bound phase and needs a decisive breakout for sustained directional movement.
On the upside, a sustained move above 59,050–59,100 will be the key trigger for bullish continuation. If Bank Nifty holds above this zone, buying can be considered, with upside targets placed at 59,250, 59,350, and 59,450+. A further breakout and hold above 59,550 can accelerate buying momentum and open the path toward 59,750, 59,850, and 59,950+ levels.
On the downside, if the index fails to sustain above 59,050 and slips below the 58,950–58,900 support zone, selling pressure may emerge. In such a scenario, selling can be considered with downside targets at 58,750, 58,650, and 58,550-, where strong support is placed. Until a clear breakout or breakdown is confirmed, traders are advised to stick to range-based strategies, book partial profits at targets, and maintain strict risk management in this volatile zone.
Weekly Analysis Nifty....Here is the weekly analysis of nifty.. please try to learn from the various topics discussed in it..
Please do follow me if you liked the idea💡...
Disclaimer ⚠️: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) and check with your financial advisor before making any trading decisions ⚠️⚠️.
Weekly analysis of XAUUS/Gold with buy and sell scenarios...Last week gold moved in a range, as we analyzed and closed below the high of previous week. Weekly candle is indecision candle and now price is near to all time high level. Coming week, we may see a range bound market crating both buy and sell side scenario till price break all time high with volume and conviction. We should track price movement cautiously within the range.
We may also witness a breakout of all time high if market and global events/news support it….
1. Price has created higher highs in lower time frames and created micro structures.
2. Now it is choppy till breakout the all-time high or support level.
3. Price is continuously running above EMAs confirming up move for now.
4. There is a POI nesting multiple PD arrays including daily FVG. We may see reversal from this level.
5. Most probably price will take liquidity of FVG/RDRB level and create MSS/CISD/TS/iFVG in LTF.
6. Price should show rejection/reversal in respective LTF (1h/15m) at FVG zone.
7. Take the trade only once clear entry model i.e. turtle soup. iFVG break, CDS or MSS happens on LTF
All these combinations are signaling a high probability and ~8R trade scenario.
Note – if you liked this analysis, please boost the idea so that other can also get benefit of it.
Also follow me for notification for incoming ideas.
Also Feel free to comment if you have any input to share.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) and check with your financial advisor before making any trading decisions.
Kross cmp 176.22 by Daily Chart view since listedKross cmp 176.22 by Daily Chart view since listed
- Support Zone 156 to 166 Price Band
- Resistance Zone 180 to 192 Price Band
- Volume attempting sync with avg traded qty
- Bullish Double Bottom "W" with Support Zone base
- Falling Resistance Trendline Breakout has well sustained
- Resistance Zone neckline acting as good hurdle for Breakout
- Majority of the Technical Indicators seen trending fairly positive
Weekly Analysis of BTC with Buy/Sell scenarios...We analyzed three weeks back that BTC would be in range for some time before taking any further move, And BTC is following same analysis and trapped within a small range since then. BTC prediction of last week also worked perfectly well and market kept in consolidation mode itself. BTC is still in consolidation zone and may spend some more days. It may develop ABC pattern or reversal at identified daily FVG level, if price has to change its delivery and take turn from here. This zone is kind of make or break. If price is not able to sustain and breakdown, then it may witness ~65-70K levels as well.
We hope for reversal from this level as price is developing the pattern at higher time frame.
1. Price has taken liquidity or 82K and almost touched 80K.
2. It has inversed 1Day FVG and now price is consolidating in the range between EMAs.
3. We may expect price retracement till 1D iFVG and then reversal.
4. Before to that we may see sweep of 92900 (1D CISD) level and then a retracement short trade till 1D FVG
5. Most probably price will take liquidity of FVG/RDRB level and create MSS/CISD/TS/iFVG in LTF.
6. Price should show rejection/reversal in respective LTF (5m/15m) at FVG zone.
7. Take the trade only once clear entry model i.e. turtle soup. iFVG break, CDS or MSS happens on LTF
All these combinations are signaling a high probability and ~8R trade scenario.
Note – if you liked this analysis, please boost the idea so that other can also get benefit of it.
Also follow me for notification for incoming ideas.
Also Feel free to comment if you have any input to share.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) and check with your financial advisor before making any trading decisions.
Kirloskar Brothers cmp 1647.20 by Daily Chart viewKirloskar Brothers cmp 1647.20 by Daily Chart view
- Support Zone 1510 to 1610 Price Band
- Resistance Zone 1760 to 1860 Price Band
- Support Zone tested retested over past 2 weeks
- Support Zone sustained thou price dipped below 3 times
- Volumes synced with avg traded qty with heavy spikes too
- Rising Support Trendline since May 2024 seems well respected
RVNL cmp 319.15 by Daily Chart viewRVNL cmp 319.15 by Daily Chart view
- Support Zone 294 to 306 Price Band
- Resistance Zone 332 to 345 Price Band
- Support Zone tested retested over past few days
- Support Zone since January 2025 seems been sustained
- Volumes below avg traded quantity, need to increase for fresh upside
- Breakout from Descending Triangle pattern might be in the making process
RAIN: Turnaround Fundamental Play,Trendline BO,Chart of the WeekNSE:RAIN When Carbon Giants Face the Perfect Storm of Bearish Signals and Sectoral Headwinds NSE:RAIN showing signs of Fundamental Turnaround. Let's understand this week's "chart of the week"
As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Price Action Analysis:
Long-Term Trend Structure:
- The stock demonstrated a spectacular bull run from 2021 lows around ₹75-80 levels to highs of ₹272.75 achieved in mid-2021
- Post the euphoric rally, the stock entered a prolonged consolidation and distribution phase spanning from July 2021 to early 2024
- During 2022-2023, the stock oscillated in a broad range between ₹130 and ₹ 220, forming a rectangular consolidation pattern
- From late 2023 onwards, the stock began showing signs of weakness with lower highs formation
Current Breakdown Phase (2024-2025):
- A decisive breakdown occurred in late 2024 when the stock breached the crucial ₹140-145 support zone
- The stock has entered a steep declining phase, currently trading around ₹124.60 (as of Dec 20, 2025)
- The recent price action shows a sharp downturn with the stock making new 52-week lows at ₹99.90
Volume Spread Analysis:
Volume Trends:
- A massive volume spike is visible in the most recent sessions, reaching approximately 36.64 million shares
- This represents nearly 4x the average weekly volume of around 9.36 million shares
- Historical volume analysis shows earlier spikes during the 2021 peak (around 80 million) and the 2024 rally attempts
Key Technical Levels:
Support Zones:
- Major Support: ₹99.90 - The recent 52-week low and next critical support level
- Psychological Support: ₹100 - Round number support with psychological significance
- Ultimate Support: ₹80-85 zone - Corresponds to early 2023 lows
Resistance Zones:
- Immediate Resistance: ₹135-140 - Previous support turned resistance
- Minor Resistance: ₹150-155
- Major Resistance: ₹165-170
- Strong Resistance: ₹180-185 - Breakdown point of the larger distribution pattern
- Formidable Resistance: ₹200-210 - Multiple failed rally attempts from this zone
Base Formation Analysis:
- No clear base formation is visible in the current structure
- The stock is in an active downtrend without any consolidation base
- The previous base was formed between ₹140-180 during 2023-2024, which has now failed
- A new base formation would require at least 2-3 months of sideways consolidation
- An ideal base would form above the ₹100 psychological level with declining volume
Sectoral Overview:
Industry Classification:
- Rain Industries operates in the Chemicals and Petrochemicals sector
- Specifically focused on Carbon Products, Advanced Materials, and Cement segments
- The company is a leading vertically integrated producer of calcined petroleum coke (CPC) and coal tar pitch (CTP)
- Products serve the aluminium, steel, graphite electrodes, and construction industries
Global Market Position:
- Rain Industries is among the world's largest producers of calcined petroleum coke
- The company is the largest coal tar distiller globally
- Operations span across 14 locations in 8 countries across three continents
- Annual production capacity: 2.4 million tons of CPC and 1.0 million tons of tar distillation
Sectoral Challenges (2024-2025):
- The aluminium industry, which accounts for approximately 42% of Rain's revenues, has faced headwinds
- Global aluminium production continues to expand to meet growing demand, with LME aluminium prices trading around $2,600 per ton
- European aluminium smelters face structural decline pressures due to high energy costs
- Raw material availability constraints have impacted production schedules
- Supply chain issues and challenges in securing raw materials could impact production and costs
Sector Outlook for 2025-2026:
- The global aluminium market is projected to reach $355 billion by 2030, expanding at a CAGR of approximately 4.8%
- Demand growth expected from the automotive industry's lightweighting trend and electric vehicle adoption
- Increasing emphasis on low-carbon aluminium and sustainability initiatives
- Aluminium's recyclability has become significant, with recycling requiring only 5% of the energy needed for primary production
- Infrastructure spending in India and globally should support aluminium and construction material demand
Fundamental Backdrop:
Recent Financial Performance:
- Q3 FY2025 revenue stood at ₹44.76 billion with adjusted EBITDA of ₹6.48 billion
- Q2 2025 showed revenue growth of 17% quarter-over-quarter, driven by higher CPC volumes and prices
- The company operates at approximately 90% capacity utilization
- For Q2 FY2026, the company posted a profit of ₹106.01 crore, reversing a ₹179.11 crore loss year-over-year
Business Segment Performance:
- Carbon Segment: Largest revenue contributor with sales volumes of 664,000 MT in Q2 FY2025
- Advanced Materials: Showed 317% EBITDA growth quarter-over-quarter due to improved seasonality
- Cement Business: Faces challenges, but outlook is improving with infrastructure spending
- Company approved ₹7.57 billion cement expansion with commercial operation date in H2 2027
Financial Health Concerns:
- The company has a low interest coverage ratio and delivered poor sales growth of 4.46% over the past five years
- Return on equity is negative at -0.31% over the last 3 years
- Market capitalization as of November 27, 2025, stood at ₹3,619.08 crore
- High net debt of $699 million could constrain financial flexibility
- PE ratio of -104.48 indicates negative earnings
Recent Developments:
- The company declared a dividend of ₹1.00 per share in June 2025, yielding 1.58%
- Safety performance improved significantly with the Total Recordable Incident Rate decreasing to 0.03 in H1 2025
- Management focusing on cost-saving measures, ESG compliance, and debt optimisation
- Company investigating application of biocarbon materials in its product portfolio
Valuation Metrics:
- 52-week high: ₹180 (touched in early 2025)
- 52-week low: ₹99.80
- Current price: ₹124.60
- Price-to-Book ratio: 0.60 (as of Dec 2025)
- Stock down approximately -27.80% year-over-year, underperforming Sensex's 9.5% gain
Risk Factors and Challenges:
Operational Risks:
- Dependence on raw material availability, particularly green petroleum coke
- Energy cost volatility, especially in European operations
- Capacity utilization challenges impacting profitability
- Competition in battery materials and advanced materials segments
- Planned maintenance activities disrupting production schedules
Market and Sectoral Risks:
- Aluminium industry demand uncertainty in the European and US markets
- Geopolitical tensions affecting global trade and supply chains
- China's production nearing regulatory ceiling could trigger market distortions
- Regulatory changes and environmental compliance costs are increasing
- Potential tariff impacts on international trade
Financial Risks:
- High debt levels constrain strategic flexibility
- Negative operating cash flow concerns
- Low profitability margins despite revenue growth
- Currency fluctuation risks due to global operations
- Interest coverage ratio remaining weak
My 2 Cents:
Fundamental vs Technical Divergence:
- While the company shows operational improvement in recent quarters, market sentiment remains negative
- The gap between fundamental progress and stock performance is widening
- High debt levels and sectoral headwinds overshadow operational gains
- Market positioning the stock as a value trap rather than a value opportunity currently
- Investor confidence needs restoration through consistent delivery and debt reduction
NSE:RAIN represents a classic case of a fundamentally improving company caught in a perfect storm of technical breakdown, sectoral headwinds, and erosion of sentiment. The chart structure has deteriorated significantly, with the stock breaking below multi-year support zones and displaying all characteristics of a sustained downtrend. While the aluminium sector outlook for 2025-2026 appears constructive and the company has shown operational improvements, the market is clearly sceptical about near-term prospects given the high debt burden and challenging market environment.
The coming months will be crucial in determining whether Rain Industries can stabilise around the psychological ₹100 mark or if further capitulation to ₹85-90 levels is in store. Only a decisive reclaim of ₹140 with volume would suggest that the worst is behind, making it a level to watch closely for any signs of trend reversal.
Full Coverage on my Newsletter this Week
Keep in the Watchlist and DOYR.
NO RECO. For Buy/Sell.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FOLLOW for more
👍BOOST if you found it useful.
✍️COMMENT below with your views.
Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Nifty 50 spot 25966.40 by Daily Chart view - Weekly UpdateNifty 50 spot 25966.40 by Daily Chart view - Weekly Update
- Nifty has closed within Support Zone range upper end
- Support Zone remains steady at 25710 to 26010 for Nifty Index
- Resistance Zone stands firmly at 26200 to ATH 26325.80 for Nifty Index
- Volumes synced closely with avg traded quantity over the entire past weeks
- Falling Resistance Trendline Breakout in a steady making process by weekly closure
Bank Nifty spot 59069.20 by the Daily Chart view - Weekly UpdateBank Nifty spot 59069.20 by the Daily Chart view - Weekly Update
- Bank Nifty has closed within the Support Zone range
- Support Zone sustained at 58850 to 59375 for Bank Nifty
- Resistance Zone stands firmly at 59825 to ATH 60114.30 for Bank Nifty
- Volumes in close sync with avg traded quantity over with intermittent spikes
- Falling Resistance Trendline weighing hard for Bank Nifty has closed below trendline
#NIFTY Intraday Support and Resistance Levels - 19/12/2025A flat opening is expected in Nifty 50, with the index continuing to trade within a well-established consolidation range seen over the last several sessions. Price is currently hovering around the 25,800–25,850 zone, which is acting as a short-term balance area. This reflects ongoing indecision in the market, where buyers are showing interest near lower supports while sellers remain active near overhead resistance, keeping the index range-bound.
On the upside, a reversal long opportunity can be considered near the 25,750–25,800 support zone, provided the index shows stability and holds above this area. A successful bounce from this zone can lead to an upside move toward 25,850, 25,900, and 25,950+. A stronger bullish signal will emerge only if the index sustains above 25,950, which could invite fresh buying and shift momentum in favor of bulls.
On the downside, if the index faces rejection near 25,950–25,900, selling pressure may resume. In such a scenario, short positions can be considered with downside targets at 25,850, 25,800, and 25,750-. A decisive breakdown below 25,700 will strengthen the bearish bias and may open further downside toward 25,650, 25,550, and 25,500-. Until a clear breakout or breakdown occurs, traders are advised to focus on range-based trades, maintain strict risk management, and avoid aggressive directional positions.
[INTRADAY] #BANKNIFTY PE & CE Levels(19/12/2025)A flat opening is expected in Bank Nifty, with the index continuing to trade within a tight consolidation range formed over the last few sessions. Price is currently hovering around the 58,900–59,000 zone, which is acting as a short-term balance area. This indicates hesitation in the market, where buyers and sellers are evenly placed, and a clear directional move is still awaited for conviction.
On the upside, a sustained move above 59,050–59,100 will be the key trigger for bullish momentum. If Bank Nifty manages to hold above this resistance zone, buying can be considered, with upside targets placed at 59,250, 59,350, and 59,450+. A decisive breakout above this level may invite follow-through buying and push the index toward higher resistance levels.
On the downside, if the index fails to hold the 58,950–58,900 support zone, selling pressure may accelerate. In such a scenario, selling can be considered with downside targets at 58,750, 58,650, and 58,550-, where strong demand is expected. Until a clear breakout or breakdown occurs, traders should continue to focus on range-based trading setups, keep strict stop-loss discipline, and avoid aggressive positional trades.
IDFC First Bank cmp 83.79 by Weekly Chart viewIDFC First Bank cmp 83.79 by Weekly Chart view
- Support Zone 66 to 75 Price Band
- Resistance Zone 84 to 93 then ATH 100.70
- Bullish Cup and Handle setup made on the chart
- Falling Resistance Trendlines Breakouts well sustained
- Volumes are in close sync with the average traded quantity






















