Nifty Futures Soar as Bulls Guard Walls with Eyes on Peaks

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Bombay Stock Exchange (Image credit X @BSE)

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The Delhi-based brokerage also stated that “on the upside, the bulls seem back on track and may attempt to retest recent milestones and further in the coming sessions.”

By S JHA

New Delhi, December 12, 2025 — Aggressive put writing has cemented positions of nifty, said analysts on Friday. The 50-share index held onto firm gains amid sectoral gains on the street.

With the exception of volatility of the early sessions, Nifty paced ahead to settle easily above 26000—a key pivot for the index. Bulls have taken firm positions around 25950 and 26000 levels to guard against potential bear attacks.

“On a week-on-week basis, Nifty ended with a cut of around half a percent; however, the bulls appear to have regained control, considering the strong positive momentum witnessed in the latter half of the week,” said Angel One in a note to clients after the close of the market on Friday.

The brokerage argued that “this rebound emerged after forming a base near 25700, which coincides with the 50-DEMA and the golden retracement of the November rally, making it a pivotal support zone for the primary uptrend going ahead.” “Ahead of this, the bullish gap formed on Friday around 25950, which also aligns with the 20-DEMA, will act as immediate support,” it added.

The Delhi-based brokerage also stated that “on the upside, the bulls seem back on track and may attempt to retest recent milestones and further in the coming sessions, with 26200 followed by 26300 seen as immediate resistance levels.”

It also stated that “Nifty futures saw a strong long build-up, adding 138 points and reinforcing bullish derivative sentiment.” “The index reclaimed its 10-EMA with a bullish gap-up and closed above 26,000 for the first time in four sessions,” added the brokerage firm.

The analysts also argued that “Put writing at 25,800 and 26,000 indicates firm support at these levels. Sectoral breadth was strong: barring FMCG, all sectors ended in green; metals jumped 2.5%, while realty and pharma gained over 1%. Market breadth improved sharply: from 21% stocks above the 5-EMA on 10 Dec to 75% today, signalling stronger underlying momentum.”

(Disclaimer: This article makes no recommendation for any kind of trades in the stock market)

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