Stock Market: Nifty Teases 20-DEMA as Fed Turbocharges Risk-on
Stock Market & BSE Bull ! (Image credit BSE India)
Nifty must go past 25950–26000 zone, which has acted as a stiff barrier for the last three sessions and aligns with the 20-DEMA, said analyst.
By S JHA
Mumbai, December 11, 2025 — Faced with prospects of dire consequences of slipping below the crucial support, Nifty on Thursday staged a major turnaround in the fortunes. Breaking the three days of falls, Nifty posted gains of 140 points to regain crucial 25900 pivot. The index gained comfort from global bullish cues in the wake of the rate cut by the US Federal Reserve last night.
“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),” said Angel One in a note shared with clients.
The brokerage said that “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,” added the Delhi-based brokerage.
It argued that “a sustained move above this zone would confirm a resumption of the primary uptrend, opening doors for a retest of 26200–26300.”
Nifty defended the 50-EMA and reversed sharply, closing with 140+ pts of gains, noted the analyst. “PCR surged from 0.54 to 0.84, indicating a notable pickup in bullish sentiment. A long lower wick with a green candle reflects strong demand at lower zones,” added Angel One.
(Disclaimer: This article makes no recommendation for any kind of trades in the stock market)
Follow The Raisina Hills on WhatsApp, Instagram, YouTube, Facebook, and LinkedIn
About The Author
