Daily Morning Report – 15/12/25

NIFTY OUTLOOK: 26046.95
FII: -1114.22 cr DII: 3868.94 cr
(15th – 19th December 2025)

NIFTY INDEX CMP: 26046.95

As discussed in the previous report dated 8th December 2025, market behaviour remained on expected lines during the past week, as opportunistic sellers again attacked and dragged Nifty down to 25693. By the end of the week, it closed near our breakdown level of 26068, with a weekly close at 26046.95.

At the end of this prolonged trend, an extremely rare structure has formed on the weekly chart of Nifty. A consecutive four-week candle group suggests intense struggle between buyers and sellers, indecision about Nifty’s direction, and signals an interruption to the uptrend. The latest weekly close below the previous two weeks’ close favours the bears. If bears take control and Nifty decisively breaks below 25927, it may slip towards 25810–25690. If selling pressure intensifies further, it may test 25570–25551.

This intense struggle also suggests immediate resistance around 26167–26287. A successful breakout above these levels may allow bulls to take Nifty towards 26405–26523.

Bank Nifty Outlook

Spot: 59389.95 PCR: 0.89
Max CE OI: 60000 Max PE OI: 59500

On 12th December 2025, Bank Nifty closed at 59389.95, down 180.10 points (-0.30%). The total intraday movement was 320.85 points, with a high of 59545.70 and a low of 59224.85.

Technical View:
Important support and resistance levels are 58500 and 60105 respectively.
Intraday support and resistance are 59302 and 59478 respectively.
The RSI for Bank Nifty stands at 58.2. Below 30 is considered oversold and above 70 overbought.

Bank nifty Day SMA Analysis:

Bank nifty is trading above 8 out of 8 SMA’s (5, 10, 20, 30, 50, 100, 150, 200 Day).

One Bullish candlestick Pattern was identified in bank nifty on daily chart.

• Long Legged Doji Uptrend

Macro:

1. Dollar index is @ 98.02

2. Vix is @ 15.74 (+5.99%)

3. Brenr crude is @ 61.12

4. US 10 years bond yields is @ 4.196

Note:
After visiting several countries following the US tariff hike to 50% to find new trade partners, developments now seem to be progressing on the ground. In a recent move, India has eased visa norms for Chinese professionals to boost bilateral ties. The reduction in red tape will speed up business visas and help address chronic delays that earlier caused output losses worth billions due to a shortage of technicians.

Mexico has imposed 50% tariffs on India. Trade with Mexico is around $8–10 billion, not very large, but sentimentally negative. The auto sector is likely to be most affected, with companies such as Volkswagen, Hyundai, Nissan, and Maruti Suzuki impacted. According to a Reuters report, the new tariffs may affect shipments worth nearly $1 billion from major Indian car exporters.

On the commodities front, as mentioned earlier, a lower dollar index is benefiting bullion (gold and silver) and metals. Silver has hit an all-time high, while other metals remained firm.

Important Pivot Point Levels for Today           

Nifty

Bank Nifty

By Ashok Bhandari (RA)

SEBI Regd. No. INH00019549