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šŸš€Niftyā€™s back above 26K: Whatā€™s the next move? HINDZINC jumps 7.5%, Inflation update & full weekly wrap inside!

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Team SAHI

1 month ago

Nifty: 26,046.95 ā–² +0.57%
Sensex: 85,267.66 ā–² +0.53%
Bank Nifty: 59,389.95 ā–² +0.30%

Market Today: Nifty hits 26K as sentiment favours Bulls!

Nifty50 opened with a gap up, handled early volatility well, and stayed above its intraday lows long enough to confidently cross 26,000 again. The market breadth painted a healthy picture with an A/D ratio of 2:1.

Technically, Nifty retook its 20-EMA with trailing support now at 25,950, and Sensex is inching toward an important ceiling at 85,400. Bank Nifty held stable throughout the week with a consolidation on the chart, wherein a breakout above the 59,550ā€“59,600 zone might open the bullsā€™ gateway.

Key Levels to Watch ā€“ December 15, 2025

Index Support Resistance
Nifty 25,950 & 25,850 26,100 & 26,200
Bank Nifty 59,250 & 59,050 59,600 & 59,850
Sensex 85,000 & 84,750 85,500 & 85,750

Sector & Stock Moves: What held up & what cracked?

Sector-wise, except for FMCG, every major index finished in the green, with Metals and Realty at the front of the pack. Niftyā€™s top gainers saw strong cash market buying. Hind Zinc extended its recent run, Bandhan Bank and Vodafone Idea added too, and SRF followed suit.

Stock-specific action also added to the energy of the day: JSW Energy climbed after approving a ā‚¹10,000 crore QIP, NBCC gained on fresh orders from NALCO and SAIL, and L&T and Thermax were upbeat on brokerage notes.

NIFTY50: Top Gainers

  • HINDALCO ā–² +3.37%
  • TATASTEEL ā–² +3.31%
  • ETERNAL ā–² +2.44%

NIFTY50: Top Losers

  • HINDUNILVR ā–¼ -1.95%
  • SUNPHARMA ā–¼ -0.76%
  • ITC ā–¼ -0.69%

Open Interest Insights

Put writers are stacked at 26,000 (92.27L) and 25,900 (49.72L), while calls saw unwinding at 26,100 with fresh writing only at 26,200 (13.69L). The PCR-OI currently stands at 1.1.

What does this positioning mean? A positive tone, indicating firm downside support and relatively lighter resistance on the upside.

Stocks on the Move

Stock % Gain/Loss Whatā€™s happening?
HINDZINC +7.46% Strong weekly breakout with solid volume as Silver hits fresh highs
HINDCOPPER +7.07% Broadening pattern continuation confirmed after clean re-test
BPCL +3.91% Follow-through buying as stock rebounds from pullback support
BHEL +3.13% IH&S breakout with re-test strengthens bullish structure
POLICYBZR -1.17% Cooling off after a run-up; key support at 1,872

News You Can Use

  • Indiaā€™s retail inflation rose to 0.71% in November from 0.25% in October.
  • JSW Energy approves fundraise of up to ā‚¹10,000 crore via QIP.
  • NBCC secures orders of ā‚¹256 crore (NALCO) and ā‚¹33 crore (SAIL).
  • IOC approves dividend of ā‚¹5 per share for FY26.

Chart of the Day: NMDC (Weekly TF)

Spotted: Flag & Pole

Structure: Impulse move followed by consolidation, indicating a pauseā€”not a reversal.

Validation: Breakout above the flagā€™s upper trendline with steady momentum confirms continuation.

Trading Insight: A trend continuation patternā€”once breakout hits, price typically resumes and accelerates with the prevailing trend.

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