Daily Derivative Report - 04th December 2025 by Religare Broking Ltd
Market Outlook
Nifty continues to trade in a consolidation phase after failing to sustain above the recent highs near 26,250. The index is currently hovering around the 20-day moving average, indicating a wait-andwatch phase for fresh direction. RSI remains near the neutral zone, suggesting muted momentum in the near term. A sustained move above 26,250 can revive bullish momentum towards 26,500– 26,700. On the downside, 25,750–25,700 is a crucial support zone to watch for trend stability.




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