Daily Derivative Report 11th December 2025 by Religare Broking Ltd
Market Outlook
Nifty appears to have completed a 5-wave impulsive structure, and the recent breakdown from the rising trendline signals the start of a corrective phase. Price is struggling near the 26,000 zone while momentum is weakening, with RSI forming lower highs and slipping below its average, indicating further loss of strength. As long as Nifty trades below 26,050–26,100, the bias stays mildly negative. Immediate support sits near 25,550–25,500, and a breach there may extend the correction toward 25,250. Upside revival will emerge only on a decisive close above 26,100.
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