Daily Derivative Report 18th December 2025 by Religare Broking Ltd
Market Outlook
Nifty continues to consolidate after the recent rally, trading within a falling channel on the daily chart. The index is hovering near the lower end of the channel around 25,700, which is acting as an immediate support. Price remains close to the short-term moving average, indicating a lack of strong directional momentum. RSI is placed in the neutral zone, suggesting neither oversold nor overbought conditions. A decisive breakout above 26,000–26,100 could revive upside momentum, while a break below 25,700 may invite further corrective pressure




Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
