Technical Forecast 15th December 2025 by Vaishali Parekh, Vice President - Technical Research at PL Capital
Below the Technical Forecast 15th December 2025 by Vaishali Parekh, Vice President - Technical Research at PL Capital
Forecast
NIFTY / SENSEX
Nifty witnessed a strong gap-up opening to continue with the optimistic bias to move past the 26000 zone and remained almost rangebound, sustaining the level for the rest of the session with bias and sentiment better placed with a positive approach maintained for the coming sessions. The index can carry on with the positive move to retest the peak zone of the 26325 level once again in the coming days, and we can anticipate a fresh breakout to trigger a further rise with the undertone getting stronger. The important 50EMA level at the 25750 zone shall be positioned as the support level for the index as of now. Sensex has slowly and steadily headed towards the 86000 zone, with bias and sentiment getting better. The index, once confirmed for a decisive close above the important and crucial zone of the 85700 level, shall establish conviction, and thereafter, we can expect a further rise having targets of the 86200 and 87000 levels, with 84300 maintained as the important support zone. The support for the day is seen at 25900 levels, while the resistance is seen at 26300 levels.
BANKNIFTY / BANKEX
BankNifty also picked up with a gap-up opening session but overall was underperforming as compared to the Nifty index with almost sluggish movement throughout the session, hovering near the 59400 zone. As mentioned earlier, the index would need a decisive move past the 60000 zone to establish conviction, and thereafter, expect a further upward move for targets of 61300 and 63000 levels in the coming days with the 58800 level maintained as the important support level. Bankex continues to oscillate between the narrow range of the 67000 zone, which is acting as a tough hurdle, and on the downside is supported by the 65800 zone, which needs to be sustained to keep the positive bias intact. A decisive breach above the 67100 level shall trigger a fresh upward move with targets of 67700 and 68200 levels achievable in the coming sessions. BankNifty would have the daily range of 59000-60000 levels.
Nifty / BankNifty / Sensex / Bankex - Daily Technical Levels
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