Nifty needs 20-SMA breakout; Bank Nifty outperforms, nears 59,500.

• Nifty 50 ended a two-day winning streak, closing moderately lower on December 15, failing to sustain above its 20-day SMA.
• For a strong upward move, Nifty needs a sustainable close above the 20-day SMA, targeting the 26,100–26,200 zone.
• Experts suggest Nifty's immediate support is at 25,900, with a broader positive trend maintained above 25,700.
• Bank Nifty outperformed, closing at 59,462 with a bullish candle, indicating buying interest and improving momentum.
• Bank Nifty has immediate support at 58,800–58,900 and faces stiff resistance at 60,000–60,120.

Why It Matters: It provides crucial technical insights for Nifty and Bank Nifty trading decisions.