Market Rebounds: Nifty, Bank Nifty Strategies Amid Positive Global Cues

Business
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Moneycontrol•19-12-2025, 09:58
Market Rebounds: Nifty, Bank Nifty Strategies Amid Positive Global Cues
- •Indian equity indices, Sensex and Nifty, are trading higher on December 19 due to positive global cues, with Nifty above 25900.
- •Virendra Kumar of CNBC-Awaaz advises selling Nifty on rallies below 25881-25923, with major resistance at 25973-26023.
- •Nifty's key support levels (base) are identified at 25739-25809, with a major base at 25649/25691-25701.
- •For Bank Nifty, Kumar suggests buying on dips around the base of 58671-58818, with resistance at 59081-59237.
- •IT sector shows strength; heavy call writing at Nifty 25900-26100 and put writing at 25800-600 indicate key levels.
Why It Matters: Experts advise Nifty sell-on-rallies and Bank Nifty buy-on-dips strategies amid market rebound.
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