The Nifty 50 snapped a four-day losing streak on December 4, closing above the previous day's high with gains of 0.2 percent, and sustaining above the 20-day EMA as well as the midline of the Bollinger Bands (both at 25,970). Further, the index also defended the previous day's low and reclaimed the 26,000 mark. Hence, as long as the index defends 25,900 as support, an upward move toward 26,100–26,300 amid consolidation is possible in the upcoming sessions. However, a decisive fall below this level can open the door for 25,840, a crucial support, according to experts.

Here are 15 data points we have collated to help you spot profitable trades:

1) Key Levels For The Nifty 50 (26,034)

Resistance based on pivot points: 26,084, 26,122, and 26,183

Support based on pivot points: 25,963, 25

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