NIFTY MID SELECT

The 26,000 is acting as the immediate key support, followed by 25,800 for the Nifty 50.

shorts/business/trading-plan-can-nifty-convincingly-scale-above-26-200-bank-nifty-surpass-the-59-400-hurdle

Overall, the market is still supported by bulls, with a continuation of the higher high–higher low formation and the Nifty 50 trading above all key moving averages with positive momentum indicators. Hence, if the index gives a convincing close above 26,200, the levels of 26,325 (record high), followed by 26,500, cannot be ruled out. However, 26,000 is acting as the immediate key support, followed by 25,800. Meanwhile, the Bank Nifty decisively needs to surpass 59,400 (previous day’s high) for a move toward 59,550–59,800. Support is placed in the 59,100–59,000 zone, experts said.

On December 23, the Nifty 50 rose 5 points to 26,177, while the Bank Nifty fell 4.5 points to close at 59,300 after rangebound trading. Market breadth supported the bulls, as a total of 1,651 shares saw buying interest compared to 1,197 declining shares on the NSE.

Nifty Outlook and Strategy

Nandish Shah, Senior Technical Research Analyst at HDFC Securities

After a sharp rally over the last two days, Nifty consolidated its gains and traded in a narrow range on the weekly expiry day. The short-term trend of the Nifty remains positive, with a bullish higher-top, higher-bottom formation on the daily chart. Momentum indicators and oscillators such as RSI and MFI are signaling strength in the current uptrend.

The FIIs long-to-short ratio in index futures is placed near an all-time low level of 0.13. This extremely oversold level of the FIIs long-to-short ratio suggests a higher possibility of short covering in the coming days, which augurs well for the markets.

On the higher side, immediate resistance is placed in the vicinity of 26,200–26,325 levels, where Call writing has been observed. Above 26,325, Nifty could extend the rally towards 26,500–26,600 levels. On the downside, immediate support is placed in the vicinity of 26,000–25,800 levels, where Put writing has been observed. Therefore, a buy-on-dips strategy is recommended for Nifty.

Key Resistance: 26,325, 26,500

Key Support: 26,050, 25,800

Strategy: Buy Nifty Futures around 26,050, with a stop-loss of 25,700, targeting 26,325 and 26,500 (cash levels).

Ashish Kyal, CMT, Founder and CEO of Waves Strategy Advisors

In the previous week, Nifty found strong support in the 25,700–25,600 zone, which also aligns with the 50-day Exponential Moving Average. From this area, the index staged a smart rebound of nearly 450 points, reflecting healthy buying interest.

On the daily chart, MACD has given a bullish crossover near the zero line for the first time since October 2025, which is a positive sign. Over the past two trading sessions, Nifty has consistently opened with gap-ups, managed to close above the day’s high, and protected the prior day’s low on a closing basis, highlighting underlying strength in the trend. Prices are now approaching the previous record high near 26,325. However, with short-term indicators nearing overbought territory, a buy-on-dips approach appears to be a prudent strategy.

Key Resistance: 26,325

Key Support: 26,002

Strategy: Long positions can be created if Nifty Futures move towards 26,130 and form a reversal on the 5-minute chart, with upside targets of 26,250 followed by 26,325 and a stop-loss at 26,002 levels.

Preeti K Chabra, Founder of Trade Delta

On the daily timeframe, Nifty is currently trading in an upward-sloping channel, with the formation of a higher high and higher low sequence suggesting positive momentum. The index is trading above the 23.6% Fibonacci retracement level at 26,088, calculated from the rally between the November 7 low (25,318) and the December 1 high (26,325). However, the upside is currently capped at 26,325, the all-time high, making this level a strong resistance zone. A decisive close above this zone could pave the way for further upside momentum.

On the downside, 26,018, corresponding to the 20-day SMA (middle Bollinger Band), acts as a crucial support level. The daily RSI at 58.7 is trading above its signal line, indicating positive momentum.

From a derivatives perspective, weekly options data continue to reflect a bullish undertone, supported by unwinding in in-the-money Call positions, suggesting reduced downside pressure.

Key Resistance: 26,250, 26,325

Key Support: 26,088, 26,018

Strategy: Consider buying Nifty Futures near 26,150, with a target of 26,250 followed by 26,325, and a stop-loss at 26,088.

Bank Nifty - Outlook and Positioning

Nandish Shah, Senior Technical Research Analyst at HDFC Securities

The positional trend remains firmly bullish, as Bank Nifty is forming a bullish higher-top, higher-bottom formation on the weekly chart. Key momentum indicators and oscillators such as RSI and MFI are in rising mode and placed above 50 on the monthly chart, suggesting strength in the current rally. Among Put options, the highest open interest is placed at the 59,000 strike price, suggesting strong support in the range of 58,500–59,000 levels.

The oversold level of the FIIs long-to-short ratio in the index futures segment points to a higher possibility of short covering in the coming days, which augurs well for the markets. Considering the technical and derivative indicators mentioned above, a buy-on-dips strategy is recommended in Bank Nifty with a stop-loss at 58,500 levels. On the higher side, immediate resistance is placed around 60,000, the level at which higher concentrations of Calls have been observed.

Key Resistance: 60,000, 60,400

Key Support: 59,000, 58,700

Strategy: Buy Bank Nifty Futures around 59,100, with a stop-loss of 58,700, targeting 60,000 and 60,400 (cash levels).

Ashish Kyal, CMT, Founder and CEO of Waves Strategy Advisors

In the previous week, Bank Nifty found strong support near 58,700, from where the index staged a sharp rebound of nearly 600 points. Currently, prices are trading near the mid Bollinger Bands, indicating a recovery within the broader structure. A decisive break above 59,410, followed by 59,540, is required to extend the bullish momentum towards the upper Bollinger Bands near 59,850.

Over the past four sessions, Bank Nifty has been forming higher highs and higher lows, reflecting buying interest from lower levels and keeping the short-term bias positive. PSU banks continue to support the index, while private banks remain laggards. A revival in private banks could act as a catalyst and help Bank Nifty move towards fresh highs ahead.

A break above 59,540 is required for a fresh course of rally towards the record high of 60,114 levels. This view remains valid as long as 58,700 is protected on the downside.

Key Resistance: 60,114

Key Support: 58,700

Strategy: Long positions in Bank Nifty can be created above 59,540, with a stop-loss of 59,280 and targets of 59,800 followed by 60,114 levels.

Preeti K Chabra, Founder of Trade Delta

Bank Nifty continues to form a higher high–higher low sequence, indicating that the broader trend remains positive. However, the index is currently encountering resistance near the 23.6% Fibonacci retracement level at 59,416, calculated from the rally between the November 7 low of 57,157 and the December 1 high of 60,114. Additionally, the index closed below the 20-day SMA (middle Bollinger Band) at 59,320, which is acting as a hurdle. On the downside, strong support is placed around 58,984, corresponding to the 38.2% Fibonacci retracement level.

The daily RSI at 55.9 is trading above its signal line but flattening, suggesting a mild loss of bullish momentum without confirming a trend reversal.

From the derivatives front, monthly options data show unwinding in in-the-money Call positions, reflecting bullish momentum. Overall, the broader structure remains positive, and a buy-on-dips approach continues to be appropriate unless Bank Nifty decisively breaks below the support zone.

Key Resistance: 59,416, 59,550

Key Support: 59,200, 58,984

Strategy: Buy Bank Nifty Futures near the cash reference level of 59,200, for an upside target of 59,416 followed by 59,550, while maintaining a stop-loss at 59,100.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

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Trading Plan: Can Nifty convincingly scale above 26,200, Bank Nifty surpass the 59,400 hurdle?

Overall, the market is still supported by bulls, with a continuation of the higher high–higher low formation and the Nifty 50 trading above all key moving averages with positive momentum indicators. Hence, if the index gives a convincing close above 26,200, the levels of 26,325 (record high), followed by 26,500, cannot be ruled out. However, 26,000 is acting as the immediate key support, followed by 25,800. Meanwhile, the Bank Nifty decisively needs to surpass 59,400 (previous day’s high) for a move toward 59,550–59,800. Support is placed in the 59,100–59,000 zone, experts said.

On December 23, the Nifty 50 rose 5 points to 26,177, while the Bank Nifty fell 4.5 points to close at 59,300 after rangebound trading. Market breadth supported the bulls, as a total of 1,651 shares saw buying interest compared to 1,197 declining shares on the NSE.

Nifty Outlook and Strategy

Nandish Shah, Senior Technical Research Analyst at HDFC Securities

After a sharp rally over the last two days, Nifty consolidated its gains and traded in a narrow range on the weekly expiry day. The short-term trend of the Nifty remains positive, with a bullish higher-top, higher-bottom formation on the daily chart. Momentum indicators and oscillators such as RSI and MFI are signaling strength in the current uptrend.

The FIIs long-to-short ratio in index futures is placed near an all-time low level of 0.13. This extremely oversold level of the FIIs long-to-short ratio suggests a higher possibility of short covering in the coming days, which augurs well for the markets.

On the higher side, immediate resistance is placed in the vicinity of 26,200–26,325 levels, where Call writing has been observed. Above 26,325, Nifty could extend the rally towards 26,500–26,600 levels. On the downside, immediate support is placed in the vicinity of 26,000–25,800 levels, where Put writing has been observed. Therefore, a buy-on-dips strategy is recommended for Nifty.

Key Resistance: 26,325, 26,500

Key Support: 26,050, 25,800

Strategy: Buy Nifty Futures around 26,050, with a stop-loss of 25,700, targeting 26,325 and 26,500 (cash levels).

Ashish Kyal, CMT, Founder and CEO of Waves Strategy Advisors

In the previous week, Nifty found strong support in the 25,700–25,600 zone, which also aligns with the 50-day Exponential Moving Average. From this area, the index staged a smart rebound of nearly 450 points, reflecting healthy buying interest.

On the daily chart, MACD has given a bullish crossover near the zero line for the first time since October 2025, which is a positive sign. Over the past two trading sessions, Nifty has consistently opened with gap-ups, managed to close above the day’s high, and protected the prior day’s low on a closing basis, highlighting underlying strength in the trend. Prices are now approaching the previous record high near 26,325. However, with short-term indicators nearing overbought territory, a buy-on-dips approach appears to be a prudent strategy.

Key Resistance: 26,325

Key Support: 26,002

Strategy: Long positions can be created if Nifty Futures move towards 26,130 and form a reversal on the 5-minute chart, with upside targets of 26,250 followed by 26,325 and a stop-loss at 26,002 levels.

Preeti K Chabra, Founder of Trade Delta

On the daily timeframe, Nifty is currently trading in an upward-sloping channel, with the formation of a higher high and higher low sequence suggesting positive momentum. The index is trading above the 23.6% Fibonacci retracement level at 26,088, calculated from the rally between the November 7 low (25,318) and the December 1 high (26,325). However, the upside is currently capped at 26,325, the all-time high, making this level a strong resistance zone. A decisive close above this zone could pave the way for further upside momentum.

On the downside, 26,018, corresponding to the 20-day SMA (middle Bollinger Band), acts as a crucial support level. The daily RSI at 58.7 is trading above its signal line, indicating positive momentum.

From a derivatives perspective, weekly options data continue to reflect a bullish undertone, supported by unwinding in in-the-money Call positions, suggesting reduced downside pressure.

Key Resistance: 26,250, 26,325

Key Support: 26,088, 26,018

Strategy: Consider buying Nifty Futures near 26,150, with a target of 26,250 followed by 26,325, and a stop-loss at 26,088.

Bank Nifty - Outlook and Positioning

Nandish Shah, Senior Technical Research Analyst at HDFC Securities

The positional trend remains firmly bullish, as Bank Nifty is forming a bullish higher-top, higher-bottom formation on the weekly chart. Key momentum indicators and oscillators such as RSI and MFI are in rising mode and placed above 50 on the monthly chart, suggesting strength in the current rally. Among Put options, the highest open interest is placed at the 59,000 strike price, suggesting strong support in the range of 58,500–59,000 levels.

The oversold level of the FIIs long-to-short ratio in the index futures segment points to a higher possibility of short covering in the coming days, which augurs well for the markets. Considering the technical and derivative indicators mentioned above, a buy-on-dips strategy is recommended in Bank Nifty with a stop-loss at 58,500 levels. On the higher side, immediate resistance is placed around 60,000, the level at which higher concentrations of Calls have been observed.

Key Resistance: 60,000, 60,400

Key Support: 59,000, 58,700

Strategy: Buy Bank Nifty Futures around 59,100, with a stop-loss of 58,700, targeting 60,000 and 60,400 (cash levels).

Ashish Kyal, CMT, Founder and CEO of Waves Strategy Advisors

In the previous week, Bank Nifty found strong support near 58,700, from where the index staged a sharp rebound of nearly 600 points. Currently, prices are trading near the mid Bollinger Bands, indicating a recovery within the broader structure. A decisive break above 59,410, followed by 59,540, is required to extend the bullish momentum towards the upper Bollinger Bands near 59,850.

Over the past four sessions, Bank Nifty has been forming higher highs and higher lows, reflecting buying interest from lower levels and keeping the short-term bias positive. PSU banks continue to support the index, while private banks remain laggards. A revival in private banks could act as a catalyst and help Bank Nifty move towards fresh highs ahead.

A break above 59,540 is required for a fresh course of rally towards the record high of 60,114 levels. This view remains valid as long as 58,700 is protected on the downside.

Key Resistance: 60,114

Key Support: 58,700

Strategy: Long positions in Bank Nifty can be created above 59,540, with a stop-loss of 59,280 and targets of 59,800 followed by 60,114 levels.

Preeti K Chabra, Founder of Trade Delta

Bank Nifty continues to form a higher high–higher low sequence, indicating that the broader trend remains positive. However, the index is currently encountering resistance near the 23.6% Fibonacci retracement level at 59,416, calculated from the rally between the November 7 low of 57,157 and the December 1 high of 60,114. Additionally, the index closed below the 20-day SMA (middle Bollinger Band) at 59,320, which is acting as a hurdle. On the downside, strong support is placed around 58,984, corresponding to the 38.2% Fibonacci retracement level.

The daily RSI at 55.9 is trading above its signal line but flattening, suggesting a mild loss of bullish momentum without confirming a trend reversal.

From the derivatives front, monthly options data show unwinding in in-the-money Call positions, reflecting bullish momentum. Overall, the broader structure remains positive, and a buy-on-dips approach continues to be appropriate unless Bank Nifty decisively breaks below the support zone.

Key Resistance: 59,416, 59,550

Key Support: 59,200, 58,984

Strategy: Buy Bank Nifty Futures near the cash reference level of 59,200, for an upside target of 59,416 followed by 59,550, while maintaining a stop-loss at 59,100.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

The ongoing consolidation may continue for a couple of days before the Nifty 50 gains strength for a move toward the 26,300–26,400 levels.

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shorts/business/trade-setup-for-december-24-top-15-things-to-know-before-the-opening-bell

The benchmark Nifty 50 closed flat with a positive bias after range-bound trading, extending its uptrend and higher high–higher low formation for the third consecutive session on December 23. Momentum indicators also remained healthy. Hence, according to experts, the ongoing consolidation may continue for a couple of days before the index gains strength for a move toward the 26,300–26,400 levels. The immediate hurdle is placed at 26,200, and sustaining above it is required for a sharp market run. Until then, consolidation may be seen, with immediate key support at 26,000.

<img class="alignnone size-full wp-image-13740085 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223171602_Image123122025.jpg" alt="Image123122025" width="1281" height="646" />

Here are 15 data points we have collated to help you spot profitable trades:

1) Key Levels For The <a href="https://www.moneycontrol.com/indian-indices/nifty-50-9.html" target="_blank">Nifty 50</a> (26,177)

Resistance based on pivot points: 26,220, 26,247, and 26,291

Support based on pivot points: 26,133, 26,106, and 26,062

Special Formation: The Nifty 50 formed a small-bodied bearish candle with upper and lower shadows on the daily timeframe, indicating indecision among market participants after the recent pullback rally. The higher high–higher low structure continued, with short-term moving averages trending upward and the 10-day EMA climbing above the 20-day EMA. The RSI climbed to 58.70 and held above the reference line, while the Stochastic RSI maintained a strong bullish crossover. The MACD also turned positive, with the histogram rising above the zero line. All this indicates a continuation of the positive underlying trend.

2) Key Levels For The <a href="https://www.moneycontrol.com/indian-indices/nifty-bank-23.html" target="_blank">Bank Nifty</a> (59,300)

Resistance based on pivot points: 59,377, 59,421, and 59,492

Support based on pivot points: 59,235, 59,192, and 59,121

Resistance based on Fibonacci retracement: 59,449, 60,859

Support based on Fibonacci retracement: 58,983, 58,635

Special Formation: The Bank Nifty formed a bearish candle with upper and lower shadows on the daily timeframe, signalling indecision among bulls and bears, though the higher top–higher bottom formation continued. The index sustained above all key moving averages, even though it closed marginally below the midline of the Bollinger Bands. The Stochastic RSI maintained a bullish crossover, while the RSI slipped slightly to 55.99 but held marginally above the reference line. Histogram weakness faded further, though the MACD stayed below the reference line. All this indicates a cautious yet positive bias in the near term.

<img class="alignnone size-full wp-image-13740086 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223171659_Image223122025.jpg" alt="Image223122025" width="1281" height="646" />

3) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Nifty Call Options Data</a>

According to the monthly options data, the 27,000 strike holds the maximum Call open interest (with 1.1 crore contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 26,200 strike (75.58 lakh contracts) and 26,500 strike (72.27 lakh contracts).

Maximum Call writing was observed at the 26,200 strike, which saw an addition of 28.86 lakh contracts, followed by the 26,600 and 26,700 strikes, which added 24.12 lakh and 23.41 lakh contracts, respectively. The maximum Call unwinding was seen at the 26,000 strike, which shed 4.36 lakh contracts, followed by the 25,900 and 25,800 strikes, which shed 2.62 lakh and 63,150 contracts, respectively.

<img class="alignnone size-full wp-image-13740088 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223171733_Image423122025.jpg" alt="Image423122025" width="1255" height="342" />

4) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Nifty Put Options Data</a>

On the Put side, the maximum Put open interest was seen at the 26,000 strike (with 1.19 crore contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 26,200 strike (65.87 lakh contracts) and the 25,800 strike (57.56 lakh contracts).

The maximum Put writing was placed at the 26,200 strike, which saw an addition of 28.24 lakh contracts, followed by the 25,700 and 25,800 strikes, which added 24.94 lakh and 24.75 lakh contracts, respectively. The maximum Put unwinding was seen at the 26,500 strike, which shed 71,775 contracts, followed by the 25,650 and 27,000 strikes, which shed 68,775 and 58,300 contracts, respectively.

<img class="alignnone size-full wp-image-13740089 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223171755_Image523122025.jpg" alt="Image523122025" width="1253" height="338" />

5) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Bank Nifty Call Options Data</a>

According to the monthly options data, the maximum Call open interest was seen at the 59,500 strike, with 20.15 lakh contracts. This can act as a key resistance level for the index in the short term. It was followed by the 60,000 strike (18.75 lakh contracts) and the 61,000 strike (8.9 lakh contracts).

Maximum Call writing was observed at the 60,700 strike (with the addition of 1.33 lakh contracts), followed by the 60,800 and 59,300 strikes (1.28 lakh contracts each). The maximum Call unwinding was seen at the 59,000 strike, which shed 46,865 contracts, followed by the 58,800 and 59,100 strikes, which shed 22,890 and 19,320 contracts, respectively.

<img class="alignnone size-full wp-image-13740090 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223171818_Image623122025.jpg" alt="Image623122025" width="1248" height="350" />

6) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Bank Nifty Put Options Data</a>

On the Put side, the 59,000 strike holds the maximum Put open interest (with 13.96 lakh contracts), which can act as a key support level for the index. This was followed by the 59,500 strike (12.89 lakh contracts) and the 58,500 strike (10.68 lakh contracts).

The maximum Put writing was placed at the 59,300 strike (which added 1.04 lakh contracts), followed by the 59,400 strike (84,175 contracts) and the 58,000 strike (76,545 contracts). The maximum Put unwinding was seen at the 57,500 strike, which shed 1.19 lakh contracts, followed by the 59,100 and 59,000 strikes, which shed 31,850 and 11,410 contracts, respectively.

<img class="alignnone size-full wp-image-13740091 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223171840_Image723122025.jpg" alt="Image723122025" width="1251" height="338" />

7) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Funds Flow (Rs crore)</a>

<img class="alignnone size-full wp-image-13740092 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223171901_Image823122025.jpg" alt="Image823122025" width="741" height="368" />

8) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Put-Call Ratio</a>

The Nifty Put-Call ratio (PCR), which indicates the mood of the market, dropped to 1.14 on December 23, compared to 1.42 in the previous session.

The increasing PCR, or being higher than 0.7 or surpassing 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling in Calls is higher than selling in Puts, reflecting a bearish mood in the market.

<img class="alignnone size-full wp-image-13740093 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223171921_Image923122025.jpg" alt="Image923122025" width="1238" height="510" />

9) <a href="https://www.moneycontrol.com/indian-indices/india-vix-36.html" target="_blank">India VIX</a>

The India VIX, which measures expected market volatility, hit a fresh record closing low of 9.38 on Tuesday, falling 3.07 percent and sustaining well below all key moving averages, which collectively provided strong comfort to bulls.

<img class="alignnone size-full wp-image-13740094 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223171951_Image323122025.jpg" alt="Image323122025" width="1281" height="646" />

10) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Long Build-up (71 Stocks)</a>

A long build-up was seen in 71 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.

<img class="alignnone size-full wp-image-13740095 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223172013_Image1023122025.jpg" alt="Image1023122025" width="556" height="235" />

11) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Long Unwinding (33 Stocks)</a>

33 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding.

<img class="alignnone size-full wp-image-13740096 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223172035_Image1123122025.jpg" alt="Image1123122025" width="561" height="235" />

12) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Short Build-up (69 Stocks)</a>

69 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.

<img class="alignnone size-full wp-image-13740097 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223172055_Image1223122025.jpg" alt="Image1223122025" width="550" height="235" />

13) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Short-Covering (38 Stocks)</a>

38 stocks saw short-covering, meaning a decrease in OI, along with a price increase.

<img class="alignnone size-full wp-image-13740099 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223172115_Image1323122025.jpg" alt="Image1323122025" width="554" height="235" />

14) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">High Delivery Trades</a>

Here are the stocks that saw a high share of delivery trades. A high share of delivery reflects investing (as opposed to trading) interest in a stock.

<img class="alignnone size-full wp-image-13740100 aligncenter" src="https://images.moneycontrol.com/static-mcnews/2025/12/20251223172139_Image1423122025.jpg" alt="Image1423122025" width="744" height="235" />

15) <a href="https://www.moneycontrol.com/markets/fno-market-snapshot" target="_blank">Stocks Under F&amp;O Ban</a>

Securities banned under the F&amp;O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.

Stocks added to F&amp;O ban: Nil

Stocks retained in F&amp;O ban: Sammaan Capital

Stocks removed from F&amp;O ban: Nil

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Trade setup for December 24: Top 15 things to know before the opening bell

The benchmark Nifty 50 closed flat with a positive bias after range-bound trading, extending its uptrend and higher high–higher low formation for the third consecutive session on December 23. Momentum indicators also remained healthy. Hence, according to experts, the ongoing consolidation may continue for a couple of days before the index gains strength for a move toward the 26,300–26,400 levels. The immediate hurdle is placed at 26,200, and sustaining above it is required for a sharp market run. Until then, consolidation may be seen, with immediate key support at 26,000.



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

1) Key Levels For The Nifty 50 (26,177)

Resistance based on pivot points: 26,220, 26,247, and 26,291

Support based on pivot points: 26,133, 26,106, and 26,062

Special Formation: The Nifty 50 formed a small-bodied bearish candle with upper and lower shadows on the daily timeframe, indicating indecision among market participants after the recent pullback rally. The higher high–higher low structure continued, with short-term moving averages trending upward and the 10-day EMA climbing above the 20-day EMA. The RSI climbed to 58.70 and held above the reference line, while the Stochastic RSI maintained a strong bullish crossover. The MACD also turned positive, with the histogram rising above the zero line. All this indicates a continuation of the positive underlying trend.

2) Key Levels For The Bank Nifty (59,300)

Resistance based on pivot points: 59,377, 59,421, and 59,492

Support based on pivot points: 59,235, 59,192, and 59,121

Resistance based on Fibonacci retracement: 59,449, 60,859

Support based on Fibonacci retracement: 58,983, 58,635

Special Formation: The Bank Nifty formed a bearish candle with upper and lower shadows on the daily timeframe, signalling indecision among bulls and bears, though the higher top–higher bottom formation continued. The index sustained above all key moving averages, even though it closed marginally below the midline of the Bollinger Bands. The Stochastic RSI maintained a bullish crossover, while the RSI slipped slightly to 55.99 but held marginally above the reference line. Histogram weakness faded further, though the MACD stayed below the reference line. All this indicates a cautious yet positive bias in the near term.



3) Nifty Call Options Data

According to the monthly options data, the 27,000 strike holds the maximum Call open interest (with 1.1 crore contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 26,200 strike (75.58 lakh contracts) and 26,500 strike (72.27 lakh contracts).

Maximum Call writing was observed at the 26,200 strike, which saw an addition of 28.86 lakh contracts, followed by the 26,600 and 26,700 strikes, which added 24.12 lakh and 23.41 lakh contracts, respectively. The maximum Call unwinding was seen at the 26,000 strike, which shed 4.36 lakh contracts, followed by the 25,900 and 25,800 strikes, which shed 2.62 lakh and 63,150 contracts, respectively.



4) Nifty Put Options Data

On the Put side, the maximum Put open interest was seen at the 26,000 strike (with 1.19 crore contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 26,200 strike (65.87 lakh contracts) and the 25,800 strike (57.56 lakh contracts).

The maximum Put writing was placed at the 26,200 strike, which saw an addition of 28.24 lakh contracts, followed by the 25,700 and 25,800 strikes, which added 24.94 lakh and 24.75 lakh contracts, respectively. The maximum Put unwinding was seen at the 26,500 strike, which shed 71,775 contracts, followed by the 25,650 and 27,000 strikes, which shed 68,775 and 58,300 contracts, respectively.



5) Bank Nifty Call Options Data

According to the monthly options data, the maximum Call open interest was seen at the 59,500 strike, with 20.15 lakh contracts. This can act as a key resistance level for the index in the short term. It was followed by the 60,000 strike (18.75 lakh contracts) and the 61,000 strike (8.9 lakh contracts).

Maximum Call writing was observed at the 60,700 strike (with the addition of 1.33 lakh contracts), followed by the 60,800 and 59,300 strikes (1.28 lakh contracts each). The maximum Call unwinding was seen at the 59,000 strike, which shed 46,865 contracts, followed by the 58,800 and 59,100 strikes, which shed 22,890 and 19,320 contracts, respectively.



6) Bank Nifty Put Options Data

On the Put side, the 59,000 strike holds the maximum Put open interest (with 13.96 lakh contracts), which can act as a key support level for the index. This was followed by the 59,500 strike (12.89 lakh contracts) and the 58,500 strike (10.68 lakh contracts).

The maximum Put writing was placed at the 59,300 strike (which added 1.04 lakh contracts), followed by the 59,400 strike (84,175 contracts) and the 58,000 strike (76,545 contracts). The maximum Put unwinding was seen at the 57,500 strike, which shed 1.19 lakh contracts, followed by the 59,100 and 59,000 strikes, which shed 31,850 and 11,410 contracts, respectively.



7) Funds Flow (Rs crore)



8) Put-Call Ratio

The Nifty Put-Call ratio (PCR), which indicates the mood of the market, dropped to 1.14 on December 23, compared to 1.42 in the previous session.

The increasing PCR, or being higher than 0.7 or surpassing 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling in Calls is higher than selling in Puts, reflecting a bearish mood in the market.



9) India VIX

The India VIX, which measures expected market volatility, hit a fresh record closing low of 9.38 on Tuesday, falling 3.07 percent and sustaining well below all key moving averages, which collectively provided strong comfort to bulls.



10) Long Build-up (71 Stocks)

A long build-up was seen in 71 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.



11) Long Unwinding (33 Stocks)

33 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding.



12) Short Build-up (69 Stocks)

69 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.



13) Short-Covering (38 Stocks)

38 stocks saw short-covering, meaning a decrease in OI, along with a price increase.



14) High Delivery Trades

Here are the stocks that saw a high share of delivery trades. A high share of delivery reflects investing (as opposed to trading) interest in a stock.



15) Stocks Under F&amp;amp;O Ban

Securities banned under the F&amp;amp;O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.

Stocks added to F&amp;amp;O ban: Nil

Stocks retained in F&amp;amp;O ban: Sammaan Capital

Stocks removed from F&amp;amp;O ban: Nil

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

The fall in India VIX to a new closing low also provided comfort to bulls.

Dalmia Bharat shares rose over 2% after Emkay Global maintained an "Add" rating with a Rs 2,450 target, citing improved cement demand and cost savings. The stock is up 16% in 2025, rebounding 56% from its March low to a September high.

shorts/business/technical-view-bulls-hold-fort-despite-consolidation-26-200-key-for-further-upside-in-nifty-india-vix-at-fresh-closing-low

The Nifty 50 witnessed consolidation after a couple of days of a sharp rally, closing flat with a positive bias and sustaining its uptrend for the third consecutive session on December 23. Despite the consolidation, bulls continued to maintain the upper hand, with the index forming a higher high–higher low structure for the third straight day, while holding well above all key moving averages and inching toward the upper Bollinger Bands. The fall in India VIX to a new closing low also provided comfort to bulls.

Short-term moving averages maintained an upward trend with a positive bias in momentum indicators. The RSI rose to 58.7 and remained above the reference line, while the Stochastic RSI continued its upward journey with a bullish crossover. The MACD also turned bullish on Tuesday, with the histogram moving above the zero line. All these indicators signal a positive trend ahead.

The Nifty 50 opened above 26,200 and corrected sharply to test an intraday low of 26,119, but immediately recouped losses within the initial hour itself. The index remained range-bound for the rest of the session and finished at 26,177, up 5 points, forming a small bearish candle with minor upper and lower shadows on the daily charts.

Technically, this market action indicates the formation of a breather-type pattern after the recent sharp upmove. This action could be an uptrend continuation pattern, said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

According to him, the underlying trend of the Nifty remains positive. “The market is expected to resume its uptrend after one or two sessions of consolidation or range-bound movement. Immediate support is placed at 26,050. The next upside levels to watch are around 26,300–26,400,” he said.

The monthly options data also suggested that 26,200 is expected to act as an immediate resistance, followed by 26,600, with immediate key support at 26,000.

The 27,000 strike holds the maximum Call open interest, followed by the 26,200 and 26,000 strikes, with the maximum Call writing seen at the 26,200, 26,600, and 26,700 strikes. Meanwhile, the maximum Put open interest was observed at the 26,000 strike, followed by the 26,200 and 25,500 strikes, with the maximum Put writing at the 26,200, 25,700, and 25,800 strikes.

Bank Nifty

The Bank Nifty snapped its two-day winning streak and closed a volatile session flat with a negative bias, falling 4.5 points to 59,300 and closing marginally below the midline of the Bollinger Bands (59,320), which is crucial for further upside toward the 59,800–60,000 levels.

The index formed a small bearish candle with slightly long upper and lower shadows, resembling a high-wave type pattern on the daily charts, indicating volatility and indecisiveness after the recent upward journey. The index continued to form higher highs and higher lows for the third straight session, while holding above all key moving averages.

“The zone of 59,500–59,600 will act as a crucial hurdle for the index. Any sustainable move above 59,600 will lead to a sharp upside rally up to 60,000, followed by the 60,500 level in the short term,” said Sudeep Shah, Head – Technical and Derivatives Research at SBI Securities.

On the downside, the zone of 59,100–59,000 will act as important support for the index, he added.

Meanwhile, the India VIX hit a fresh record closing low of 9.38, down 3.07 percent, offering reassurance to the prevailing bullish sentiment. So far this month, the VIX has fallen 19.28 percent.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Technical View: Bulls hold fort despite consolidation; 26,200 key for further upside in Nifty; India VIX at fresh closing low

The Nifty 50 witnessed consolidation after a couple of days of a sharp rally, closing flat with a positive bias and sustaining its uptrend for the third consecutive session on December 23. Despite the consolidation, bulls continued to maintain the upper hand, with the index forming a higher high–higher low structure for the third straight day, while holding well above all key moving averages and inching toward the upper Bollinger Bands. The fall in India VIX to a new closing low also provided comfort to bulls.

Short-term moving averages maintained an upward trend with a positive bias in momentum indicators. The RSI rose to 58.7 and remained above the reference line, while the Stochastic RSI continued its upward journey with a bullish crossover. The MACD also turned bullish on Tuesday, with the histogram moving above the zero line. All these indicators signal a positive trend ahead.

The Nifty 50 opened above 26,200 and corrected sharply to test an intraday low of 26,119, but immediately recouped losses within the initial hour itself. The index remained range-bound for the rest of the session and finished at 26,177, up 5 points, forming a small bearish candle with minor upper and lower shadows on the daily charts.

Technically, this market action indicates the formation of a breather-type pattern after the recent sharp upmove. This action could be an uptrend continuation pattern, said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

According to him, the underlying trend of the Nifty remains positive. “The market is expected to resume its uptrend after one or two sessions of consolidation or range-bound movement. Immediate support is placed at 26,050. The next upside levels to watch are around 26,300–26,400,” he said.

The monthly options data also suggested that 26,200 is expected to act as an immediate resistance, followed by 26,600, with immediate key support at 26,000.

The 27,000 strike holds the maximum Call open interest, followed by the 26,200 and 26,000 strikes, with the maximum Call writing seen at the 26,200, 26,600, and 26,700 strikes. Meanwhile, the maximum Put open interest was observed at the 26,000 strike, followed by the 26,200 and 25,500 strikes, with the maximum Put writing at the 26,200, 25,700, and 25,800 strikes.

Bank Nifty

The Bank Nifty snapped its two-day winning streak and closed a volatile session flat with a negative bias, falling 4.5 points to 59,300 and closing marginally below the midline of the Bollinger Bands (59,320), which is crucial for further upside toward the 59,800–60,000 levels.

The index formed a small bearish candle with slightly long upper and lower shadows, resembling a high-wave type pattern on the daily charts, indicating volatility and indecisiveness after the recent upward journey. The index continued to form higher highs and higher lows for the third straight session, while holding above all key moving averages.

“The zone of 59,500–59,600 will act as a crucial hurdle for the index. Any sustainable move above 59,600 will lead to a sharp upside rally up to 60,000, followed by the 60,500 level in the short term,” said Sudeep Shah, Head – Technical and Derivatives Research at SBI Securities.

On the downside, the zone of 59,100–59,000 will act as important support for the index, he added.

Meanwhile, the India VIX hit a fresh record closing low of 9.38, down 3.07 percent, offering reassurance to the prevailing bullish sentiment. So far this month, the VIX has fallen 19.28 percent.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

The Indian markets failed to build on the opening gains and traded in a rangebound movement throughout the session, breaking two-day gaining streak. At close, the Sensex was down 42.64 points or 0.05 percent at 85,524.84, and the Nifty was up 4.75 points or 0.02 percent at 26,177.15.

The BSE midcap index ended flat, while smallcap index rose 0.4 percent.

Also Read: <a href="https://www.moneycontrol.com/news/business/markets/ambuja-cements-acc-orient-cement-merger-what-it-means-for-shareholders-13738619.html">Ambuja Cements-ACC-Orient Cement merger: What it means for shareholders?</a>

Coal India, Shriram Finance, UltraTech Cement, Tata Motors Passenger Vehicles, Power Grid Corp were among major gainers on the Nifty, while losers were Infosys, Bharti Airtel, Cipla, Tech Mahindra, Axis Bank.

The BSE midcap index ended flat, while smallcap index rose 0.4 percent.

Also Read: <a href="https://www.moneycontrol.com/news/business/earnings/nifty-near-record-highs-but-9-in-10-stocks-are-still-deep-in-the-red-13738654.html">Nifty near record highs, but 9 in 10 stocks are still deep in the red</a>

In stock-specific action, Belrise Industries share price added 5% on 5.83 crore shares block deal, Puravankara shares jumped 6% on acquiring 53-acre land parcel in Bengaluru, Antony Waste Handling Cell shares added 6% on bagging contract worth Rs 329.45 crore, Restaurant Brands Asia shares gained 3% on block deal of 72.2 lakh shares.

GPT Infraprojects share price rose nearly 3% on order win of Rs 670 crore, SRM Contractors share price fell 6% post CEO resignation, Shakti Pumps share price rose 2% on order win worth Rs 356.77 crore, Dev Information Technology shares gained 4% on securing order from Knowledge Consortium of Gujarat.

Also Read - <a href="https://www.moneycontrol.com/news/business/markets/india-s-aif-industry-confronts-its-disclosure-dilemma-13739055.html">India’s AIF industry confronts its disclosure dilemma</a>

Nearly 100 stocks hit 52-week high, including NMDC, Hindustan Copper, Vodafone Idea, City Union Bank, UPL, NALCO, Hindustan Zinc, Eicher Motors, MCX India, Maruti Suzuki, Laurus Labs, M&amp;M Financial, among others. <a href="https://www.moneycontrol.com/stocks/market-stats/52-week-high-bse/?indexName=BSE%2520500&amp;id=12">Click to View More</a>

Outlook for December 24

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

After showing sharp upmove in the last couple of sessions, Nifty cooled off its trend on Tuesday and closed the day on a consolidation mode. After opening on a positive note, the market shifted into a narrow range movement for better part of the session. Minor softness was seen towards the end and Nifty eventually closed on a flat to positive note.

A small red candle was formed on the daily chart with minor upper and lower shadow. Technically, this market action indicates a formation of breather type pattern after a sharp upmove recently. This market action could be an uptrend continuation pattern.

The underlying trend of Nifty remains positive. The market is expected to resume its uptrend after 1 or 2 sessions of consolidation movement or range bound action. Immediate support is placed at 26050. Next upside levels to be watched around 26300-26400 levels.

Ajit Mishra – SVP, Research, Religare Broking

Markets traded in a subdued manner on the weekly expiry day and ended almost unchanged, taking a pause after the recent rebound. Following a steady start, the Nifty oscillated within a tight range with a mild positive bias and eventually settled at 26,177.15. Sectoral participation remained rotational, with metals, FMCG and energy witnessing buying interest, while IT and pharma saw selective pressure. The broader markets moved largely in line with the benchmark and closed flat to marginally positive.

With the holiday-shortened week ahead of the New Year and the absence of major domestic triggers, global cues continue to dictate market direction. This has led to selective positioning rather than aggressive trades, while foreign flows remained mixed.

Going forward, some consolidation in the index is likely after the recent rebound; however, the overall tone is expected to remain positive. We therefore continue to recommend a buy-on-dips approach, with an emphasis on stock selection based on relative strength. A decisive move above the 26,300 level would be required to generate fresh directional momentum, while support remains intact in the 25,950–26,050 zone.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decision.

Taking Stock: Sensex, Nifty end flat in rangebound session; IT top drag

The Indian markets failed to build on the opening gains and traded in a rangebound movement throughout the session, breaking two-day gaining streak. At close, the Sensex was down 42.64 points or 0.05 percent at 85,524.84, and the Nifty was up 4.75 points or 0.02 percent at 26,177.15.

The BSE midcap index ended flat, while smallcap index rose 0.4 percent.

Also Read: Ambuja Cements-ACC-Orient Cement merger: What it means for shareholders?

Coal India, Shriram Finance, UltraTech Cement, Tata Motors Passenger Vehicles, Power Grid Corp were among major gainers on the Nifty, while losers were Infosys, Bharti Airtel, Cipla, Tech Mahindra, Axis Bank.

The BSE midcap index ended flat, while smallcap index rose 0.4 percent.

Also Read: Nifty near record highs, but 9 in 10 stocks are still deep in the red

In stock-specific action, Belrise Industries share price added 5% on 5.83 crore shares block deal, Puravankara shares jumped 6% on acquiring 53-acre land parcel in Bengaluru, Antony Waste Handling Cell shares added 6% on bagging contract worth Rs 329.45 crore, Restaurant Brands Asia shares gained 3% on block deal of 72.2 lakh shares.

GPT Infraprojects share price rose nearly 3% on order win of Rs 670 crore, SRM Contractors share price fell 6% post CEO resignation, Shakti Pumps share price rose 2% on order win worth Rs 356.77 crore, Dev Information Technology shares gained 4% on securing order from Knowledge Consortium of Gujarat.

Also Read - India’s AIF industry confronts its disclosure dilemma

Nearly 100 stocks hit 52-week high, including NMDC, Hindustan Copper, Vodafone Idea, City Union Bank, UPL, NALCO, Hindustan Zinc, Eicher Motors, MCX India, Maruti Suzuki, Laurus Labs, M&amp;amp;M Financial, among others. Click to View More

Outlook for December 24

Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities

After showing sharp upmove in the last couple of sessions, Nifty cooled off its trend on Tuesday and closed the day on a consolidation mode. After opening on a positive note, the market shifted into a narrow range movement for better part of the session. Minor softness was seen towards the end and Nifty eventually closed on a flat to positive note.

A small red candle was formed on the daily chart with minor upper and lower shadow. Technically, this market action indicates a formation of breather type pattern after a sharp upmove recently. This market action could be an uptrend continuation pattern.

The underlying trend of Nifty remains positive. The market is expected to resume its uptrend after 1 or 2 sessions of consolidation movement or range bound action. Immediate support is placed at 26050. Next upside levels to be watched around 26300-26400 levels.

Ajit Mishra – SVP, Research, Religare Broking

Markets traded in a subdued manner on the weekly expiry day and ended almost unchanged, taking a pause after the recent rebound. Following a steady start, the Nifty oscillated within a tight range with a mild positive bias and eventually settled at 26,177.15. Sectoral participation remained rotational, with metals, FMCG and energy witnessing buying interest, while IT and pharma saw selective pressure. The broader markets moved largely in line with the benchmark and closed flat to marginally positive.

With the holiday-shortened week ahead of the New Year and the absence of major domestic triggers, global cues continue to dictate market direction. This has led to selective positioning rather than aggressive trades, while foreign flows remained mixed.

Going forward, some consolidation in the index is likely after the recent rebound; however, the overall tone is expected to remain positive. We therefore continue to recommend a buy-on-dips approach, with an emphasis on stock selection based on relative strength. A decisive move above the 26,300 level would be required to generate fresh directional momentum, while support remains intact in the 25,950–26,050 zone.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decision.

The shares of <a href="https://www.moneycontrol.com/india/stockpricequote/auto-ancillaries-brakes/olaelectricmobility/OEM">Ola Electric Mobility</a> jumped more than 4 percent on December 23 after the company announced that it has used proceeds from CEO Bhavish Aggarwal's stake sale to repay loan. Additionally, it also announced the launch of Hyperservice Centres designed to offer same-day service guarantee.

The shares of the EV bike-maker rose to Rs 36.10 apiece, extending gains for the third consecutive session. This comes after the stock fell 26 percent in less than a month.
<h3>Ola Electric becomes promoter pledge-free:</h3>
Ola Electric Mobility on December 18 announced that its promoter and CEO Bhavish Aggarwal has completed the sale of a small portion of his personal shareholding to fully repay promoter-level loan of approximately Rs 260 crore.

In an exchange filing released in post-market hours of December 22, Ola Electric said that after the completion of the one-time monetization of a portion of Aggarwal’s shareholding, it confirms that "the proceeds from the sale have been utilized for repayment of debt, interest and charges thereon and the remainder will be used for payment of applicable taxes pertaining to the aforesaid transactions in due course".

"Following the repayment of the debt, all promoter-level share pledges aggregating to approximately 3.93% of the Company’s total equity have been fully released. The promoter group continues to hold 34.6% in Ola Electric," the company said.

It added that it remains focused on building a globally competitive, India-first electric mobility and clean energy company.
<h3>Ola Electric expands Hyperservice:</h3>
Ola Electric on December 23 announced the launch of dedicated Hyperservice Centres, designed to offer same-day service guarantee to eligible customers at no additional cost. As part of this expansion, the company said that it will progressively upgrade its existing service centres into Hyperservice Centres, starting with Bengaluru.

The first Hyperservice Centre has already been operational in Indiranagar, Bengaluru.

Ola Electric said that the Hyperservice Centre is designed to fundamentally simplify and speed up the service experience. Customers will be able to get their vehicles serviced within the same day, without paying anything extra, while experiencing a fully digital and transparent service journey end-to-end.

"As part of the ongoing service upgrade we are reimagining many of the fundamental aspects of the service experience. We see it as a core part of Ola ownership, and it needs the same level of innovation as the product itself. With Hyperservice Centres, we are setting a new benchmark – same-day service guarantee. At no extra cost for any customer. This is about using technology, process redesign and scale to remove friction and give every Ola customer a faster, simpler and more transparent service experience," said a spokesperson for Ola Electric.

The company aims to rapidly upgrade its select service centres to Hyperservice Centres pan-India over the coming weeks, upgrading service infrastructure nationwide after the Bengaluru launch. "The expansion reinforces Ola's focus on building a world-class EV ownership experience by combining technology, scale and customer-first design to raise industry standards for speed and reliability," it added.
<h3>Ola Electric share price:</h3>
Ola Electric shares had fallen more than 17 percent in just three sessions as founder and promoter Bhavish Aggarwal consistently sold part of his stake. As a result, the stock dropped sharply to hit an all-time low of Rs 30.76 per share on December 18. It lost more than 80 percent from record high of Rs 157.4 on August 20 last year.

The stock has now rebounded since then.

Follow all <a href="https://www.moneycontrol.com/news/business/markets/stock-market-live-updates-gift-nifty-indicates-a-firm-opening-us-asian-markets-gain-liveblog-13738255.html">LIVE updates</a> from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Ola Electric shares jump 4% as all promoter pledges released, firm launches Hyperservice Centres

The shares of Ola Electric Mobility jumped more than 4 percent on December 23 after the company announced that it has used proceeds from CEO Bhavish Aggarwal's stake sale to repay loan. Additionally, it also announced the launch of Hyperservice Centres designed to offer same-day service guarantee.

The shares of the EV bike-maker rose to Rs 36.10 apiece, extending gains for the third consecutive session. This comes after the stock fell 26 percent in less than a month.
Ola Electric becomes promoter pledge-free:
Ola Electric Mobility on December 18 announced that its promoter and CEO Bhavish Aggarwal has completed the sale of a small portion of his personal shareholding to fully repay promoter-level loan of approximately Rs 260 crore.

In an exchange filing released in post-market hours of December 22, Ola Electric said that after the completion of the one-time monetization of a portion of Aggarwal’s shareholding, it confirms that &quot;the proceeds from the sale have been utilized for repayment of debt, interest and charges thereon and the remainder will be used for payment of applicable taxes pertaining to the aforesaid transactions in due course&quot;.

&quot;Following the repayment of the debt, all promoter-level share pledges aggregating to approximately 3.93% of the Company’s total equity have been fully released. The promoter group continues to hold 34.6% in Ola Electric,&quot; the company said.

It added that it remains focused on building a globally competitive, India-first electric mobility and clean energy company.
Ola Electric expands Hyperservice:
Ola Electric on December 23 announced the launch of dedicated Hyperservice Centres, designed to offer same-day service guarantee to eligible customers at no additional cost. As part of this expansion, the company said that it will progressively upgrade its existing service centres into Hyperservice Centres, starting with Bengaluru.

The first Hyperservice Centre has already been operational in Indiranagar, Bengaluru.

Ola Electric said that the Hyperservice Centre is designed to fundamentally simplify and speed up the service experience. Customers will be able to get their vehicles serviced within the same day, without paying anything extra, while experiencing a fully digital and transparent service journey end-to-end.

&quot;As part of the ongoing service upgrade we are reimagining many of the fundamental aspects of the service experience. We see it as a core part of Ola ownership, and it needs the same level of innovation as the product itself. With Hyperservice Centres, we are setting a new benchmark – same-day service guarantee. At no extra cost for any customer. This is about using technology, process redesign and scale to remove friction and give every Ola customer a faster, simpler and more transparent service experience,&quot; said a spokesperson for Ola Electric.

The company aims to rapidly upgrade its select service centres to Hyperservice Centres pan-India over the coming weeks, upgrading service infrastructure nationwide after the Bengaluru launch. &quot;The expansion reinforces Ola's focus on building a world-class EV ownership experience by combining technology, scale and customer-first design to raise industry standards for speed and reliability,&quot; it added.
Ola Electric share price:
Ola Electric shares had fallen more than 17 percent in just three sessions as founder and promoter Bhavish Aggarwal consistently sold part of his stake. As a result, the stock dropped sharply to hit an all-time low of Rs 30.76 per share on December 18. It lost more than 80 percent from record high of Rs 157.4 on August 20 last year.

The stock has now rebounded since then.

Follow all LIVE updates from the stock markets here.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

2 out of 4 years NIFTY MID SELECT has given positive returns in December.

Type	R1	R2	R3	PP	S1	S2	S3
Classic	13,990.47	14,034.58	14,083.37	13,941.68	13,897.57	13,848.78	13,804.67
Fibonacci	13,977.17	13,999.10	14,034.58	13,941.68	13,906.20	13,884.27	13,848.78
Camarilla	13,954.87	13,963.38	13,971.90	13,941.68	13,937.83	13,929.32	13,920.80

INDEX CONTRIBUTION - NIFTY MID SELECT

Net Contribution

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