Nifty Short & Medium Term Support&Resistance_22-Dec to 26-Dec-25Nifty 50 IndexNSE:NIFTYkarthikssNifty Short & Medium Term Support&Resistance_22-Dec to 26-Dec-25 Nifty 259666 (Last week 26046) Long call ( Buy) was given on 12-Oct-25 at 24896, Nifty have crossed near to 1100 points. Market is in sideways and rangebound movement from Oct 2025. Market Touched low of 25688 two weeks ( near to support Jun 2025 High and 0.618 Fibonacci Resistance) and bounced back and ended at 26046. Again last week it touched 25724. It was a buying opportunity. 8.2% GDP growth of Q2 was released and may created a positive sign in the market despite trade deals issues. Q3 results expected to be mixed results. However overall, Q3 results, Feb Ist Budget for any reforms and Tariffs deal will decide the future path for the Nifty. Combination of Q3 results and Feb Budget reform ( Guidance) it will be a stock specific buying opportunity, Since it is a Volatile situation SIP route or buy in multiple parcel route (On Dips) with a goal of 3-5 years will workout. Diversify the portfolio with Debt and liquid fund ( approx 20-30% portfolio) and 10-15% in Gold for Year 2026, this funds ( especially liquid funds will create funds availability for further buying opportunity incase of market dips like a Systematic transfer plan. Some of the stocks to watchout given last week are HDFC AMC, NMDC, Apar, Sharda Crop, VRL Logistics, krishna Phos chem, Cipla, Dr Reddy, Natco pharma, Apl Apollo Tubes, Muthoot Finance ( On Dips) , tata Steel ( Contra Stock due to Business Cycle), Bank of Mah, BPCL, CG Power, hero motor, shriram finance and NRB bearings. Shared for Analysis purpose only. Dr Reddy, shriram fin, natco pharma, Hero moto corp,Muthoot Finance have already given more than 10% return in this 1 month. Waaree Energies had an IT raid in its premises in Mid of Nov 2025. Outcome will take the stock forward. New Stocks ( For Dec 22-26-Dec 2025) can be watched and considered are HPCL, BPCL, IOCL, Carysil, MAS Financial Services and BSE ( For Long term as when market pickup. Current Short Term Resistance 26321 ( all time high). It need to break the resistance 26321 decisively to move up to 27000 target in med-long term. As RSI is below 60% (52%) and MACD didnt cross the signal line, caution to be emphasized, though the strategy continued to buy for long. Nifty Short Term Supports (Multiple Supports are there between 25000-25500): 25850 (Trend line shown) 25670 (Jun 2025 High) 25360-25420 ( Sep high and trendline support as shown in chart) 25300-25350 (Two Fibonacci resistance shown ) - Major Support Hence 25300- 25420 acts as major short term support. 25500 ( 25441 Sep 18th 2025 High ) 25450 ( 25442 is the Aug 2025 high) 25200 ( 25154 Aug 2025 high) 25000 ( Milestone) Short Term Resistance 1.26321 ( All time High) 2. 26500 Medium Term Support: 1.24700 (Trend Line as shown) 2. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown) 3. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown) 2. 23000 Medium Term Resistance: 1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034 Long term resistance: 1.28000 ( Need to decisively break and move up 27000)This resistance is based on Fibonacci resistance at 28106 Long Term Support 1.22700-23000 ( Trend line and Mar 2024 High) 2.Big support at 20000 (Sep 2023 high)