The Nifty 50 erased the gains of the past two sessions and fell nearly 1 percent on December 8, closing below the key 26,000 mark. If it stays under this level—which aligns with the 20-day DMA and the Bollinger
midline—the index could fall to 25,892 (Monday’s low) and then 25,840 (November 26 low). A firm breakdown may strengthen the bears, while 26,100–26,200 remains the main resistance zone.
