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  1. Trade setup for Dec 26: Will NIFTY50 close at record high on Friday?

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Trade setup for Dec 26: Will NIFTY50 close at record high on Friday?

Upstox

2 min read | Updated on December 26, 2025, 06:03 IST

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SUMMARY

The options data for the current weekly expiry indicates a narrow range of 26,000 to 26,200. The technical charts indicates consolidation after a sharp rally from lower levels. Experts believe, 26,000 could remain crucial support for remaining trading sessions of 2025.

The broader market was trading in green in the early trade, with both the Nifty Midcap 100 and the Nifty Smallcap 100 rising 0.25% and 0.33%, respectively. Image: Shutterstock

NIFTY50 is up over 10% in 2025, outperforming broader indices. Image: Shutterstock.

NIFTY50

Max call OI:26,200

Max put OI:26,000

(Ten strikes to ATM, 30 Dec expiry)

In a holiday-shortened week, Indian markets have bounced back sharply from lower levels to hold the gains above 26,000 for the third consecutive session. The global market cues remain buoyant, with the US tech stocks leading the rally across the globe.

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Nifty50_2025-12-26_05-42-27.png On the technical charts, the NIFTY50 posted an inverted hammer candlestick pattern, indicating a continued non-directional stance for the index. On the upside, the 26,277 remains a crucial resistance level for NIFTY50, while the 20 SMA level of 26,016 remains the crucial support for the index.
dec26.png

On the options data front, the 26,000 puts hold the highest open interest, indicating a strong support for the current expiry. Similarly, 26,200 calls witnessed heavy open interest addition, indicating a strong resistance at these levels for the coming monthly expiry.

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Long buildup: - Trent

Short buildup: - Sun Pharma

Top traded futures contracts: HDFC Bank

Top traded options contracts: HDFC Bank 1000 CE

F&O securities under ban:

F&O securities out of the ban:

To access a specially curated smartlist of the most traded and active stocks, as well as the OI gainers and losers, simply log in: https://pro.upstox.com/ ➡️F&O➡️Options smartlist/Futures smartlist In Futures and Options or F&O, long build-up means an increase in Open Interest (OI) along with a price increase, and short build-up means an increase in Open Interest(OI) along with a price decrease—source: Upstox and NSE.

Disclaimer: Derivatives trading must be done only by traders who fully understand the risks associated with them and strictly apply risk mechanisms like stop losses. The information is only for consumption by the client, and such material should not be redistributed. We do not recommend any particular stock, securities or strategies for trading. The securities quoted are exemplary and are not recommended. The stock names mentioned in this article are purely for showing how to do analysis

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About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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