Nifty Intraday Analysis Today (16 December 2025): Support, Resistance & Option Chain View

Market Overview

Nifty started the session on a weak note, slipping early and finding support near the 25,880 zone. Post the initial dip, the index has largely moved sideways near the day’s low, reflecting limited buying interest. Recovery attempts continue to face selling pressure around the 26,000 mark, which remains a key intraday hurdle.

Futures Positioning

In the derivatives segment, Nifty futures open interest stands at 2.44 lakh contracts, up 1.42%, indicating fresh positions being built rather than aggressive unwinding. This suggests traders remain cautious as the index struggles to reclaim higher levels.

Option Chain Setup

The option chain reflects a defensive-to-range-bound setup. Heavy call writing at the 26,000 strike continues to cap upside, while fresh put writing around 25,800 provides near-term support. The PCR at 0.77 and implied volatility near 10.7% indicate a controlled, low-volatility environment.

Key Levels to Watch

Support: 25,835
Resistance: 26,000

A sustained break below support could open the door for a move towards 25,800, while the resistance zone continues to limit upside attempts.

Intraday Outlook

Nifty is currently hovering close to the day’s low near 25,880. As long as the index trades below 26,000, the bias remains range-bound to mildly weak. A decisive breakdown below 25,880 could invite further selling pressure, while only a sustained move above the resistance band would improve intraday sentiment.