NIFTY 1H – Elliott Wave View | Support Held - 4-DEC-2025

NIFTY respected the support zone around 25,855 – 25,900 and reacted strongly, confirming a potential wave (ii) low. As long as this support holds, the bullish structure remains intact.

Key Levels

🟩 Support Zone: 25,855 – 25,900
🔻 Major Support: 25,713
📌 Above 25,713, bullish momentum continues

Upside Targets

🎯 26,377
🎯 26,755 (Major resistance + projected Wave (iii) completion)

Technical Notes

• RSI showing bullish divergence + trendline breakout attempt

• Price bouncing from channel support & Fib zone

• Wave (iii) upside structure remains valid above support

Trade Bias

📌 Buy on dips near 25,855–25,900
📌 Holding above 25,713 keeps bullish trend intact
📌 Break above 26,377 may accelerate momentum towards 26,755

View

Expect upward move towards 26,377 / 26,755 if support holds

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Disclaimer

Educational Elliott Wave study. Not financial advice. Trade with risk management.

https://in.tradingview.com/chart/NIFTY/TLLipPRm-NIFTY-1H-Elliott-Wave-View-Support-Held-4-DEC-2025/