The Nifty 50 index may remain cautious in the Wednesday session after facing selling pressure near its 20-day moving average, according to analysts. The benchmark 50-stock index is drifting toward the 25,750–25,800 zone, which may act as an immediate support as it aligns with the 50-day moving average and recent price action, according to analysts at Share.Market. The Nifty Bank index ended the session at 59,034.60, down 0.72%, slipping toward the lower end of the day’s range.
Trade Setup For Dec. 17: Nifty Support Seen At 25,750 After Slipping For Three Sessions