TOP SECTORS:

Bullish Sector: PHARMA, AUTO, PSUBANKS

Bearish Sector: REALTY, MEDIA

STOCKS TO WATCH:

BULLISH STOCKS (Long Build-up+ Short Covering): CUMMINS, LARSEN, GLENMARK, M&M, TATA CONSUMER, HDFC BANK, GLENMARK, HUDCO, UPL, INDIGO, BELRISE.

BEARISH STOCKS (Long Unwinding + Short Buildup): ADANI ENTERPRISES, COAL INDIA, HAL, MAZGAON DOCK.

Our chart of the day is bullish on CUMMINS INDIA, HDFC BANK and GLENMARK on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy M&M (M&M: CMP 3757): Buy at CMP. Stop at 3611. Targets 3787/3813. Aggressive targets at 3977. (Interweek Strategy). Rationale: Momentum Play. Signalling a massive breakout on the upside. Key interweek support 3641. Major hurdles only at 3787 mark. Momentum buying is likely only above 3787 mark. 200-DMA at 3179.

Happy Trading Day ahead

Disclaimer: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


🇮🇳 India : S&P Global Manufacturing PMI (Nov), Cumulative Industrial Production (Oct), Industrial Production (YoY) (Oct), Manufacturing Output (MoM) (Oct)

🇭🇰 Hong Kong: Retail Sales (YoY) (Oct)

🇩🇪 Germany : HCOB Germany Manufacturing PMI (Nov)

🇪🇺 Euro : HCOB Eurozone Manufacturing PMI (Nov)

🇬🇧 Great Britain : BoE Consumer Credit (Oct), M3 Money Supply (Oct), M4 Money Supply (MoM) (Oct), S&P Global Manufacturing PMI (Nov), Mortgage Approvals (Oct), Mortgage Lending (Oct), Net Lending to Individuals (Oct)

🇺🇸 USA : Chicago PMI (Dec), S&P Global Manufacturing PMI (Nov), Construction Spending (MoM) (Sep), ISM Manufacturing Employment (Nov), ISM Manufacturing New Orders Index (Nov), ISM Manufacturing PMI (Nov), ISM Manufacturing Prices (Nov), BoE MPC Member Dhingra Speaks, 3-Month Bill Auction, 6-Month Bill Auction, Atlanta Fed GDPNow (Q4)


GIFT Nifty 🇮🇳: (+133, 26521)

New record highs for benchmark Nifty shall be the new normal on reports that India’s Q2 FY26 GDP surged 8.2%, powered by strong consumption and sectoral momentum.

The big question: Will the FPI come back strongly?

In Friday’s trade, FIIs turned out to be net sellers to the tune of Rupees 3796 Crores

All eyes now shift to whether foreign investors flip from persistent selling to sustained buying—fuelled by expectations of further rate cuts, earnings upgrades, and India’s rising weight in global indices.

Meanwhile, a key geopolitical highlight: Russian President Vladimir Putin will visit India on December 4–5 for the 23rd Annual Summit—aimed at strengthening the “Special & Privileged Strategic Partnership.”

Technically speaking, Nifty is still above its 21 DMA (25886), 50 DMA (25554) and its 100 DMA (25223). Nifty’s 200 DMA at 24578 mark.

Auto names remain in focus after the Nifty Auto Index hit fresh record highs last week.

Investors now await November wholesale numbers, where the Street expects double-digit growth across segments—from two-wheelers to passenger vehicles—boosted by improving demand and post-GST pricing reset.

Now, here is the preferred trade on Nifty and Bank Nifty:

Nifty (26203): Buy at CMP. Stop 25771. Targets 26310/26421. Aggressive targets at 26700-27000 zone.

Bank Nifty (59753): Buy at CMP. Stop at 58371. Targets 59900/60300. Aggressive targets at 60700-61000 zone.

Our chart of the day is bullish on CUMMINS INDIA, HDFC BANK and GLENMARK on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy M&M (M&M: CMP 3757): Buy at CMP. Stop at 3611. Targets 3787/3813. Aggressive targets at 3977. (Interweek Strategy). Rationale: Momentum Play. Signalling a massive breakout on the upside. Key interweek support 3641. Major hurdles only at 3787 mark. Momentum buying is likely only above 3787 mark. 200-DMA at 3179.

Disclaimer/ Disclosure: The investments & trading ideas recomended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only by after consulting with registered market intermediaries.


MARKET TRENDS:

Global cues: Positive
FII: (-3795.70 crores)
DII: (+4148.50 crores)
Sentiment: Bullish
Market Breadth: Positive
Technicals: Breakout Play.
F&O: 25500 – 26700 zone.

INDIA VIX 11.62 (-1.42%)
USD/INR Futures (December) (89.59)
NIFTY PCR (30th December) 1.21
Bank Nifty PCR (30th December) 1.19

Nifty Outlook: New records highs for benchmark Nifty shall be the new normal on reports that India’s Q2 FY26 GDP surged 8.2%, powered by strong consumption and sectoral momentum.

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 26203):
SUPPORT: 26113/25900
RESISTANCE: 26351/26750
RANGE: 26100-26400
BIAS: Positive
21 DMA: 25886
50 DMA: 25554
200 DMA: 24578

SENSEX (CMP 85707)
SUPPORT: 85400/84500
RESISTANCE: 86100/86900
RANGE: 85400-86400
BIAS: Positive
21 DMA: 84544
50 DMA: 83413
200 DMA: 80626

BANK NIFTY (CMP 59753)
SUPPORT: 59300/58650
RESISTANCE: 60100/60900
RANGE: 59300-60300
BIAS: Positive
21 DMA: 58590
50 DMA: 57303
200 DMA: 54737

Nifty: # Nifty: Nifty opened strong footing in Friday’s trade, powered by momentum buying, before mild profit-taking capped the rally mid-session.

The index, closed slightly a tad below the flat line — still a bullish constructive sign.

Key Positive: Nifty flirted with its fresh record high at 26,310.45, holding firmly above the 26,000 milestone — keeping the bullish undertone alive.

The Good News is that Nifty is well above its 21 DMA (25886), 50 DMA (25554) and its 100 DMA (25223). Nifty’s 200 DMA at 24578 mark.

Nifty’s hurdles seen 26311 mark.

The technical landscape suggests Nifty’s major support at 26113/25900 mark.

Nifty’s chart of the day suggests the structure remains bullish, with Nifty likely to trade with a positive bias. As long as the index holds above the 26,000–26,113 support corridor, dips may continue to attract buyers.

Bank Nifty: Bank Nifty (+0.03%) too marched higher from strength to strength as momentum buying was the preferred theme all thru the trading session. Bank Nifty ended in green with new all-time-high at 59897.50 mark.

Bank Nifty was seen outperforming Nifty’s consolidative action, ending 0.03% higher as against Nifty’s 0.05% loss.

Interestingly, Nifty PSU Banks ended 0.14% higher while Nifty Private Bank Index ended with 0.01% lower.

Intraday support for Bank Nifty now seen at 59300/58650/57158 mark on closing basis.

In today’s trade and in near term, Bank Nifty is likely to face resistance at 60100 mark. Bank Nifty’s 200-DMA is placed at 54737 mark. Bias on Bank Nifty continues to be Positive.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


Gift Nifty signals a steady start as cautious optimism greets Dalal Street on the first trading day of December 2025.

Meanwhile, Nifty breaking into fresh record highs in last week’s trade officially marks the end of a 14-month consolidation phase — and sets the stage for what could be the next leg of the rally.

But for today, the mantra is simple: discipline over excitement.

1) Buy selectively on dips
2) Avoid chasing strength blindly
3) Manage leverage with caution — not emotion

Long Story Short: Momentum is bullish. The trend is strong. But in bull markets, it’s smart positioning — not excitement — that creates wealth.

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (+120, 26507)
Dow Futures: (-143, 47573)
Nasdaq 100 Futures (-169, 25266)

Nikkei (-749, 49507)
Hang Seng (+87, 25946)

Dow Jones (+289, 47716)
Nasdaq Composite (+151, 23366)
Bovespa (+712, 159072).

WHAT HAPPENED AT WALL STREET IN FRIDAY’s TRADE:

Wall Street finished November on a strong footing, with Friday’s shortened post-Thanksgiving session closing higher — S&P 500 +0.5%, Nasdaq +0.8%, and Dow +0.6%.

Risk appetite was clearly back, as investors now price in an 80–85% probability of a Fed rate cut in the coming weeks.

Gold prices ($4231 per ounce) jumped higher towards its 1-month high as investors continued to bet on a Federal Reserve rate cut next month.

Additionally, Kevin Hassett, viewed as a leading contender to replace Jerome Powell, has also signalled support for lower rates,

Markets are currently pricing in an 83% probability of a 25 bps cut at the Fed’s final policy meeting of the year.

Meanwhile, gold scaled higher for its fourth straight monthly gain — up nearly 60% this year and pacing toward its strongest annual performance since 1979.

WTI crude oil futures ($59.50) are trading with negative bias and have fallen to 1-month low, as OPEC revised its outlook to show a supply surplus in the third quarter + growing optimism over a potential Ukrainian peace agreement which could ease restrictions on Russian oil, added to the downward pressure.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


Good Morning Early, Readers!!

Wall Street finished November on a strong footing, with Friday’s shortened post-Thanksgiving session closing higher — S&P 500 +0.5%, Nasdaq +0.8%, and Dow +0.6%.

Risk appetite was clearly back, as investors now price in an 80–85% probability of a Fed rate cut in the coming weeks.

6:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (+129, 26516)
Dow Futures: (-100, 47615)
Nasdaq 100 Futures (-107, 25328)

Nikkei (-499, 49756)
Hang Seng (Closed, 25859)

Dow Jones (+289, 47716)
Nasdaq Composite (+151, 23366)
Bovespa (+712, 159072).

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantees performance of the intermediary or provides any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

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