Category Archives: Market Trends

MARKET TRENDS:

Global cues: Neutral
FII: (-1944.20 crores)
DII: (+3661.10 crores)
Sentiment: Risky
Market Breadth: Negative
Technicals: Overbought conditions
F&O: 25500 – 26500 zone.

INDIA VIX 10.82 (-3.52%)
USD/INR Futures (December) (90.04)
NIFTY PCR (30th December) 1.11
Bank Nifty PCR (30th December) 0.91

Nifty Outlook: Strong domestic liquidity and supportive global cues are still propping up the bull case.

But the rally’s staying power now hinges on two swing variables — the weakening INR and the cautious stance of FIIs.

For the moment, the bears appear to have the marginal advantage.

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 26034):
SUPPORT: 25703/25317
RESISTANCE: 26203/26327
RANGE: 25800-26150
BIAS: Negative
21 DMA: 25946
50 DMA: 25612
200 DMA: 24631

SENSEX (CMP 85265)
SUPPORT: 84100/82671
RESISTANCE: 85770/86160
RANGE: 84500-85500
BIAS: Negative
21 DMA: 84800
50 DMA: 83626
200 DMA: 80784

BANK NIFTY (CMP 59289)
SUPPORT: 58700/57157
RESISTANCE: 60100/60900
RANGE: 58700-59700
BIAS: Negative
21 DMA: 58869
50 DMA: 57615
200 DMA: 54925

Nifty: Nifty opened on a cautious note in Thursday’s trade, but the positive takeaway was that bulls regrouped at lower levels and bullish consolidation was the order of the day.

The index, closed above the flat line, and most importantly, above the psychological 26000 mark — indicating bulls aiming to take over the control.

Nifty is still above its 21 DMA (25945), 50 DMA (25612) and its 100 DMA (25247). Nifty’s 200 DMA at 24631 mark.

Nifty’s hurdles seen 26327 mark.

The technical landscape suggests Nifty’s major support at 25871/25703 mark.

Nifty’s chart of the day suggests the structure still tilts towards bears amidst overbought technical conditions. The make-or-break support at 25703.

Bank Nifty: Bank Nifty (-0.10%) inched lower after a volatile trade as the losing streak continued for 2nd straight day.

Bank Nifty’s all-time-high continue to be at 60,114.05 mark.

Nifty Private Bank Index (-0.01%) witnessed uninspiring session and so did Nifty PSU Banks index which was marginally 0.04% higher.

The shares of PSU banks remained sluggish after government clarified that it has no plans to raise foreign direct investment (FDI) limit in these lenders from 20 percent to 49 percent.

Intraday support for Bank Nifty now seen at 58900/58300/57157 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 54925 mark. Bias on Bank Nifty continues to be neutral.

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.

MARKET TRENDS:

Global cues: Positive
FII: (-3206.92 crores)
DII: (+4730.41 crores)
Sentiment: Neutral
Market Breadth: Neutral
Technicals: Consolidation zone
F&O: 25500 – 26500 zone.

INDIA VIX 11.21 (-0.13%)
USD/INR Futures (December) (90.34)
NIFTY PCR (30th December) 1.11
Bank Nifty PCR (30th December) 0.97

Nifty Outlook: Domestic liquidity and supportive global cues continue to anchor the bull case.

But the durability of this rally now hinges on two key swing factors — a weakening INR and the increasingly cautious stance of FIIs.

For now, the bears appear to have the marginal advantage.

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 25986):
SUPPORT: 25703/25317
RESISTANCE: 26157/26327
RANGE: 25800-26100
BIAS: Negative
21 DMA: 25925
50 DMA: 25596
200 DMA: 24617

SENSEX (CMP 85107)
SUPPORT: 84000/82671
RESISTANCE: 85650/86160
RANGE: 84400-85400
BIAS: Neutral
21 DMA: 84714
50 DMA: 83564
200 DMA: 80739

BANK NIFTY (CMP 59348)
SUPPORT: 58900/57157
RESISTANCE: 60100/60900
RANGE: 58700-59700
BIAS: Neutral
21 DMA: 58799
50 DMA: 57535
200 DMA: 54876

Nifty: Nifty opened on a cautious note in Wednesday’s trade, and the negative takeaway was that the selling continued thru-out the trading session as the benchmark ended on a negative note.

The index, closed well below the flat line, and most imporatnly, below the psychological 26000 mark — indicating bears aiming to take over the control.

Nifty is still above its 21 DMA (25925), 50 DMA (25596) and its 100 DMA (25240). Nifty’s 200 DMA at 24617 mark.

Nifty’s hurdles seen 26327 mark.

The technical landscape suggests Nifty’s major support at 25871/25703 mark.

Nifty’s chart of the day suggests the structure tilts towards bears amidst overbought technical conditions. The make-or-break support at 25703.

Bank Nifty: Bank Nifty (+0.13%) inched higher after a volatile trade and snapped its 2-day losing streak.

Bank Nifty’s all-time-high continue to be at 60,114.05 mark.

So, the positive takeaway from yesterday’s trade was that Bank Nifty rebounded from lower levels as the expectations remain elevated for a strong year-end finish for Nifty.

Nifty Private Bank Index (+0.59%) witnessed massive rebound from lower levels as HDFC Bank (+1.08%) and ICICI Bank (+1.38%) led from the front amidst value buying.

Bank Nifty was seen outperforming Nifty’s bearish action, ending 0.13% higher as against Nifty’s 0.46% loss.

Interestingly, Nifty PSU Banks index was down nearly 3.05% to 8,255

The shares of PSU banks dropped after government clarified that it has no plans to raise foreign direct investment (FDI) limit in these lenders from 20 percent to 49 percent.

SBI (-1.71%), Indian Bank (-5.52%), PNB (-431%), other PSU bank stocks after FinMin clarifies no proposal to hike FDI limit. This falls comes after the stocks recorded sharp gains following earlier reports.

Intraday support for Bank Nifty now seen at 58900/58300/57157 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 54876 mark. Bias on Bank Nifty continues to be neutral.

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.

MARKET TRENDS:

Global cues: Positive
FII: (-3642.30 crores)
DII: (+4645.90 crores)
Sentiment: Risky
Market Breadth: Neutral
Technicals: Overbought conditions
F&O: 25500 – 26700 zone.

INDIA VIX 11.23 (-3.42%)
USD/INR Futures (December) (90.10)
NIFTY PCR (30th December) 1.16
Bank Nifty PCR (30th December) 0.99

Nifty Outlook: Domestic liquidity and upbeat sentiment continue to anchor the bull case.

However, whether this rally extends or pauses will largely depend on two variables: global risk appetite and FII behaviour. Their stance will determine if momentum strengthens — or slips into consolidation.

Leadership shakeup at Bank Nifty could also dent sentiments!

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 26032):
SUPPORT: 25951/25703
RESISTANCE: 26327/26550
RANGE: 25900-26200
BIAS: Neutral
21 DMA: 25915
50 DMA: 25583
200 DMA: 24603

SENSEX (CMP 85138)
SUPPORT: 84750/84000
RESISTANCE: 86160/86900
RANGE: 84600-85600
BIAS: Neutral
21 DMA: 84660
50 DMA: 83515
200 DMA: 80700

BANK NIFTY (CMP 59274)
SUPPORT: 58900/57157
RESISTANCE: 60100/60900
RANGE: 58700-59700
BIAS: Neutral
21 DMA: 58740
50 DMA: 57457
200 DMA: 54829

Nifty: Nifty opened on a cautious note in Tuesday’s trade, and the negative takeaway was that the selling continued thru-out the trading session as the benchmark ended on a negative note.

The index, closed well below the flat line — indicating bears aiming to take over the control.

Immediate psychological 26000 will be eyed.

Nifty is still above its 21 DMA (25916), 50 DMA (25583) and its 100 DMA (25235). Nifty’s 200 DMA at 24604 mark.

Nifty’s hurdles seen 26350 mark.

The technical landscape suggests Nifty’s major support at 25951/25703 mark.

Nifty’s chart of the day suggests the structure remains bullish, but overbought technical conditions prevail indicate a pause. The make-or-break support at 25951.

Bank Nifty: Bank Nifty (-0.68%) to fell for the 2nd straight day and moist importantly, mirrored Nifty’s weakness.

Bank Nifty’s all-time-high continue to be at 60,114.30 mark.

Bank Nifty was seen mirroring Nifty’s consolidative action, ending 0.12% lower as against Nifty’s 0.10% loss.

Interestingly, Nifty PSU Banks ended 0.24% lower while Nifty Private Bank Index ended with 0.69% lower.

Intraday support for Bank Nifty now seen at 58900/58300/57157 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 54829 mark. Bias on Bank Nifty shifts to neutral.

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.

MARKET TRENDS:

Global cues: Negative
FII: (-1171.30 crores)
DII: (+2558.90 crores)
Sentiment: Risky
Market Breadth: Neutral
Technicals: Overbought conditions
F&O: 25500 – 26700 zone.

INDIA VIX 11.62 (+0.07%)
USD/INR Futures (December) (89.67)
NIFTY PCR (30th December) 1.18
Bank Nifty PCR (30th December) 1.10

Nifty Outlook: Domestic flows and sentiment are powering the rally, global risk appetite and FII stance will likely determine whether the party extends — or fades into consolidation.

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 26176):
SUPPORT: 25951/25703
RESISTANCE: 26327/26550
RANGE: 26000-26300
BIAS: Neutral
21 DMA: 25900
50 DMA: 25570
200 DMA: 24591

SENSEX (CMP 85642)
SUPPORT: 85100/84500
RESISTANCE: 86160/86900
RANGE: 85000-86000
BIAS: Neutral
21 DMA: 84603
50 DMA: 83472
200 DMA: 80664

BANK NIFTY (CMP 59681)
SUPPORT: 59200/58300
RESISTANCE: 60100/60900
RANGE: 59000-60000
BIAS: Neutral
21 DMA: 58668
50 DMA: 57386
200 DMA: 54784

Nifty: Nifty opened strong footing in Monday’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 but overbought technical conditions prevail.

Key Positive: Nifty scaled a fresh record high at 26,325.80, holding firmly above the 26,000 milestone — keeping the bullish undertone alive.

The Good News is that Nifty is still above its 21 DMA (25900), 50 DMA (25571) and its 100 DMA (25230). Nifty’s 200 DMA at 24591 mark.

Nifty’s hurdles seen 26350 mark.

The technical landscape suggests Nifty’s major support at 25951/25703 mark.

Nifty’s chart of the day suggests the structure remains bullish, but overbought technical conditions prevail indicate a pause. The make-or-break support at 25951.

Bank Nifty: Bank Nifty (-0.12%) snapped its 3-day losing streak after racing above the 60000 milestone and scaling a new record high.

Bank Nifty’s all-time-high continue to be at 60,114.30 mark.

Bank Nifty was seen mirroring Nifty’s consolidative action, ending 0.12% lower as against Nifty’s 0.10% loss.

Interestingly, Nifty PSU Banks ended 0.25% higher while Nifty Private Bank Index ended with 0.11% lower.

Intraday support for Bank Nifty now seen at 59200/58300/57158 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 54784 mark. Bias on Bank Nifty shifts to neutral.

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.

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.

MARKET TRENDS:

Global cues: Positive
FII: (-1255.20 crores)
DII: (+3940.90 crores)
Sentiment: Bullish
Market Breadth: Positive
Technicals: Breakout Play.
F&O: 25500 – 26700 zone.

INDIA VIX 11.78 (-1.52%)
USD/INR Futures (December) (89.48)
NIFTY PCR (30th December) 1.23
Bank Nifty PCR (30th December) 1.17

Nifty Outlook: Bullish consolidation is quite likely as all eyes will be on India’s Friday’s GDP Growth Estimates for quarter ended September 30th, 2025

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 26216):
SUPPORT: 26113/25900
RESISTANCE: 26351/26750
RANGE: 26100-26400
BIAS: Positive
21 DMA: 25878
50 DMA: 25534
200 DMA: 245566

SENSEX (CMP 85720)
SUPPORT: 85300/84500
RESISTANCE: 86100/86900
RANGE: 85400-86300
BIAS: Positive
21 DMA: 84510
50 DMA: 83347
200 DMA: 80589

BANK NIFTY (CMP 59737)
SUPPORT: 59300/58650
RESISTANCE: 60100/60900
RANGE: 59300-60300
BIAS: Positive
21 DMA: 58525
50 DMA: 57211
200 DMA: 54690

Nifty: Nifty opened strong on Thursday, powered by momentum buying, before mild profit-taking capped the rally mid-session.

The index, however, still closed slightly above the flat line — a constructive sign.

Key Positive: Nifty clocked a 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 (25879), 50 DMA (25534) and its 100 DMA (25216). Nifty’s 200 DMA at 24566 mark.

Nifty’s hurdles seen 26277.35 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 (+1.20%) 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 59866.60 mark.

Bank Nifty was seen outperforming Nifty’s rebounding action, ending 0.35% higher as against Nifty’s 0.04% gains.

Interestingly, Nifty PSU Banks ended 0.58% lower while Nifty Private Bank Index ended with 0.34% higher.

Intraday support for Bank Nifty now seen at 59300/58650/57158 mark 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 54690 mark. Bias on Bank Nifty continues to be Neutral.

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.

MARKET TRENDS:

Global cues: Positive
FII: (+4778.00 crores)
DII: (+6247.90 crores)
Sentiment: Bullish
Market Breadth: Positive
Technicals: Breakout Play.
F&O: 25500 – 26700 zone.

INDIA VIX 12.02 (-1.86%)
USD/INR Futures (December) (89.41)
NIFTY PCR (30th December) 1.26
Bank Nifty PCR (30th December) 1.15

Nifty Outlook: All bullish eyes remain firmly set on Nifty’s all-time high of 26,277.35

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 26205):
SUPPORT: 26113/25900
RESISTANCE: 26277/26750
RANGE: 26100-26400
BIAS: Positive
21 DMA: 25865
50 DMA: 25511
200 DMA: 24553

SENSEX (CMP 85610)
SUPPORT: 85300/84500
RESISTANCE: 85978/86900
RANGE: 85400-86100
BIAS: Positive
21 DMA: 84458
50 DMA: 83268
200 DMA: 80553

BANK NIFTY (CMP 59528)
SUPPORT: 59100/58700
RESISTANCE: 60100/60900
RANGE: 59100-60100
BIAS: Positive
21 DMA: 58452
50 DMA: 57114
200 DMA: 54642

Nifty: In Wednesday’s bullish session, Nifty started the session on the front foot — as momentum buying gathered strength as the the session progressed.

Nifty ended way above the dotted lines and the positive takeaway was that Nifty ended way above 26000 mark and raced towards its all-time-high at 26277.35 mark.

So, Nifty (+1.24%) ended on a bullish note as the benchmark snapped its 3-day losing streak.

The Good News is that Nifty is still above its 21 DMA (25865), 50 DMA (25511) and its 100 DMA (25207). Nifty’s 200 DMA at 24553 mark.

Nifty’s hurdles seen 26277.35 mark.

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

Nifty’s chart of the day suggests the benchmark may trade with positive bias with Nifty’s biggest intraday hurdles at 26277 mark.

Bank Nifty: Bank Nifty (+1.20%) 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 59554.95 mark.

Bank Nifty was seen mirrioring Nifty’s rebounding action, ending 1.2% higher as against Nifty’s 1.24% gains.

Interestingly, Nifty PSU Banks ended 0.77% higher while Nifty Private Bank Index ended with 1.46% higher.

Intraday support for Bank Nifty now seen at 59100/58700/57158 mark 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 54642 mark. Bias on Bank Nifty continues to be Neutral.

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.

MARKET TRENDS:

Global cues: Positive
FII: (+785.30 crores)
DII: (+3912.50 crores)
Sentiment: Neutral/Bullish
Market Breadth: Positive
Technicals: Consolidation
F&O: 25000 – 26500 zone.

INDIA VIX 12.24 (-7.50%)
USD/INR Futures (November) (89.22)
NIFTY PCR (25th November) 0.75
Bank Nifty PCR (25th November) 1.08

Nifty Outlook: Nifty will aim to capture 26000 levels on backdrop of strong global cues. Optimism around a potential US–India trade agreement could provide the much needed boost to push the index above 26,277.35.

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 25885):
SUPPORT: 25771/25650
RESISTANCE: 26021/26147
RANGE: 25800-26100
BIAS: Positive
21 DMA: 25854
50 DMA: 25490
200 DMA: 24539

SENSEX (CMP 84587)
SUPPORT: 84150/82671
RESISTANCE: 85000/85978
RANGE: 84300-85300
BIAS: Positive
21 DMA: 84587
50 DMA: 83194
200 DMA: 80511

BANK NIFTY (CMP 58820)
SUPPORT: 58100/57158
RESISTANCE: 59500/60100
RANGE: 58600-59600
BIAS: Neutral
21 DMA: 58385
50 DMA: 57019
200 DMA: 54590

Nifty: In Tuesday’s bearish session, Nifty started the session on a cautiously optimist note — but momentum buying faded and selling intensified as the session panned out.

Nifty ended way below the dotted lines and the negative takeaway was that Nifty ended below 26000 mark and way below the its all-time-high at 26277.35 mark.

So, Nifty (-0.29%) slipped amidst profit booking as the benchmark ended in red for the 3rd straight day.

The Good News is that Nifty is still above its 21 DMA (25853), 50 DMA (25489) and its 100 DMA (25200). Nifty’s 200 DMA at 24539 mark.
Nifty’s hurdles seen 26277.35 mark.

The technical landscape suggests Nifty’s major support at 25771/25650 mark.

Nifty’s chart of the day suggests the benchmark may trade volatile in an up-and-down session with Nifty’s biggest intraday hurdles at 26147 mark.

Bank Nifty: Bank Nifty (-0.03%) slipped as unwinding of long positions was the preferred theme all thru the trading session. Bank Nifty ended in red. Bank Nifty’s new all-time-high at 59440.10 mark.

Bank Nifty was seen slightly outperforming in Nifty’s sliding action, ending 0.03% lower as against Nifty’s 0.29% loss.

Interestingly, Nifty PSU Banks ended 1.44% higher while Nifty Private Bank Index ended with 0.23% loss.

Intraday support for Bank Nifty now seen at 58100/57158 mark and then at 55600 mark on closing basis.

In today’s trade and in near term, Bank Nifty is likely to face resistance at 59500 mark. Bank Nifty’s 200-DMA is placed at 54590 mark. Bias on Bank Nifty continues to be Neutral.

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.

MARKET TRENDS:

NIFTY (CMP 25960):
SUPPORT: 25871/25650
RESISTANCE: 26143/26277
RANGE: 25850-26100
BIAS: Neutral
21 DMA: 25850
50 DMA: 25472
200 DMA: 24527

SENSEX (CMP 84901)
SUPPORT: 84350/82671
RESISTANCE: 85450/85978
RANGE: 84400-85400
BIAS: Neutral
21 DMA: 84401
50 DMA: 83133
200 DMA: 80475

BANK NIFTY (CMP 58835)
SUPPORT: 58100/57158
RESISTANCE: 59500/60100
RANGE: 58200-59200
BIAS: Neutral
21 DMA: 58331
50 DMA: 56936
200 DMA: 54544

Nifty: In Monday’s bearish session, Nifty started the session on a cautiously optimist note — as momentum buying faded and selling intensified as the session panned out.

Nifty ended way below the dotted lines and the negative takeaway was that Nifty ended below 26000 mark and way below the its all-time-high at 26277.35 mark.

So, Nifty (-0.42%) slipped amidst profit booking as the benchmark ended in red for the 2nd straight day.

Nifty is still above its 21 DMA (25849), 50 DMA (25472) and its 100 DMA (25197). Nifty’s 200 DMA at 24527 mark.

Nifty’s hurdles seen 26277.35 mark.

The technical landscape suggests Nifty’s major support at 25871/25650 mark.

Nifty’s chart of the day suggests the benchmark may trade volatile in an up-and-down session with Nifty’s biggest intraday hurdles at 26277.35 mark.

Bank Nifty: Bank Nifty (-0.05%) slipped as unwinding of long positions was the preferred theme all thru the trading session. Bank Nifty ended in red. Bank Nifty’s new all-time-high at 59440.10 mark.

Bank Nifty was seen slightly outperforming in Nifty’s sliding action, ending 0.05% lower as against Nifty’s 0.42% loss.

Interestingly, Nifty PSU Banks ended 0.15% lower while Nifty Private Bank Index ended with 0.17% loss.

Intraday support for Bank Nifty now seen at 58100/57158 mark and then at 55600 mark on closing basis.

In today’s trade and in near term, Bank Nifty is likely to face resistance at 59500 mark. Bank Nifty’s 200-DMA is placed at 54544 mark. Bias on Bank Nifty shifts to Neutral.

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.

MARKET TRENDS:

Global cues: Positive
FII: (-1766.10 crores)
DII: (+3161.60 crores)
Sentiment: Bullish
Market Breadth: Positive
Technicals: Massive Breakout
F&O: 25500 – 27000 zone.

INDIA VIX 13.63 (+12.32%)
USD/INR Futures (November) (89.55)
NIFTY PCR (25th November) 1.00
Bank Nifty PCR (25th November) 0.89

Nifty Outlook: Nifty badly needs a big positive trigger.

Hopefully, optimism surrounding a potential US–India trade agreement should lift Nifty above 26277.35 mark.

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 26068):
SUPPORT: 25901/25741
RESISTANCE: 26277/27000
RANGE: 26000-26250
BIAS: Positive
21 DMA: 25847
50 DMA: 25452
200 DMA: 245151

SENSEX (CMP 85232)
SUPPORT: 84525/82671
RESISTANCE: 85978/87000
RANGE: 85000-86000
BIAS: Positive
21 DMA: 84384
50 DMA: 83063
200 DMA: 80438

BANK NIFTY (CMP 58638)
SUPPORT: 58100/57158
RESISTANCE: 59500/60100
RANGE: 58100-59100
BIAS: Positive
21 DMA: 58386
50 DMA: 56959
200 DMA: 54550

Nifty: In Friday’s bearish session, Nifty started the session on a cautious note — as momentum buying faded and selling intensified as the session panned out.

Nifty ended way below the dotted lines and the negative takeaway was that Nifty ended way below the its all-time-high.

So, Nifty (-0.47%) slipped amidst profit booking as the benchmark snapped its 2-day winning streak.

Nifty is still above its 21 DMA (25846), 50 DMA (25452) and its 100 DMA (25192). Nifty’s 200 DMA at 24515 mark.

Nifty’s hurdles seen 26277.35 mark.

The technical landscape suggests Nifty’s major support at 25900/25741 mark.

Nifty’s chart of the day suggests the benchmark may trade volatile in an up-and-down session with Nifty’s biggest intraday hurdles at 26277.35 mark.

Bank Nifty: Bank Nifty (-0.81%) slipped hard amidst massive profit booking was the preferred theme all thru the trading session. Bank Nifty ended in red. Bank Nifty’s new all-time-high at 59440.10 mark.

Bank Nifty was seen slightly underperforming in Nifty’s sliding action, ending 0.81% lower as against Nifty’s 0.47% loss.

Interestingly, Nifty PSU Banks ended 0.89% lower while Nifty Private Bank Index ended with 0.31% gains.

Intraday support for Bank Nifty now seen at 58100/57157 mark and then at 55600 mark on closing basis.

In today’s trade and in near term, Bank Nifty is likely to face resistance at 59500 mark. Bank Nifty’s 200-DMA is placed at 54550 mark. Bias on Bank Nifty shifts to Neutral.

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.