Quote on Market Morning Inputs 12th November 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities
Below the Quote on Market Morning Inputs 12th November 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities
Benchmark indices witnessed a volatile trading session. After a volatile session, the Nifty closed 121 points higher, while the Sensex was up 336 points. Among sectors, the defence index outperformed today, gaining 2.45 percent.
Technically, after a sharp intraday correction in the early morning, the market found support around 25,450/83,100 and rebounded sharply. The market rallied more than 250/700 points from the day's low. On the intraday chart, the market formed a higher low and also managed to close above the 20-day SMA (simple moving average), which is largely positive.
We believe that the current market conditions are volatile; therefore, level-based trading would be the ideal strategy for day traders. 25,625/83,500 and 25,500/83,300 will be key support areas, while 25,800–25,900/84,000–84,300 could act as immediate resistance areas for bulls. However, below 25,600/83,600, the uptrend would weaken.
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