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2025-08-25 09:38:49 am | Source: Kotak Securities Ltd
Quote on Market Morning Inputs 25 Aug 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities
Quote on Market Morning Inputs 25 Aug 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities

Below the Quote on Market Morning Inputs 25 Aug 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities 

 

Last week, the benchmark indices witnessed volatility. After a volatile session, the Nifty closed 1 per cent higher, while the Sensex was up over 700 points. Among sectors, the auto index outperformed and gained 5 per cent, while the defence index declined over 1 per cent. During the week, the market opened marginally higher, but after a promising rally last Friday, profit booking was witnessed at higher levels.

Technically, the 25,000/81900 level or the 50-day simple moving average (SMA) will be crucial for traders. Below this level, the correction could extend to the 20-day SMA or below 24800/81300. Further declines could continue, possibly taking the index down to 24,600-24,500/80700-80400. Conversely, a fresh uptrend is possible only if the index sustains above 25,000/81900 or the 50-day SMA. The immediate resistance for the index would be at 25,200/82500. A successful breakout above 25,200/82500 could push the market towards 25,500/83300.

For Bank Nifty, the short-term trend remains weak; however, a fresh sell-off is possible only if the support zone of 54,850 is broken. Below this, it could decline to 54,500-54,200. On the upside, if the index sustains above the 20-day SMA or 55,700, it could rise to the 50-day SMA 56,000 and then to 56,500.

 

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