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Below the Quote on Market Morning Inputs 2nd Sept 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities

Benchmark indices rebounded sharply, with Nifty closing 198 points higher and Sensex 555 points higher. Sectorally, almost all major sectoral indices traded in the positive zone, but capital markets and auto indices outperformed, capital markets up 3.30, auto up 2.75 per cent.
Technically, after a sluggish start, the market maintained positive momentum throughout the day. On intraday charts, it formed a reversal pattern, and on daily charts, it formed a bullish morning star pattern, which indicates continuation of the pullback formation in the near future.
As long as the market trades above 24,400/79,700, the pullback formation is likely to continue. On the upside, it could bounce back to the 20-day SMA (simple moving average), which is at 24,700/80,500 or 24750/80700. The uptrend may continue further, taking the market to 24,850/81,000. On the other hand, if the market drops below 24,400/79,700, traders may prefer to exit their long positions.
The strategy should be to buy Nifty around 24550 with a stop loss at 24400. Resistance exists at 24750/24750.  
For Bank Nifty, if it stays above 54000, then we may expect 54200 and 54500 levels.  Expect weakness below the levels of 53500 levels.

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