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Below the Quote on Market Wrap 30th December 2025 by Shrikant Chouhan, Kotak Securities

“Today, the benchmark indices witnessed range-bound activity. The Nifty ends 3 points lower, while the Sensex was down by 20 points. Among sectors, the Metal index outperformed, rallied 2  percent, whereas the Tourism  index lost the most, shed nearly 1 percent. Technically, on intraday charts, the market witnessed non-directional activity, and on daily charts, it has formed a small candle, indicating indecisiveness between the bulls and the bears.

We are of the view  that the current market texture is non-directional; perhaps traders are waiting for a breakout on either side. On the higher side, 26,000/85000 could be the crucial resistance zone for the bulls. Above this level, the market could bounce back to 26,100-26,150/85300-85500. On the flip side, below 25,870/84500, selling pressure is likely to accelerate. Below this level, the market could slip to 25,800-25,750/84200-84000.

For traders, the current market texture is non-directional; hence, level-based trading would be an ideal strategy for day traders.”

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