IGI Logo

Below the Quote on Market Wrap Up 25th August 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices experienced a volatile trading session. After a roller-coaster activity, the Nifty ends 98  points higher, while the Sensex was up by 329 points. Among sectors, the IT index outperformed, rallying 2.40 percent, whereas the media index lost the most, shedding 1.80 percent.

Technically, after an early morning intraday dip, the market took support near 24,900/81400 and bounced back sharply. However, due to profit-taking at higher levels, it failed to close above the 25,000/81800 mark. Additionally, on daily charts, it has formed an inside body candle, indicating indecisiveness between bulls and bears.

We believe that the intraday market texture is non-directional; hence, level-based trading would be an ideal strategy for day traders. For the bulls, the 25,000/81800 level will be the immediate breakout point. A successful breakout above 25,000/81800 could push the market towards 25,150-25200/82300-82500. On the other hand, 24,900-24,850/81400-81300 would act as key support zones for day trades. Below 24,850/81300, the chances of hitting 24,750-24,700/81000-80800 increase significantly.

Above views are of the author and not of the website kindly read disclaimer