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Below the Quote on Pre-market comment 05th December 2025 by Amruta Shinde, Technical & Derivative Analyst, Choice Broking

Indian equities are expected to open flat to slightly negative on December 5, with the GIFT Nifty indicating a start near 26,184—about 2 points lower. Broader sentiment remains cautiously optimistic despite mixed global cues and the absence of major domestic catalysts. In the near term, traders will continue to monitor global market developments, crude oil price movement, and institutional flow dynamics for clearer directional cues.

The Nifty 50 remained range-bound in the previous session, opening flat, rising to 26,098, and then slipping to an intraday low of 25,962.40 before recovering to close at 26,033.75. The index continues to oscillate within the well-defined 25,900–26,200 consolidation zone. Immediate resistance lies at 26,100–26,300, and a decisive breakout above this range could pave the way for an upside move toward 26,500. Key support levels remain at 25,900 and 25,800, keeping a buy-on-dips setup intact as long as these levels hold.

Bank Nifty also traded in a tight band, touching a high of 59,548 and a low of 59,062 before closing at 59,288.70. The formation of a doji candle reflects indecision and a pause in momentum following recent swings. The index continues to consolidate between 59,000 and 59,550. A breakout above 59,550 could trigger a move toward 59,700–60,000, while immediate support is placed at 59,000 and further at 58,750.

Foreign Institutional Investors (FIIs) extended their selling streak for the third consecutive session on December 5, offloading equities worth Rs.1,944 crore. Meanwhile, Domestic Institutional Investors (DIIs) continued their steady buying, adding Rs.3,661 crore during the same session.

Given the prevailing volatility and external uncertainties, traders are advised to stay selective with a buy-on-dips approach, manage leverage prudently, and employ tight trailing stop-losses with staggered profit-booking. Fresh long positions may be considered only above 26,300, supported by close tracking of global cues and key technical levels.

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