Powered by: Motilal Oswal
2025-09-11 09:11:48 am | Source: Choice Broking Ltd
Quote on Pre-market comment 11th September 2025 by Amruta Shinde, Technical & Derivative Analyst, Choice Broking
Quote on Pre-market comment 11th September 2025 by Amruta Shinde, Technical & Derivative Analyst, Choice Broking

Below the Quote on Pre-market comment 11th September 2025 by Amruta Shinde, Technical & Derivative Analyst, Choice Broking

 

Indian benchmark indices are expected to open on a positive-to-flat note today, with the GIFT Nifty indicating an uptick of nearly 25 points in the Nifty 50. Market sentiment remains cautiously optimistic, although persistent volatility and mixed global cues continue to weigh on investor confidence.

The Nifty opened higher in the previous session but traded largely sideways. Technically, a decisive move above 25,160 could open the path toward 25,340, while immediate support is placed at 24,950 and 24,850—levels considered attractive for initiating fresh long positions.

Bank Nifty also opened in the green but remained range-bound, consolidating within the 54,400–54,700 zone for the seventh straight session. A breakout from this range, supported by price action, will likely dictate the next directional move. Key supports are placed at 54,350 and 54,000, while resistance lies in the 54,840–55,184 zone. A convincing breakout above this resistance could pave the way for a rally toward the psychological 56,000 mark.

On the institutional front, Foreign Institutional Investors (FIIs) sold equities worth Rs.115 crore on September 10, while Domestic Institutional Investors (DIIs) were strong buyers, adding equities worth Rs.5,004 crore.

Given the prevailing uncertainty and heightened volatility, traders are advised to maintain a cautious “wait-and-watch” stance, particularly in leveraged positions. Booking partial profits on rallies and using tight trailing stop-losses remain prudent. Fresh long positions should be considered only if the Nifty sustains above the 25,000 mark. Overall, the outlook stays cautiously bullish, with close tracking of breakout levels and global market developments essential in the sessions ahead.

 

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

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here