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Below the Quote on Pre-Market Comment 12th January 2026 by Aakash Shah, Technical Research Analyst, Choice Broking Ltd

Indian equities are expected to open on a cautious and subdued note on January 12, with GIFT Nifty indicating a muted start amid weak global cues, volatile crude prices, and continued concerns over institutional flows.

The Nifty 50 remains under pressure, reflecting the absence of fresh bullish triggers. Technically, the index needs to hold the 25,500–25,600 support zone to prevent further downside, while a sustained breakout above 25,800–25,850 is essential to stabilize near-term momentum.

The Bank Nifty is also consolidating with a negative bias. Immediate support is seen near 59,000, and a breakdown could open the door toward 58,900–58,800. On the upside, 59,500–59,600 remains a strong resistance band, and only a decisive move above this zone would revive bullish sentiment.

On the institutional front, January 9 saw FIIs remain net sellers to the tune of about Rs.3,367 crore (fourth straight session), while DIIs provided strong support with net buying of around Rs.3,701 crore.

Given this backdrop, traders are advised to stay selective, disciplined, and range-focused, favoring strong stocks on declines and waiting for clear breakouts before building aggressive positions.

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