Quote on Pre-Market Comment 15th December 2025 by Aakash Shah, Technical Research Analyst, Choice Broking Ltd
Below the Quote on Pre-Market Comment 15th December 2025 by Aakash Shah, Technical Research Analyst, Choice Broking Ltd
Indian equity markets are likely to start the week on a weak and cautious note, with GIFT Nifty indicating a gap-down opening near the 26,050 level, down around 80 points. The negative opening is largely driven by renewed selling pressure in global markets, persistent foreign institutional outflows, and continued rupee weakness against the US dollar. While domestic fundamentals remain stable, near-term sentiment appears fragile, suggesting a defensive start to the session.
For the Nifty 50, the index failed to sustain higher levels last week and now faces immediate pressure near crucial support zones. The support is placed around 25,850–25,900. On the upside, resistance is seen at 26,150–26,200, which remains a critical hurdle for any meaningful recovery. A decisive close above 26,200 is required to revive bullish momentum and open the path toward 26,500. Until then, the index is likely to remain range-bound with a negative bias.
The Bank Nifty is also expected to open under pressure. Immediate support is located near 59,000–59,100, followed by 58,700. Resistance remains at 59,600–59,700, and only a sustained move above this zone would improve sentiment toward 60,200. Failure to defend the 59,000 mark could invite further consolidation.
Market volatility remains relatively contained, with India VIX holding in the low-teen range, indicating controlled intraday swings despite the weak opening.
Given the current setup, traders should adopt a cautious buy-on-dips approach strictly near support levels, with tight stop-losses. Aggressive long positions should be avoided until key resistance levels are decisively breached, while partial profit booking on pullbacks remains prudent in this range-bound and volatile environment.
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