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Below the Quote on Pre-Market Comment 15th September 2025 by Amruta Shinde, Technical & Derivative Analyst, Choice Broking

Indian benchmark indices are expected to open on a flat to negative note today, with the GIFT Nifty indicating a dip of nearly 29 points in the Nifty 50. Market sentiment remains cautiously optimistic, though persistent volatility and mixed global cues continue to weigh on investor confidence.

The Nifty index has shown strength, holding above 25,100 and closing at 25,114. It continues to trade above the 20-day, 50-day, and 200-day EMAs, highlighting a sustained bullish undertone. As long as it remains above these averages, sentiment is likely to stay constructive. On the upside, resistance is placed at 25,160, followed by 25,250 and 25,500. On the downside, support lies at 25,000 and 24,900, with a breach below 24,750 likely to invite further selling pressure.

Bank Nifty is also showing promising strength. A decisive move above 55,150 could trigger upside momentum toward 55,500 and 56,000. On the flip side, support is placed at 54,400, with a break below exposing 54,000 and 53,636. Technical indicators lean bullish—RSI at 49.68 is trending higher, signaling improving momentum. The index is trading above its 20-day and 200-day EMAs, and a close above the 50-day EMA would further strengthen the bullish trend.

On the institutional flows front, Foreign Institutional Investors (FIIs) purchased equities worth ?129.6 crore on September 12, while Domestic Institutional Investors (DIIs) were net buyers of equities worth ?1,556 crore on the same day.

In light of heightened volatility and mixed global cues, traders are advised to adopt a cautious “buy-on-dips” strategy. Booking partial profits on rallies and maintaining tight trailing stop-losses is recommended to manage risk. Fresh long positions should be considered only if the Nifty sustains above the 25,160 level. While the broader trend remains cautiously bullish, close tracking of key technical levels and global developments will be essential to navigate the current market environment.

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