Quote on Pre-Market Comment 18th December 2025 by Amruta Shinde, Technical & Derivative analyst, Choice Broking
Below the Quote on Pre-Market Comment 18th December 2025 by Amruta Shinde, Technical & Derivative analyst, Choice Broking
Indian equities are expected to open on a flat to weak note on December 18, with GIFT Nifty indicating a start near 25,872, around 25 points lower. Overall sentiment remains cautiously constructive despite mixed global cues and the absence of major domestic triggers. Market participants are likely to track global equity trends, crude oil price movements, and institutional fund flows for incremental direction during the session.
In the previous session, the Nifty 50 opened mildly positive but witnessed a corrective move of nearly 158 points to an intraday low of 25,770, suggesting profit-booking at higher levels amid a lack of follow-through buying. The index continues to trade within a consolidation band of 25,770–25,850, reflecting ongoing indecision among traders. Immediate resistance is placed at 25,950–26,000, and a decisive breakout above this zone could open the path toward 26,100. On the downside, key support levels are seen at 25,650 and 25,700 in the near term.
Bank Nifty also corrected from higher levels, forming an intraday low near 58,800, indicating selling pressure emerging at elevated zones. Despite the pullback, the broader structure remains range-bound. Immediate resistance is seen around 59,150, and a sustained breakout above this level could trigger an upside move toward 59,250–59,500. On the downside, the 58,600–58,700 zone remains a critical support area and will be closely watched for trend confirmation.
On the institutional front, FIIs turned net buyers on December 17 after remaining sellers for the previous 14 sessions, purchasing equities worth Rs 1,171 crore, while DIIs also remained supportive with net buying of Rs 768 crore.
Given prevailing volatility and global uncertainties, traders are advised to stay selective and adopt a buy-on-dips strategy. Prudent leverage, tight trailing stop-losses, and staggered profit-booking are recommended. Fresh long positions should be considered only on a sustained breakout above 26,100, accompanied by close monitoring of global cues and key technical levels.
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