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Below the Quote on Pre-Market Comment 19th December 2025 by Amruta Shinde, Technical & Derivative analyst, Choice Broking

Indian equities are expected to open on a strong note on December 19, with GIFT Nifty indicating a start near 25,947, around 66 points higher. Overall sentiment remains cautiously constructive despite mixed global cues and the absence of major domestic triggers. During the session, market participants are likely to track global equity trends, crude oil price movements, and institutional fund flows for incremental directional cues.

From a technical perspective, the Nifty 50 remains in a consolidation phase. In the previous session, the index opened weak, recovered to an intraday high of 25,902, but failed to sustain gains and closed near the day’s lows, highlighting selling pressure at higher levels. The index continues to trade within the 25,700–25,900 range, reflecting trader indecision. Immediate resistance is placed at 25,900–26,000, while key supports are seen at 25,700 and 25,600. As long as Nifty holds above the 25,500 mark, a selective buy-on-dips approach remains favorable, subject to strict stop-loss discipline.

Bank Nifty also exhibited similar price action, opening flat and rising to an intraday high of 59,211 before reversing sharply and closing nearly 320 points lower at 58,912. This movement indicates profit-booking at elevated levels and a lack of sustained buying interest. The index is consolidating within a narrow 58,700–59,200 range. Immediate resistance is placed at 59,200, while supports at 58,700 and 58,500 will be crucial to maintain near-term stability in the banking space.

On the institutional front, FIIs extended their buying for a second consecutive session on December 18, purchasing equities worth nearly Rs 600 crore, while DIIs remained strong buyers with inflows of Rs 2,700 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, supported by continuous monitoring of global cues and key technical levels.

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