Quote on Pre-Market Comment 26th Aug 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd
Below the Quote on Pre-Market Comment 26th Aug 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd
The benchmark Sensex and Nifty indices are expected to open on a negative note on August 26, following GIFT Nifty trends indicating a loss of 80 points for the broader index.
After a negative opening, Nifty can find support at 24,900 followed by 24,800 and 24,700. On the higher side, 25,000 can be an immediate resistance, followed by 25,100 and 25,200.
The charts of Bank Nifty indicate that it may get support at 55,000 followed by 54,800 and 54,500. If the index advances further, 55,300 would be the initial key resistance, followed by 55,500 and 55,800.
The Foreign institutional investors (FIIs) remained net sellers on the second day on August 25 as they sold equities worth Rs 2466 crore, while Domestic institutional investors (DIIs) purchased equities worth Rs 3176 crore on the same day.
INDIAVIX was slight positive Yesterday up by 0.26% and is currently trading at 11.7575.
Yesterday, the Indian equity market opened with a gap-up start. After some initial pressure, buying from lower levels helped the Nifty index to move higher and register an intraday high above the 25,000 mark. However, it failed to sustain at higher levels. Eventually, the Nifty ended the session on a positive note, while Bank Nifty closed on a flat note slightly down. On the daily chart, Nifty has formed an Inside Bar candlestick pattern, indicating that a decisive breakout on either side will be crucial for the next directional move. Globally, markets traded on a negative note, while Foreign Institutional Investors (FIIs) continued to remain net sellers, highlighting cautious undertones in the broader trend. On the downside, immediate support is placed at 24,800. A breach below this level could trigger further pressure towards the 24,700–24,500 range. On the upside, 25,000 will act as an immediate and crucial resistance, followed by a strong hurdle at 25,200. A decisive break and sustained trade above these levels could pave the way for fresh buying opportunities. Traders are advised to remain cautious and maintain strict stop-loss levels to manage risk amid heightened volatility.
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