Quote on Pre-Market Comment 29th December 2025 by Aakash Shah, Technical Research Analyst, Choice Broking Ltd
Below the Quote on Pre-Market Comment 29th December 2025 by Aakash Shah, Technical Research Analyst, Choice Broking Ltd
Indian equity markets are expected to open flat on Monday, tracking mixed global cues and subdued year-end participation. With the holiday season and calendar-year close, trading volumes are likely to remain thin, keeping volatility in check. Asian markets are trading steady, while U.S. futures show mild weakness, indicating a neutral to slightly negative start for domestic indices. Stable crude prices and a relatively steady rupee continue to offer underlying support, preventing sharp downside.
The Nifty 50 remains technically constructive despite recent consolidation. The index continues to trade above its short-term moving averages, indicating that the broader trend remains positive. Immediate support is placed at 25,850–25,900, and a breach below this zone could drag the index toward 25,800. On the upside, 26,150–26,200 remains a crucial resistance band. A sustained breakout above this level could revive momentum and open the door for a move toward 26,300–26,500, while failure may keep the index range-bound.
The Bank Nifty is consolidating after its recent rally and is respecting key support levels. Immediate support is seen at 58,700–58,800, while resistance is placed at 59,300–59,400. A decisive close above resistance could push the index toward 59,800–60,000, whereas a breakdown may extend consolidation.
India VIX continues to hover near multi-month lows, signaling limited intra-day swings. Overall, the environment favors range-bound trading and buy-on-dips strategies, with strict stop-losses advised due to low volumes and potential year-end volatility spikes.
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