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nifty spot closed in the bands of 26150-26200 in line with data highlighted in the afternoon seen
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🆓🚀 Join Us for a Free Webinar to Learn Market Entry & Exit with Breakout & Pullback 📊
🕓 Date of Webinar: 24th Dec 2025, 4:00 PM onwards
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🕓 Date of Webinar: 24th Dec 2025, 4:00 PM onwards
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🎁 Key Benefits of the Webinar:
✅ Key difference between breakout & pullback
✅ How to trade breakout & pullback
✅ Risk management tips
✅ Chart examples
✅ Q&A session
🎤 Speaker:
• Shitij Gandhi, Sr. Research Analyst, SMC
❇️ Market Opening Outlook – Dec 24
• Asian markets +0.3%, tracking overnight Wall Street gains
• Strong US GDP data supportive for IT & Pharma stocks
• Low trading volumes expected due to year-end holiday season
• Resistance: 26,200–26,250 zone
• Support: 26,100 levels
• Overall trend: Positive
• Strategy: Buy on dips
➡️ Overall sentiment remains mixed — global cues are positive, but low volumes and FII outflows may cap upside.
• Asian markets +0.3%, tracking overnight Wall Street gains
• Strong US GDP data supportive for IT & Pharma stocks
• Low trading volumes expected due to year-end holiday season
• Resistance: 26,200–26,250 zone
• Support: 26,100 levels
• Overall trend: Positive
• Strategy: Buy on dips
➡️ Overall sentiment remains mixed — global cues are positive, but low volumes and FII outflows may cap upside.
✳️ Opening data is positive. Strategy remains buy on dips. Markets may stay sideways to positive, led by lower volumes due to Christmas and year-end holidays.