Daily Morning Report – 30/12/25

Date: 30.12.2025

NIFTY OUTLOOK: 25942.10 FII -2759.89 cr DII 2643.85 cr

As discussed yesterday, market behaviour remained on expected lines during the day, as continued selling pressure and a bearish trend took the Nifty down to our support of 25917, i.e., it made a day low of 25920.3.

Further, back-to-back bearish candles appeared on the daily chart of Nifty, suggesting a continuation of the bearish trend. Hence, if Nifty continues its southward journey, a decisive breakdown of 25900 may lead it to slip further to 25857–25815. If supply intensifies further, it may have a chance to test 25773.

However, on the upside, 25985–26027 may act as immediate resistance for Nifty. A break and sustained move above these levels may push Nifty towards 26070–26113.

Bank Nifty OUTLOOK:
Spot: 58932.35 PCR: 0.66 Max CE OI: 59000 Max PE OI: 58500

On 29th December 2025, the Bank Nifty index closed at 58932.35 (-79, -0.13%). The total movement in the index was 330.85 during the trading session. The index made a high of 59140.40 and a low of 58809.55.

Technical View:
Important support and resistance levels of Bank Nifty are 58865 and 59157, respectively.
Intraday support and resistance levels are 58841 and 59023, respectively.
The Relative Strength Index (RSI) for the Nifty Bank index is at 50.10. Below 30 is considered oversold and above 70 overbought.

Bank nifty Day SMA Analysis:

Bank nifty is trading above 4 out of 8 SMA’s ( 50, 100, 150, 200 Day).

Bank nifty is trading below 4 out of 8 SMA’s (5,10,20,30  Day).

No Candlestick Pattern was identified in bank nifty on daily chart.

Macro:

1.Dollar index is @ 97.74

2.Vix is @ 14.20 (+4.41%)

3.Brent crude is @ 61.31

4.US 10 years bond yields is @ 4.108

Note: We may again see a new war front opening up. U.S. President Donald Trump said on Monday that the United States could support another major strike on Iran if it resumes rebuilding its ballistic missile or nuclear weapons programs and warned Hamas of severe consequences if it does not disarm.

On the commodities front, we saw heavy profit booking in bullions and metals, which was due after a stellar rally. Normally, investors take profits off the table at year-end. Any dips in silver up to 18–20% and 8–10% in gold will be a buying opportunity. Dips around $66–67 will be a good buying zone. We expect silver to move up to $2.90–3.00 once profit booking is over and gold to $4875–4980.

As far as Indian markets are concerned, range-bound trade is playing out in the 26300–25700 zone. Any dips around 25750–25700 will be a buying zone.

Important Pivot Point Levels for Today           

Nifty

Bank Nifty

By Ashok Bhandari (RA)

SEBI Regd. No. INH00019549