Market Update

Nifty Daily Chart

Support levels: 25900 Resistance levels: 26200

Nifty hovers below 26200 after seeing short covering from 25960 to 26185 on the last day of 2025. Unless 26250 is breached on the higher side market is likely to remain in range of 26200-25900. A contra short bet with SL of 26250 may work well.

India Vix is still below 10 suggesting limited intraday swings and one way direction in the market, however we may see instance of increase in volatility or sudden spikes ahead of weekend and in coming week as volatility expands after a brief cooling.

The market to remain stock specific and Buy on Dips mode in certain Budget focused stocks for sectors like defense, railways, green and nuclear energy and semi conductors, while rest of the sectors may see sell on rise activity in absence of any stock specific news.

Tradzo Research
Disclaimer: www.tradzo.in/disclaimer