---

🌤️ Market Mood — Opening Tone

• Today’s open is expected to be steady-to-positive, with global cues mildly supportive.
• The market tone will depend heavily on:
  • USD/INR behavior
  • Early FII flows
  • Option writers’ positioning around major strikes
• Bias: 🟢 Mildly Positive, but volatility pockets expected mid-session.

---

🟩 GIFT Nifty (Pre-Open Snapshot)

• Current Reading: Positive bias with a small premium over Nifty’s close.
• Indication: A slightly higher open for Nifty50.
• Expected Early Range: 26,200 – 26,350
• Sentiment: 🟢 Stable, not exuberant.

---

📊 Nifty Technical Levels — Support & Resistance

🟢 Support Levels

• 26,150 – 26,100 → First intraday defensive zone
• 25,950 → Primary floor
• 25,800 → Breakdown trigger

🔴 Resistance Levels

• 26,350 – 26,450 → Strong supply zone
• 26,600 – 26,750 → Stretch resistance
• 26,900 → Overextension, profit-taking zone

📈 Expected Trading Box

➡️ 26,150 – 26,450

• Above 26,450 → momentum could carry to 26,600+
• Below 26,150 → sellers take control toward 25,950

---

💰 Institutional Flows (Previous Session)

🔻 FII (Foreign Investors)

• Net sellers in cash market.
• Tone: cautious, selective, waiting for global clarity.

🟢 DII (Domestic Institutions)

• Strong net buying continues.
• Providing much of the market’s intraday stability.

Interpretation:
Domestic flows continue to offset foreign selling, keeping dips shallow.

---

⚙️ FII Index Futures Positioning

• Long Contracts: Slight increase — signalling cautious bullish hedges.
• Short Contracts: Moderate trimming — reducing net short exposure.
• Net View:
  • Market is positioned for short-covering pops, especially above resistance zones.
  • FIIs appear hedged-neutral rather than strongly bearish.

---

🧭 December Options OI Map (Monthly View)

👆 Call OI (Resistance Zones)

• 26,400 – 26,600 CE → Heavy call writing
• 26,800 CE → Strong overhead ceiling

👇 Put OI (Support Zones)

• 26,000 – 26,100 PE → High put writing
• 25,800 PE → Monthly support shelf

🧩 Interpretation

• Immediate Battleground: 26,000 – 26,600
• Bulls defending 26,000
• Bears protecting 26,450–26,600
• Break above 26,600 = aggressive short-covering zone

---

💱 USD/INR — Currency Check

• Current: ~₹88.90 – 89.10 per USD
• Trend: Slightly weak rupee vs dollar
• Key Zones:
  • ⚠️ Above 89.20: Risk-off sentiment rises
  • 🟢 Below 88.60: Relief for equities & exporters
• Impact:
  • Weak INR → good for exporters (IT, Pharma)
  • But pressures FII inflow sentiment

---

📰 News & Sector Themes Today

🏦 Banks / Financials

• Supported by strong DII flows
• Likely to provide market stability

💻 IT & Exporters

• Could outperform if USD/INR remains elevated
• Watching U.S. tech cues

⚙️ Metals & Energy

• Tracking global commodity movement
• China data tone remains important

🏭 Midcaps & Smallcaps

• Expected to be more volatile
• Fund flows selective

---

🌎 U.S. / Global Events to Watch Tonight

• Key focus on U.S. macro commentary & yield movement
• Global markets eyeing signs of:
  • Inflation softening
  • Fed tone → Dovish shift supports EMs
• Risk: Higher U.S. yields → pressure on INR + FII outflows
• Opportunity: Weak US data → bullish for Nifty & INR

---

🎯 Trading Playbook for the Day

🟢 Bullish Setup

• Trigger: Nifty sustaining above 26,450
• Upside Targets: 26,600 → 26,750
• Strategy: Buy dips, trail stops, book partial profits near OI clusters

🔴 Bearish Setup

• Trigger: Break below 26,150
• Downside Targets: 25,950 → 25,800
• Strategy: Short bounces, avoid chasing deep declines

⚪ Range-Bound Setup

• Likely Zone: 26,150 – 26,350
• Strategies:
  • Sell calls near 26,450
  • Sell puts near 26,150
  • Keep intraday size light during midday drift

---

🧾 Quick Summary Table

Segment	Bias	Comment
GIFT Nifty	🟢 Positive	Mild gap-up expected
FIIs	🔻 Selling	Cautious tone
DIIs	🟢 Buying	Strong market support
USD/INR	🟠 Weak	Near 89 → volatility risk
Nifty View	⚪ Range	26,150–26,450 zone
Global Cues	⚖️ Mixed	U.S. yields critical