Morning Market View

Indian markets saw a strong recovery in the last session, taking firm support near 25,500 backed by heavy put writing. This indicates that downside is currently protected. However, the short-term trend has shifted from negative to neutral, and the overall tone remains cautious. Nifty Outlook Support: 25,450–25,500 Dips towards this zone may offer contra buying opportunities for intraday trades. Avoid aggressive carry-forward longs unless strength builds at higher levels. Bank Nifty Outlook Bank Nifty is witnessing buying interest on declines, suggesting accumulation at lower levels. Key Support: 60,200 Spot Stop Loss for longs: 60,300 Bullish trigger: Sustained move above 61,000 Trend remains neutral unless 61,000 is decisively crossed. Avoid heavy carry-forward long exposure for now. Sector Strategy Energy & Banking: Likely to outperform. FMCG: Buy on dips candidate. IT: May see early pressure following weakness in US markets. Buzzing Stocks

– Considering QIP fund raise. Positive – Licence & supply deal for DeslaFlex in Canada. Positive – L1 bidder for five defence survey vessels. Positive TVS Supply Chain Solutions – MoU with Italy’s ALA Group. Neutral to Positive Strategy for the Day Prefer buying near support rather than chasing rallies. Keep tight stop losses and watch banking strength for directional cues.