PRE MARKET SUMMARY 01 DEC 2025


 01 DEC 2025

Nifty bias for today (Monday, 1 Dec 2025) is mildly bullish above key supports, with GIFT Nifty indicating a positive opening and global cues currently supportive to neutral for risk assets. Price action is near all‑time highs, so intraday moves can be whippy around resistance zones.​
  • GIFT Nifty (Dec 01) is trading around 26,520, up about 130 points (≈0.5%), indicating a gap‑up/positive start for Nifty 50.​
  • Immediate intraday Nifty supports: 26,000–26,050; resistance supply zones: 26,350–26,500.​
  • For Bank Nifty, nearby supports are in the 59,200–59,300 band and resistance around 60,000–60,500 after making a fresh high near 59,900 last week.​
Sport / resistance zones (Nifty & Bank Nifty)Nifty 50 :
  • Support: 26,000 (immediate), then the 21‑DMA region near 25,890 as a positional support area.​
  • Resistance: 26,350–26,500; above 26,500, momentum extension possible but prone to profit‑booking.​
Bank Nifty :
  • Support: 59,200 intraday, then 58,900 positional; holding these keeps bullish structure intact.​
  • Resistance: 60,000–60,500; above 60,500, short‑covering can accelerate​
Global cues
  • Asian markets like Nikkei 225 and others are modestly positive, while some European futures are flat to slightly negative, giving a mixed but not risk‑off backdrop.​
  • Overall, global sentiment is still driven by expectations of gradual global rate‑cut paths and steady growth, which supports equities near highs, but any macro headline can quickly impact intraday volatility.​
Quick intraday plan (sport‑level view)
  • Above 26,200 Nifty, long bias is favoured towards 26,300–26,400 with profit‑booking near upper band; below 26,100, expect intraday pressure back to 26,000 support​
  • Bank Nifty long trades are safer while holding above 59,300 with eyes on 59,800–60,000; failures near 60,000–60,500 can give sharp mean‑reversion shorts.





{{HARJINDER DHALIWAL}}
A Indian Market TRADER