Index trading with CA Nitin Murarka (SMC)

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✳️ Opening data is positive. Strategy remains buy on dips. Markets may stay sideways to positive, led by lower volumes due to Christmas and year-end holidays.

ADVANCE > DECLINE @ OPEN

PITCH REPORT

❇️ Market Opening Outlook – Dec 24 • Asian markets +0.3%, tracking overnight Wall Street gains • Strong US GDP data supportive for IT & Pharma stocks • Low trading volumes expected due to year-end holiday season • Resistance: 26,200–26,250 zone • Support: 26,100 levels • Overall trend: Positive • Strategy: Buy on dips ➡️ Overall sentiment remains mixed — global cues are positive, but low volumes and FII outflows may cap upside.

world markets

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nifty spot closed in the bands of 26150-26200 in line with data highlighted in the afternoon seen