Sensex up, Nifty above 25900: Virendra Kumar on trading strategy

markets
M
Moneycontrol•10-12-2025, 09:57
Sensex up, Nifty above 25900: Virendra Kumar on trading strategy
- •Indian indices opened lower on Dec 10 but recovered, with Sensex up 0.30% to 84,906 and Nifty up 0.23% to 25,900.
- •Expert Virendra Kumar advises selling Nifty on rallies below 25875/25923, targeting Base-1 (50DEMA).
- •Nifty's first resistance is 25875-25923, with a major base at 25621-25648; US Fed decision is crucial.
- •For Bank Nifty, Kumar suggests buying on dips above Base-1 (58848-59005), with first resistance at 59423-59549.
- •FIIs showed heavy cash selling and index shorting, increasing net shorts to 1.42 lakh.
Why It Matters: Expert advice helps investors navigate Nifty and Bank Nifty market trends.
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