Market Pressure Continues: Nifty, Bank Nifty Trading Strategies for Today

Business
M
Moneycontrol•07-01-2026, 10:23
Market Pressure Continues: Nifty, Bank Nifty Trading Strategies for Today
- •Indian market faces third consecutive day of weakness; Nifty trades near 26100, pressured by HDFC BANK, BHARTI, L&T, Maruti.
- •Midcap and smallcap stocks show buying interest; Titan shines with 4% rise to life high on strong Q3 growth in jewelry and consumer business.
- •IT stocks gain ahead of earnings season, with Tata Tech, Tata Elxsi, KPIT TECH leading; consumer durables and capital market shares also buoyant.
- •Nifty strategy: Trade between 26073-26119 (Base-1) and 26221-26256 (Resistance-1); buy on dips, exit at upper levels.
- •Bank Nifty strategy: First resistance at 60367-60533, base at 59692-59841; buy on dips towards Base-1, book profits at Resistance-1.
Why It Matters: Market faces pressure; Nifty & Bank Nifty strategies focus on buying dips and booking profits at resistance.
✦
More like this
Loading more articles...





