💼 FII Activity
FIIs bought over 700 crores in the cash market. Post-expiry F&O data shows they are still positioned on the bearish side with notable index future shorts and index call shorts. However, their overall positioning has improved compared to the last two months, indicating reduced aggressiveness on the short side.
🌍 Global Sentiment
Global sentiment has turned strong as rate-cut expectations surged sharply. The probability of a Fed rate cut in December has jumped to nearly 90%, up from around 40% just two weeks ago. This shift is providing significant support to global equity markets.
📈 Market Structure
On the charts, Nifty continues to consolidate within the 25750–26100 range. However, the broader market—especially small and mid-cap stocks—remains under pressure, showing signs of panic selling.
🧭 Key Levels to Watch
Nifty’s crucial upper resistance is at 26050, while strong support remains at 25750. With global sentiment improving and structure holding, the probability of Nifty moving higher from current levels is stronger.
⚠️ Our View
Stay vigilant and avoid over-trading. Wait for clear direction and sentiment stability before taking aggressive positions. Focus only on controlled risk with strict stop-losses.