TUESDAY 

06-JAN-2026

 

Nifty index closed bullish breaking above falling trend line with volume -continued structure HH-HL -index above 20 EMA-RSI around 60-POI:  26350

FLAT to POSITIVE

Today’s Market Prediction:

• Gift Nifty Indicating about Nifty probability opening: would open gap up POSITIVE
• Technically, Nifty is in the Bullish zone- BankNifty is in the Bullsh zone
• Nifty index formed a bearish candle with minor upper and lower shadows on the daily timeframe
• India VIX up by 6.05 percent to 10.02 levels.
• Waaree Energies:The company’s subsidiary, Waaree Energy Storage Solutions, has raised Rs 1,003 crore from a cluster of strategic investors, including family offices, high-net-worth individuals (HNIs), and institutional investors.
• NBCC (India):NBCC has received orders worth Rs 45.87 crore from Maharaja Sriram Chandra Bhanja Deo University, Odisha, and Rs 88.18 crore from the Odisha School Programme Authority, Bhubaneswar, Odisha.

Stocks in NEWS:-

• Oil and Natural Gas Corporation:ONGC has signed joint venture agreements and capital contribution agreements with Mitsui OSK Lines (MOL), Japan, to subscribe to equity shares in two joint venture entities—Bharat Ethane One IFSC and Bharat Ethane Two IFSC—registered in GIFT City, Gandhinagar.

• Polycab India:Shashi Amin has been appointed as Director (Non-Board Member) and CEO – B2B Channel & Corporate Communication, effective January 5.

• Awfis Space Solutions:Ravi Dugar has resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel of the company to pursue better career opportunities, effective February 2, 2026.The Board has appointed Sumit Rochlani as Chief Financial Officer, effective February 3.

• Raymond Lifestyle:Prasad Ellatch Chathuar has joined Raymond Lifestyle as Senior Management Personnel and will be appointed as Chief Financial Officer at the ensuing board meeting.

• Mirc Electronics:Investor Laroia Mona has acquired 18 lakh shares (representing 0.48 percent of the paid-up equity) in Mirc Electronics at Rs 31.54 per share, for a total consideration of Rs 5.67 crore.

• KV Toys India:Generational Capital Breakout Fund 1, backed by Satwik Jain–founded multi-family office Generational Capital, has acquired an additional 39,000 shares (equivalent to a 0.62 percent stake) in KV Toys India at Rs 339.82 per share, amounting to Rs 1.32 crore.

• Leading Leasing Finance and Investment Company:Milan Jayvantlal Mithani (HUF) has purchased 75 lakh shares in Leading Leasing for Rs 2.43 crore, while SKG Asset Management acquired 34.3 lakh shares for Rs 1.11 crore, both at a price of Rs 3.25 per share.

Market Indication:-

Global:FLAT to POSITIVE

NIFTY:FLAT to POSITIVE

BANKNIFTY:FLAT to POSITIVE

PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, dropped sharply to 1.00 on January 5, compared to 1.46 in the previous session.

BULK Deals:KV Toys India,Shyam Dhani Industries Etc.

Stocks In F&O Ban Period: SAIL,Sammaan Capital

Results Today:GM Breweries, and Croissance

GIFT NIFTY:  (Positive) 

26407      +87.00     +0.33

FII-DII: DIIs net buy shares worth Rs 1764 crore, FIIs net sell Rs 34 crore.

NIFTY (26250) The support for the Nifty is: 26215-26175-26115 and the Resistance to the up move is at: 26340-26380-26440 levels.

BANKNIFTY (60044): The support for BankNifty is: 59895-59755-59535 and the Resistance to the up move is at 60335-60470-60690 levels.

**********************************************************************************************************************************************************************

Note:

CHECK THE MARKET DIRECTION BEFORE YOU TRADE

WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade. 

If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point)  then Qty should be taken as per this Risk: 250/5 = Qty 50