WEDNESDAY 

07-JAN-2026

 

Nifty index closed doji signalling indecision and volatility -index above 20 EMA-RSI around 55-POI:  26135

FLAT to NEGATIVE

Today’s Market Prediction:

• Gift Nifty Indicating about Nifty probability opening: would open gap  down NEGATIVE
• Technically, Nifty is in the Bullish zone- BankNifty is in the Bullsh zone
• Nifty index formed a small red candle with long upper and lower shadows and above-average volumes, resembling a doji or high-wave-like candlestick pattern on the daily timeframe.
• India VIX fell by 0.04 percent to 10.02 levels.
• IRB Infrastructure Trust:The Trust has emerged as the selected bidder and has received a Letter of Award from the National Highways Authority of India (NHAI) for the project involving the tolling, operation, maintenance, and transfer of the Chandikhole–Bhadrak section of NH-16 in Odisha.
• Yes Bank:The bank has received approval from the National Securities Depository (NSDL) for the transfer of its demat undertaking under the retail division to its subsidiary, Yes Securities (India).

Stocks in NEWS:-

• Indian Energy Exchange:At this stage, the company said the matter is sub judice, and no order or direction has been passed by the Appellate Tribunal for Electricity (APTEL) on the CERC market coupling issue.

• Biocon:The company’s subsidiary, Biocon Biologics, will introduce three new oncology biosimilars at the JP Morgan Healthcare Conference in San Francisco, further strengthening its comprehensive cancer portfolio.

• Oil and Natural Gas Corporation:The senior management of ONGC, including Director (Technology & Field Services) Vikram Saxena from Delhi, along with Crisis Management Team (CMT) experts, has assumed operational control of Well Mori-5 at Irusumanda, Malkipuram Mandal, following the incident at the site.

• Pidilite Industries:The company’s subsidiary, Pidilite Ventures (PVPL), has transferred its entire shareholding in Pepperfry to TCC Concept (TCC) in a 100 percent share-swap deal, pursuant to the acquisition of shares of Pepperfry by TCC.

• Fino Payments Bank:The bank announced the implementation of a new next-generation Core Banking System as part of its ongoing digital transformation programme.

• Reliance Industries:Reliance Industries strongly rejected claims of Russian oil imports to its Jamnagar refinery, stating that such news reports are “blatantly untrue” and are “tarnishing” its image.The company informed the exchanges that there is no linkage between the movement in the price of its equity shares and reports on Russian oil imports.

• Speb Adhesives:Venture capital firm Compact Structure Fund has bought 1.8 lakh shares (equivalent to 0.8 percent of the paid-up equity) in Speb Adhesives at Rs 55.86 per share for over Rs 1 crore.

• Dhariwalcorp:Greenx Wealth Multihorizons Opportunity Fund has picked up 61,800 shares (a 0.65 percent stake) in the wax and industrial chemicals trader at Rs 361 per share for Rs 2.23 crore.

• EPW India:Tiger Strategies Fund–I sold a further 60,000 shares in EPW at Rs 100.2 per share for Rs 60.12 lakh, after selling 1.41 lakh shares in the previous session. The fund held a 4.65 percent stake (5.34 lakh shares) in the company as of December 29, 2025.

Market Indication:-

Global:FLAT to NEGATIVE

NIFTY:FLAT to NEGATIVE

BANKNIFTY:FLAT to NEGATIVE

PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, fell further to 0.92 on January 6, compared to 1.00 in the previous session.

BULK Deals:EPW India,Dhariwalcorp Etc.

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

Results Today:Galaxy Agrico Exports, Mahesh Developers, Premier Energy and Infrastructure, and Siddheswari Garments

GIFT NIFTY:  (Negative) 

26202      -77.00     -0.29

FII-DII: DIIs net buy shares worth Rs 1749 crore, FIIs net sell Rs 108 crore.

NIFTY (26179) The support for the Nifty is: 26135-26100-26045 and the Resistance to the up move is at: 26250-26285-26340 levels.

BANKNIFTY (60118): The support for BankNifty is: 59915-59805-59630 and the Resistance to the up move is at 60265-60375-60550 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