Stock Market Technical Analysis | 1st to 5th Dec 2025 Weekly Wrap

The markets ended the week on a muted note, marked by sharp sector rotations and heavy action in derivatives. Here’s a crisp breakdown of what moved Nifty, Bank Nifty, sectors, and global cues this week.

Expert recommendation by:

• Mr. Ketan Kaushik - Derivative Analyst

Equity

• Benchmark Index traded volatile in the previous week before closing with 0.06% cut at 26186 level. Banking Index performed in line with the benchmark index as it closed with minor 0.04% gain at 59777 level.
• Among the Nifty constituents, WIPRO and HCLTECH outperformed the benchmark index as they closed with 4.16% and 3.62% gains while INDIGO and MAXHEALTH underperformed as they closed with 9.0% and 5.62% cut respectively. Among the Bank Nifty constituents KOTAKBANK outperformed the benchmark index as it closed with 1.44% gain while PNB underperformed as it closed with 2.24% cut.
• Among sectors, NIFTYIT index outperformed the benchmark index during the previous week as it is closed with 3.47% gain while NIFTYDEFENCE index underperformed as it closed with 2.62% cut. Broader market underperformed the benchmark index as both MIDCAP index and SMALLCAP index closed with 0.73% and 1.80% cut respectively.
• Volatility index (India VIX) closed with 10.79% cut at 10.34 level.
• FII were net sellers as they sold stocks worth Rs 10,404 Cr while DII were net buyers as they bought stocks worth Rs 19,786 Cr during the previous week in the cash segment.
• Globally, equity markets traded mixed as US market (DJIA) closed with 0.22% gain while European markets (STOXX 600) closed with 0.01% cut.

Derivatives

• Derivatives data for Nifty suggest max OI addition at 26400 call and 26000 put with max OI at 26500 call and 26000 put side (09th Nov expiry). Nifty cumulative PCR closed at 1.22 for Dec 05.
• Derivatives data for Bank-nifty suggest max OI addition at 62500 call and 59000 put with max OI at 60000 call and 59500 put side (30th Dec expiry). Bank-nifty cumulative PCR closed at 1.08 for Dec 05.

💡 Want to understand how derivatives drive these market swings?  
Master the basics of stock market derivatives here.

Performance:

Indices

Source: NSE

Sector Gainers/Losers

Source: NSE

FII / DII ACTIVITY (WEEKLY)

Source: NSE

SUPPORT/RESISTANCE LEVEL FOR UPCOMING WEEK

Source: NSE

DAILY EXPONENTIAL MOVING AVERAGE

Source: NSE

TECHNICAL OUTLOOK

NIFTY (WEEKLY)

• Benchmark index traded volatile in the previous week and closed with indecisive candlestick formation on the weekly chart
• Benchmark index is likely to trade rangebound in the coming week
• Benchmark Index has support at 25,900 – 25,700 level and resistance at 26,500 – 26,700 level

BANKNIFTY (WEEKLY)

• Banking index performed in line with the benchmark index and closed with indecisive candlestick formation on the weekly chart
• Banking index is likely to perform in line with the benchmark index in the coming week
• Banking index has support at 59,000-58,500 and resistance at 60,500 -61,000 level

FINNIFTY (WEEKLY)

• FINNIFTY index performed in line with the banking index and closed with indecisive candlestick formation on the weekly chart
• FINNIFTY is likely to trade in line with the banking index in the coming week
• FINNIFTY has support at 27,600-27,400 level and resistance at 28,300-28,500 level.

Turn insights into action — invest in Index ETFs and Derivatives now.  
Open your MNCL Demat Account today!

Market FAQs – Weekly Summary

Before You Trade, Strengthen Your Foundations with These Guides

• For a stronger understanding of indicators such as RSI, VWAP, and trendlines, check our 👉 Technical Analysis Fundamentals section.
• Want to refine your risk-reward planning? Explore our insights on 👉 Position Sizing & Risk Management Strategies.