Nifty index opened flattish, and after attempting to cross 26100 levels in the first tick, it failed to hold momentum and dripped lower in the day.S&P BSE Sensex index opened on a flattish note but buying interest was evident in the first half of the session. Bank Nifty index opened marginally lower near 59300 zones but good momentum was seen towards 59550 levels in the first half of the session.

Market Outlook: Technical Call Of The Day & Top 5 Stocks In Focus For December 5, 2025

Nifty Index Continues to Trade in Restricted Uptrend Phase

The Nifty index opened flattish and failed to hold momentum, eventually drifting lower throughout the day. However, it formed a small-bodied bullish candle on the daily frame, negating its lower lows formation of the last three sessions.

Key Levels to Watch:

Resistance: 26150, 26250
Support: 25900, 25800

Option Data Suggests Broader Trading Range

Maximum Call OI is at 26100, followed by 26000 strike, while Maximum Put OI is at 26000, followed by 25900 strike. Call writing is seen at 26100 and 26050 strikes, while Put writing is seen at 26000 and 26050 strikes.

Trading Range:

Broader Range: 25500-26400 zones
Immediate Range: 25800-26200 levels

S&P BSE Sensex Index Sees Mixed Sentiment

The S&P BSE Sensex index opened on a flattish note but saw buying interest in the first half of the session, inching higher towards 85500 zones. However, it witnessed profit booking and volatile swings, keeping intraday sentiment mixed.

Key Levels to Watch:

Resistance: 85500, 85800
Support: 85000, 84700

Bank Nifty Index Faces Challenges

The Bank Nifty index opened marginally lower near 59300 zones but saw good momentum towards 59550 levels in the first half of the session. However, it failed to hold at higher levels and drifted lower towards 59050 zones.

Key Levels to Watch:

Resistance: 59500, 59750
Support: 58750, 58500

Nifty Future Closes Positive

The Nifty future closed positive with gains of 0.20% at 26189 levels. Positive setup is seen in Coforge, Persistent, Hero Motocorp, UPL, Siemens, TCS, APL Apollo, Lupin, and Motherson, while weakness is seen in Kaynes, Biocon, Indigo, JSW Energy, Jindal Steel, Hudco, BPCL, OIL, Eternal, TMPV, and CDSL.

Top 5 Stocks to Watch Out for 5th Dec 2025

1. ITC Hotels:

According to media sources, BAT-linked shareholders are set to sell up to 7% of ITC Hotels via a Rs 2,998-crore block deal, with a floor price of Rs 205.65 per share.

2. HCL Technologies:

HCL Tech has announced a strategic partnership with Strategy to accelerate the global adoption and deployment of Strategy Mosaic, Strategy's AI-powered Universal Semantic Layer, for global enterprise clients.

3. Diamond Power:

The company has received a letter of intent from Adani Green Energy Limited for the supply of 33KV HV Cables and 3.3KV Solar MV Cables worth Rs 747 crore.

4. Deepak Nitrite:

Deepak Nitrite's material wholly owned subsidiary, Deepak Chem Tech Limited, has commenced the manufacturing operations at its Nitric Acid Plant at Nandesari, Dist. Vadodara in Gujarat.

5. SEAMEC Ltd:

The company has entered into a contract with M/s. HAL Offshore Ltd for offering charter hire of the Multi Support Vessel "SEAMEC AGASTYA for deploying the same in the ONGC under ongoing Contract of HAL for 5 years.

Technical Call of the Day:

RITCO Logistics:

RITCO Logistics trades comfortably above its key 40 and 100 EMA levels on the daily chart, reflecting strength in the short to medium time frame. We believe that once it crosses and closes above 284 levels, the stock will likely see further bullish momentum.