How to trade potential breakout post consolidation: Shubham Agarwal
Call Option compared to a Futures Buy will always have a better reward to risk ratio but the success ratio for Buy Call will always be lower for various reasons.
Chartist Talk: Centrum’s Nilesh Jain bets on 4 stocks for Muhurat Trading to generate alpha in Samvat 2082
Nilesh Jain of Centrum Broking expectss the banking index to potentially surpass the 60,000 mark in the upcoming Samvat year.
Technical View: Bullish momentum signals Nifty targeting 26,000 despite soaring VIX; Bank Nifty hits record close in pre-Diwali session
Weekly derivative data suggested that the Nifty 50 is expected to remain in the 25,500–26,000 range in the upcoming sessions.
Trading Plan: Can Nifty 50 achieve its 2025 peak, Bank Nifty break records before Diwali?
According to experts, the Nifty 50 index is gradually expected to achieve its high (25,669) of the current year, followed by the 26,000 zone. However, support is placed at the 25,400–25,300 zone. Meanwhile, the Bank Nifty is very close to its record high (57,628).
Trade Spotlight: How should you trade HDFC Bank, Marico, Bharat Forge, Ujjivan Small Finance Bank, Hindustan Unilever, Ceat, and others on October 17?
The market trend remains positive, but consolidation cannot be ruled out after the sharp rally. Below are some short-term trading ideas to consider.
Trade setup for October 17: Top 15 things to know before the opening bells
Experts expect the Nifty 50 to reach this year's high of 25,669 soon, followed by 26,000, a crucial resistance level before the record high hurdle. However, the 25,400–25,300 range can act as a support zone.
Technical View: Stellar rally suggests roaring Nifty bulls target June swing high before Diwali, Bank Nifty eyes record high
Weekly options data suggested resistance for the Nifty 50 at 25,700–25,800, with support in the 25,500–25,300 zone.
Trading Plan: Can Nifty 50 break resistance at 25,400, Bank Nifty reclaim 57,000?
According to experts, the Nifty 50 is expected to see a falling resistance trendline breakout (around 25,380), followed by 25,450 as the key resistance — which can open the door for the June high. However, support is placed at 25,150 and 25,060.
Trade Spotlight: How should you trade Adani Ports, Cholamandalam Investment, Prestige Estates, Larsen & Toubro, Bajaj Finserv, and others on October 16?
The market is expected to remain in positive terrain, supported by strength in technical and momentum indicators. Below are some short-term trading ideas to consider.
Trade setup for October 16: Top 15 things to know before the opening bells
The continuation of the higher high-higher low formation and healthy momentum indicators suggest that the Nifty 50 is gradually set to inch toward 24,400-24,500, the September swing high. Beyond that, 25,670 is the crucial hurdle to watch, which could open the door for a record high.
Technical view: Crosing 25,450 crucial for Nifty to touch 25,650, strong support at 25,150
Sensex climbed 575.45 points, or 0.7 percent, to settle at 82,605.43. During the day, it jumped 697.04 points, or 0.84 percent, to 82,727.02.
Trading Plan: Will Nifty 50, Bank Nifty rebound after ongoing consolidation?
If the Nifty 50 index stays above 25,060 (previous day’s low), it may attempt an upmove toward the 25,200–25,300 zone. Above this, 25,400–25,500 are the levels to watch. However, a move below 25,060 can drag the index down toward 24,950 (50-day EMA), experts said.
Trade Spotlight: How should you trade DLF, SBI Life Insurance, TD Power Systems, Torrent Power, IREDA, and others on October 15?
The market may witness range-bound trading until it trades below the previous week's high. Below are some short-term trading ideas to consider.
Trade setup for October 15: Top 15 things to know before the opening bells
If the Nifty 50 breaks below the 25,060 and 24,950 support levels, the bears may take full control. Until then, consolidation and range-bound trading may persist, according to experts.
Technical View: Selling pressure to intensify if Nifty breaks Tuesday’s low; Bank Nifty snaps 4-day gains but holds support trendline
The weekly options data suggested that the Nifty is still expected to trade within the 25,000-25,500 range, with the broader range being 24,500-25,500.
Trading Plan: Can Nifty 50 sustain above 25,150, Bank Nifty extend gains for fourth straight day?
The immediate support for the Nifty 50 is placed at 25,150, followed by 25,000. As long as the index holds these levels, the upward journey toward 25,500, followed by 25,670, can’t be ruled out, experts said.
Trade Spotlight: How should you trade Borosil Renewables, Godrej Properties, Bajaj Auto, SBI, Aditya Birla Capital, Indian Bank, and others on October 14?
The market is expected to consolidate further before entering a firm directional move. Below are some short-term trading ideas to consider.
Trade setup for October 14: Top 15 things to know before the opening bells
The Nifty 50 defended the 25,150–25,200 zone, which can act as immediate support, with 25,000 serving as a key support level. On the higher side, the 25,400–25,500 range is expected to be a key resistance zone. A decisive move above this range could open the door to test the June swing high of 25,670, according to experts.
Technical View: Nifty shows choppy movement, likely to find support at 25,000; Bank Nifty poised for 57,000
The weekly options data suggested that the Nifty 50 is expected to trade in the 25,000-25,500 range in the short term.
Chartist Talk: Milan Vaishnav recommends 2 stocks despite a challenging week for Nifty 50
A lean breakout on the upside will happen only after Nifty takes out 25,600 with a thrust and stays above that. On the downside, the 24,850-24,950 zone is a crucial support area. A clear trend would emerge only above or below the mentioned levels,Milan Vaishnav said.
Trading Plan: Will Nifty 50 stay above 25,000, Bank Nifty hold 55,700 amid global sell-off?
The subdued global sentiment following the US-China tariff war hints at some weakness in the immediate term. Hence, the crucial support is placed at 25,000–24,900 for the Nifty 50, as decisively falling below this level can bring bears back onto the street, experts said.
Trade setup for October 13: Top 15 things to know before the opening bells
The sharp correction in US counterparts on Friday may impact sentiment in Indian equities on Monday. Still, this is unlikely to alter the broader market trend as long as the Nifty 50 continues to sustain firmly above all key moving averages and the midline of the Bollinger Bands, experts said.
Trade Spotlight: How should you trade Tata Communications, IndusInd Bank, CDSL, Kajaria Ceramics, South Indian Bank, JK Paper, and others on October 13?
The market may witness some correction following Friday’s turmoil in US counterparts. Still, technically, the trend remains upward as long as the index stays above all EMAs. Below are some short-term trading ideas to consider.
Chartist Talk: Nifty’s 24,950 support at risk amid fresh US-China trade tensions, warns SBI Securities' Sudeep Shah
While the undertone remains positive, investors should keep an eye on global developments, as renewed tariff tensions between the US and China could inject short-term volatility into the otherwise festive rally, Sudeep Shah advised.
