Trading Plan: Will Nifty sustain 25,700, Bank Nifty hold 57,600 as markets consolidate?
If the Nifty 50 decisively breaks 25,700 and sustains below it, it can drive the index toward 25,500 in the short term. However, on the higher side, 25,950–26,000 is expected to be a key resistance zone, experts said.
Trade Spotlight: How should you trade Bharat Forge, Bank of Maharashtra, Shriram Finance, Vedanta, Tata Communications, and others on October 27?
Rangebound trading is expected to continue until the benchmark indices trade below the previous week’s high. Below are some short-term trading ideas to consider.
Trade setup for October 27: Top 15 things to know before the opening bells
The Nifty 50 may have entered a consolidation phase in the short term, possibly before resuming its uptrend. A decisive fall below 25,700, the immediate support, can open the door to 25,500, a crucial support level, which could strengthen bearish momentum, experts said.
Chartist talk: Momentum cooling? Sudeep Shah flags caution after shooting-star formations in Nifty, Bank Nifty
Shooting Star candlestick pattern reflects that bulls attempted to drive prices higher but faced selling pressure near the top, said Sudeep Shah.
Use implied volatility as probable top finder: Shubham Agarwal
Predictability of the IV may not be easily tradable for many but the negative relationship of IV with Futures can help in identifying expected Futures movement.
Technical View: Bears can drive Nifty toward 25,500 if Friday's low gets broken next week, Bank Nifty defends 57,600
The weekly options data suggests that the Nifty may trade in the 25,500–26,000 range in the short term, with a broader range between 25,000–26,500.
Trading Plan: Can Nifty 50 sustain above 25,900, Bank Nifty hold 58,000 amid rangebound trading?
The Nifty 50 index is expected to remain rangebound in the upcoming sessions, with immediate support at 25,700, while closing and sustaining above 25,900 can take the index toward the 26,000–26,100 zone, experts said.
Trade Spotlight: How should you trade Kansai Nerolac, Brigade Enterprises, ONGC, Tube Investments, Vedanta, Ramco Cements, and others on October 24?
The market is expected to be rangebound with a positive bias. Below are some short-term trading ideas to consider.
Trade setup for October 24: Top 15 things to know before the opening bells
Experts note that as long as the Nifty 50 index defends the 25,700 zone support, the upmove toward the 26,000–26,100 hurdle cannot be ruled out, followed by the record high of 26,277 — the crucial resistance level beyond which the index would enter uncharted territory.
Technical View: Nifty could consolidate further till it clears 26,100 hurdle for next leg to record highs
Monthly options data suggested that the Nifty 50 is expected to remain within the 25,500–26,500 range in the short term.
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Chartist Talk: Foram Chheda explains why Axis Bank, Bajaj Auto appear promising in F&O expiry week
Foram Chheda noted the Nifty 50 has broken out of a symmetrical triangle pattern, which confirms the potential for an upward move.
Trading Plan: Will Nifty 50 bulls hold fort for a sixth straight session, Bank Nifty break Monday’s peak?
According to experts, the Nifty 50 index may consolidate for a couple of sessions with immediate 25,700–25,500 support before gaining strength for an upward journey toward 26,000–26,300.
Trade Spotlight: How should you trade Voltas, Swiggy, Bank of India, Samman Capital, SBFC Finance, Biocon, and others on October 23?
The market may consolidate for a couple of sessions after the recent sharp rally, though the overall sentiment remains healthy. Below are some short-term trading ideas to consider.
Trade setup for October 23: Top 15 things to know before the opening bells
The Nifty 50 is expected to face a hurdle at 26,000, as decisively surpassing this level could open the door for a move to 26,200-26,300 in the upcoming sessions, provided the index defends support in the 25,750-25,700 zone, according to experts.
Chartist Talk: Metal, defence to surprise in Samvat 2082? Prashant Shah sees Nifty in new territory
Definedge’s Prashant Shah sees Nifty heading beyond 30,000 in Samvat 2082, with metals, defence, and midcaps poised to surprise investors.
All eyes on 26,000: Nifty’s breakout zone could decide the market’s next leg
The Nifty remains firmly positioned in a buy-on-dips setup heading into the monthly expiry, with sentiment tilted positively.
Chartist Talk: Ashish Kyal picks five stocks for Muhurat Trading, extremely bullish on Nifty 50 as Samvat 2082 begins
Top sector picks for the new year are consumer discretionary including auto and auto ancillary, financial sector, and IT, said Ashish Kyal.
Stay fully invested as Indiacharts' Rohit Srivastava sees bull market ahead; mid & small caps set to outperform in Samvat 2082
Chasing growth in midcaps will continue to remain a strategy that will reward long term investors in the year to come, said Rohit Srivastava.
Trading Plan: Can Nifty 50, Bank Nifty break previous day’s high on Muhurat Trading?
The Nifty 50 index is expected to face resistance at the 25,900–26,000 zone on the Muhurat Trading day, while support is placed at 25,700, followed by 25,500 as a crucial level, experts said.
Trade Spotlight: How should you trade ITC, Tata Consumer Products, SBI, Union Bank, JK Tyre, Federal Bank, and others on Muhurat Trading day?
Market sentiment is likely to remain favourable for bulls on the Muhurat trading day. Below are some short-term trading ideas to consider.
Trade setup for October 21: Top 15 things to know before the opening bells on Muhurat Trading
As long as the Nifty 50 sustains above 25,700, a rally towards the 25,950–26,000 zone can't be ruled out before potential consolidation sets in. The crucial support remains at 25,500, experts said.
Technical View: Strong sentiment signals Nifty bullls may eye 25,900-26,000 on Muhurat Trading, Bank Nifty could test 58,500
Weekly derivative data indicated that the Nifty 50 is likely to face resistance in the 25,850–25,900 zone, with support in the 25,800–25,750 range.
Gemstone's Milan Vaishnav bets on 3 stocks for Muhurat trading; says HDFC Bank, ICICI Bank at the start of a new Bull run
HDFC Bank has rebounded off the support area and is moving towards its high and may see a breakout above Rs 1,025 level that could lead the stock to fresh lifetime highs, said Milan Vaishnav.
