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.
Use Options OI for intraday trading: Shubham Agarwal
Since Option Sellers are taking unlimited (better put Unknown) risk to get small premium, they are expected to have better grip on the underlying stock or index’s expected movement.
Technical View: Nifty bulls clear 25,250 resistance, eye September swing high; Bank Nifty hits 78.6% retracement of record high fall
Weekly derivative data suggests that the Nifty50 is likely to face resistance in the 25,400-25,500 range, with support in the 25,200-25,000 zone.
Trading Plan: Can Nifty 50, Bank Nifty defend Thursday’s low amid likely consolidation?
According to experts, a decisive and sustained move above the 25,200–25,250 zone can open the door to 25,450–25,500, followed by 25,670. However, support remains at the 25,000–24,900 zone for the Nifty 50.
Trade Spotlight: How should you trade Mahindra Finance, IDFC First Bank, Tata Steel, BSE, Fortis Healthcare, Swiggy, and others on October 10?
The market may see rangebound trading until it decisively surpasses and sustains Tuesday's high. Below are some short-term trading ideas to consider.
Trade setup for October 10: Top 15 things to know before the opening bells
If the Nifty 50 manages to reclaim and sustain above 25,200 — the key immediate resistance — the levels to watch out for would be 25,350–25,450, provided it continues to defend the 25,000–24,900 support zone, according to experts.
Technical View: 25,200 crucial for further upward journey in Nifty 50, Bank Nifty bulls target 56,500
The weekly options data also highlighted 25,200 as the immediate resistance, with support in the 25,100–25,000 zone for the Nifty 50.
Trading Plan: Can Nifty 50 defend 25,000, Bank Nifty hold above 55,800 amid consolidation?
If the Nifty 50 index decisively manages to take out the 25,200–25,250 zone, a rally toward 25,450 (September high) is possible. Until then, consolidation may continue with support at 25,000–24,900.
Trade Spotlight: How should you trade Federal Bank, NALCO, Eternal, KEI Industries, Karur Vysya Bank, and others on October 09?
The market is expected to consolidate further until a decisive breakout above the previous day's high occurs. Below are some short-term trading ideas to consider.
Trade setup for October 09: Top 15 things to know before the opening bells
Overall, the trend remains in favour of the bulls, as the Nifty 50 sustained well above all key moving averages. As long as the index stays below 25,200, consolidation may continue with support at 25,000–24,900, according to experts.
Trading Plan: Can Nifty 50, Bank Nifty bulls take a breather after significant run up?
Going ahead, 25,200–25,300 is expected to be the immediate hurdle for the Nifty 50, as above it, 25,450 (September swing high) is the level to watch. However, sustaining below it can lead to consolidation with support at 25,000–24,900, experts said.
Trade Spotlight: How should you trade IIFL Finance, JSW Energy, UNO Minda, NLC India, Ashok Leyland, Lodha Developers, and others on October 08?
Overall, the trend remains favourable for bulls, but some consolidation can't be ruled out given the healthy rally in the last few sessions. Below are some short-term trading ideas to consider.
Trade setup for October 08: Top 15 things to know before the opening bells
Technical and momentum indicators remained favourable for bulls, with a continuation of the higher top–higher bottom formation. Hence, if the index decisively surpasses this hurdle, the 25,400–25,500 levels are the ones to watch, provided the 25,000–24,900 zone holds as support, according to experts.
Technical View: VIX supports bulls; Nifty uptrend hinges on 25,200, Bank Nifty needs to surpass Tuesday’s high
The weekly derivatives data indicated that the Nifty may trade in the 25,000–25,500 range in the short term.
Trading Plan: Can Nifty 50 sustain above 25,000, Bank Nifty hold 56,000 zone?
The Nifty 50 is likely to face a hurdle at 25,200–25,250, followed by 25,400–25,450 being key resistance. However, the support is placed at 25,000–24,900, experts said.
Trade Spotlight: How should you trade Bajaj Auto, SBI, Canara Bank, NALCO, Bank of Baroda, HUL, Bajaj Finance, and others on October 07?
The improved sentiment may drive the market gradually toward the September high. Below are some short-term trading ideas to consider.
Trade setup for October 07: Top 15 things to know before the opening bells
If the Nifty 50 manages to defend the 25,000 mark, which is the immediate support, then the levels to watch in the short term are 25,100 and 25,250. However, on the lower side, 24,900 is expected to be a crucial support, according to experts.
Technical View: Nifty bulls break above key EMAs, eyeing 25,200; Bank Nifty trendline breakout above 56,000 points to further rally
Weekly options data suggested that the Nifty 50 may face a hurdle at the 25,200-25,500 range, with support at 24,900.
Trading Plan: Can Nifty 50 target third session of gains, Bank Nifty reclaim 55,800?
For further upward movement, the Nifty 50 needs to reclaim and sustain above 25,000 for a potential move toward 25,100–25,200. However, until then, consolidation may be seen, with immediate support at 24,750, followed by 24,600 as crucial support.
