Technical View: Nifty rallies for 3rd straight week; 25,150 seen as key support for upside towards 25,500
Weekly options data suggested that the 25,400–25,500 zone may act as a key resistance in the near term, with support likely at the 25,250–25,200 zone.
Trading Plan: Can Nifty 50 hold Thursday’s low, Bank Nifty extend winning streak for 13th consecutive session?
If the Nifty 50 manages to close and sustain above 25,450–25,000 zone in the upcoming sessions, a rally toward the June high of 25,670 is possible. Until then, consolidation may be seen, with immediate support at 25,330–25,250, said experts who advised a buy-on-dips strategy.
Trade Spotlight: How should you trade Kotak Mahindra Bank, Aadhar Housing, Kansai Nerolac, Kfin Tech, Mankind Pharma, Zydus Life, and others on September 19?
The market may see some consolidation, but overall, the mood remains bullish. Below are some short-term trading ideas to consider.
Trade setup for September 19: Top 15 things to know before the opening bells
The 25,500 level is now the next key hurdle for the Nifty 50. Sustaining above this level could open the door for a retest of the June high at 25,669. However, failure to break and sustain above it may result in some consolidation, with 25,330–25,250 acting as a support zone, according to experts.
Technical View: Nifty bulls target June high, Bank Nifty eyes August peak with VIX below 10 on closing basis for first time
The India VIX, the fear index, hit a new all-time closing low on Thursday, falling 3.54 percent to 9.885, signalling more comfort for bulls and low volatility in the short term.
Trading Plan: Can Nifty 50 reclaim 25,400, Bank Nifty surpass 55,600 after Fed interest rate decision?
According to experts, the Nifty 50 is likely to move toward 25,400, followed by 25,500-25,600, as long as it holds 25,150-25,000 as support.
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The trend is likely to remain favourable for the bulls, but some consolidation can't be ruled out. Below are some short-term trading ideas to consider.
Trade setup for September 18: Top 15 things to know before the opening bells
Experts expect the Nifty 50 to reclaim 25,550 and then 25,669 in the upcoming sessions, provided it holds the 25,150–25,000 zone as a crucial support area. A move below this support could invite some selling pressure.
Technical View: Unstoppable bulls eye 25,550 for Nifty; break above 55,600 could ignite new rally in Bank Nifty
The weekly options data indicates that Nifty 50 may face the next resistance at 25,500, followed by 26,000. However, the 25,300-25,200 zone could act as near-term support.
Trading Plan: Can momentum push Nifty 50 beyond 25,250, keep Bank Nifty above 50-DEMA?
Given the strong trend backed by bullish technical and momentum indicators, the Nifty 50 is likely to march toward the 25,350–25,400 zone, followed by 25,550 in the upcoming sessions, provided 25,150 acts as support; below it, 25,000 remains a crucial support.
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The market is expected to maintain bullish momentum after surpassing the August swing high. Below are some short-term trading ideas to consider.
Trade setup for September 17: Top 15 things to know before the opening bells
According to experts, a decisive close above 25,250—which was tested intraday on Tuesday—could open the door for a rally toward 25,400 and 25,550 in the upcoming sessions. However, any bouts of profit booking in Nifty 50 are expected to be used as buying opportunities, with immediate support at 25,150, followed by a key support zone in the 25,000–24,850 range.
Technical View: Nifty bulls gain solid strength after a break, targeting 25,400; Bank Nifty reclaims 50 DEMA
Following Monday’s rally, weekly options data also pointed to 26,000 as the next potential target for the Nifty 50, with key support in the 25,200–25,000 zone.
Trading Plan: Can Nifty 50 defend 25,000, Bank Nifty reclaim 55,000 amid consolidation?
The short-term view is positive in anticipation of short covering; however, one needs to be cautiously bullish unless a complete trend reversal happens.
Trade Spotlight: How should you trade Cochin Shipyard, Olectra, Sarda Energy, Lupin, Siemens, NBCC, Nava, Aditya Birla Real Estate, and others on September 16?
The market may remain consolidative with rangebound trading until the August high is decisively broken. Below are some short-term trading ideas to consider.
Trade setup for September 16: Top 15 things to know before the opening bells
Technical and momentum indicators are still supportive of the ongoing uptrend. On the higher side, 25,150 is expected to be the immediate key hurdle. A decisive break above this level could open the door for a healthy upward move, according to experts.
Technical View: Nifty pauses after 8 days, but bullish trend safe above 25,000; Bank Nifty above 100-DEMA after 3 weeks
Despite the pause, the overall uptrend remains intact as long as the Nifty 50 defends the 25,000 level in upcoming sessions. A successful hold above this level could open the door to 25,154—a crucial hurdle for any further upward movement—followed by 25,250.
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Chartist Talk: Nifty may retest June peak; this aluminium stock could hit record high by September
The June swing high may not sustain, if Nifty fails to have broader participation, said Rahul Ghose.
Trade Spotlight: How should you trade NMDC, Titagarh Rail, Astra Microwave, Lupin, Samvardhana Motherson, Neuland Labs, and others on September 15?
The market may consolidate, but overall, the trend remains favourable for bulls. Below are some short-term trading ideas to consider.
Trade setup for September 15: Top 15 things to know before the opening bells
As long as the Nifty 50 holds above the 25,000 level, the 25,250–25,550 range could be the next levels to watch. However, if it slips below this mark, the 24,800 level—where the 20-day and 50-day EMAs as well as the midline of the Bollinger Bands converge—could act as a crucial support, according to experts.
Chartist Talk: These 2 stocks are the top picks for next week as Nifty eyes breakout toward 25,700
The Nifty 50 index is comfortably trading above its key short-term and long-term moving averages, both of which are beginning to trend upward — a positive sign for the bulls.
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Expectation of not rising for the month can also be monetized by Selling a Call Option of strike price closest to the price at the beginning of the month.
Technical View: Nifty bulls charge ahead with 560-point rally in 8 days; 25,500 target in focus with India VIX at all-time low
The India VIX, generally known as the fear gauge, dropped further and ended at an all-time closing low, adding to market stability and providing comfort for bulls amid reduced uncertainty and low volatility. The index declined 2.29 percent to 10.12, while for the week, it was down 6.1 percent.
