expertadvice

Technical View: Bears may take charge if Nifty breaks 25,700 support, Bank Nifty’s next move hinges on 58,000

The weekly options data suggested that 26,000 is expected to act as a strong resistance for the Nifty 50, with key support at 25,500.

Trading Plan: Can Nifty sustain above 26,000, Bank Nifty defend the 58,000 zone?

The Nifty 50 needs to defend 26,000 level consistently for an upmove toward 26,300, followed by 26,500. Until then, consolidation and range-bound trading may continue, with support at the 25,900–25,800 levels, experts said.

Trade Spotlight: How should you trade HUDCO, Hindustan Petroleum Corporation, GAIL, Himadri Speciality Chemical, and others on October 30?

The market needs to surpass the previous day’s high for a further upmove; till then, it may see consolidation. Below are some short-term trading ideas to consider.

Technical View: Nifty at 13-month high, crossing 26,100 crucial for move towards record high; 58,600 key for further uptrend in Bank Nifty

The weekly options data suggested a medium-term target for the Nifty 50 at 27,000, with 26,200 and 26,500 serving as immediate targets—provided 26,000 continues to hold as a crucial support level.

Bulls dominate October series as FPIs unwind shorts, setting the stage for a bullish November expiry

As long as the Nifty sustains above the 25,500–25,600 zone, the bias remains constructively bullish. Traders should adopt a buy-on-dips strategy, focusing on accumulation near supports.

Trading Plan: Will Nifty 50, Bank Nifty break above previous day’s high as November series begins?

According to experts, if the Nifty 50 closes and sustains above the 26,000 level, 26,100 followed by 26,300 can be possible in the upcoming days, with support at 25,800–25,700.

Trade Spotlight: How should you trade TCS, NALCO, Stove Kraft, UPL, IndiaMART InterMESH, SBI Life Insurance, and others on October 29?

The market is expected to remain rangebound until it decisively surpasses last Thursday's high. Below are some short-term trading ideas to consider.

Trade setup for October 29: Top 15 things to know before the opening bells

Experts believe the Nifty 50 is gradually expected to reclaim 26,100, followed by 26,300 (near its previous record high) in the upcoming sessions, once it starts trading above the psychological 26,000 mark. On the downside, support is placed in the 25,850–25,800 zone.

Technical View: Strong closing above 26,000 key for Nifty bulls to march toward record high, Bank Nifty up 6.5% in October series

Experts expect the Nifty 50 to gradually march toward its record high of 26,277 in the upcoming sessions once it starts trading above 26,000. Until then, consolidation and rangebound trading may continue, with immediate support at 25,850–25,800.

Trading Plan: Can Nifty 50 climb toward 26,100, Bank Nifty reach 58,600 on monthly F&O expiry session?

Given the healthy technical and momentum indicators, if the Nifty 50 reclaims and sustains above 26,000, the rally toward 26,100 (previous week’s high) followed by 26,277 (record high) is possible, with immediate support at 25,900, followed by 25,800–25,700 being the key support zone.

Trade Spotlight: How should you trade Amber Enterprises, KFin Technologies, Grasim, Cummins India, Ujjivan Small Finance Bank, and others on October 28?

The market is expected to remain positive and may target the previous week's high in the upcoming sessions. Below are some short-term trading ideas to consider.

Trade setup for October 28: Top 15 things to know before the opening bells

Experts said that if the Nifty 50 index manages to stay above this level, then 26,100 is the level to watch, followed by the record high of 26,277, while immediate support is placed at 25,900, followed by 25,800 (around Monday’s low).

Technical View: Bulls turn strong ahead of monthly F&O expiry, could gain more strength if Nifty reclaims 26,100; Bank Nifty at record closing high

Trading near all-time high levels, the banking index continues to exhibit strong bullish undertones, with all major moving averages and momentum indicators aligned in favour of the bulls.

Chartist Talk: Milan Vaishnav reveals what’s next for Shipping Corporation, Blue Star, HDFC Bank and Bharti Airtel

Milan Vaishnav said he would continue looking at HDFC Bank and Bharti Airtel.

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.