Futuresnoptions

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 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.

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.

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 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.

Trading Plan: Can Nifty 50, Bank Nifty extend their Diwali rally for a fourth straight session?

Given the powerful rally with encouraging technical and momentum indicators, if the Nifty 50 decisively closes the bearish gap by surpassing 25,740, the upward journey toward 25,900–26,000 can’t be ruled out. However, 25,500 can act as immediate support, experts said.

Trade setup for October 20: Top 15 things to know before the opening bells

Experts believe that the Nifty 50 appears poised for a strong bull run. If it closes and sustains above the long bearish gap of October 3, 2024 (25,740), the first target to watch will be 26,000, followed by 26,200–26,300. This zone coincides with the record high of 26,277, last seen on September 27, 2023. On the downside, immediate support is placed at 25,500.

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 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 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.

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 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 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.

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.

Dalal Street This Week: US-China tariff war, Q2 earnings, India & China inflation among 10 key factors to watch

In the coming week, the market is expected to see some volatility, at least in the upcoming couple of sessions due to a fresh US-China trade tariff war and if that escalates significantly then bears may get strong hold over the market.

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.

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.