MARKET TRENDS:

Global cues: Negative
FII: (+459.20 crores)
DII: (+1707.80 crores)
Sentiment: Risky
Market Breadth: Negative
Technicals: Massive Consolidation
F&O: 24500 – 26000 zone.

INDIA VIX 10.10 (-0.17%)
USD/INR Futures (October) (88.78)
NIFTY PCR (28th October) 1.07
Bank Nifty PCR (28th October) 1.12

Nifty Outlook: After last week’s Nifty’s bullish euphoria, caution returns to Dalal Street this Monday — and for now, defensive trades and risk management will likely dominate this week’s playbook.

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 25285):
SUPPORT: 25021/24801
RESISTANCE: 25351/25670
RANGE: 25150-25350
BIAS: Neutral
21 DMA: 25055
50 DMA: 24861
200 DMA: 24189

SENSEX (CMP 82501)
SUPPORT: 81600/81100
RESISTANCE: 82750/83200
RANGE: 82100-83100
BIAS: Neutral
21 DMA: 81738
50 DMA: 81215
200 DMA: 79499

BANK NIFTY (CMP 56610)
SUPPORT: 55600/55000
RESISTANCE: 56900/57630
RANGE: 56200-57200
BIAS: Neutral
21 DMA: 55365
50 DMA: 55130
200 DMA: 53326

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


Gift Nifty is pointing to cautious start for our stock markets.

Please note, the benchmark Nifty will react to the 3-big catalysts:

1) As per the latest, President Donald Trump suggested he may scale back his threat to impose steep new tariffs on China.

2) Wall Street suffered a huge blow-off in Friday’s trade — the worst since April 2025.

3) Wall Street’s rally has stalled after recent record highs, as government shutdown concerns resurfaced.

Bottom-line: Nifty bulls will aim to re-group at lower levels!

Hopefully, Yes!

7:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (-65, 25337)
Dow Futures: (+363, 45842)
Nasdaq 100 Futures (+441, 24662)

Nikkei (Closed, 48089)
Hang Seng (-656, 25634)

Dow Jones (-879, 45480)
Nasdaq Composite (-820, 22204)
Bovespa (-1028, 140680).

WHAT HAPPENED AT WALL STREET IN FRIDAY’S TRADE:

On Friday’s Wall Street ended with steep losses after Trump Threatened “Massive Increase” on China Tariffs. The president was threatening 100% tariffs on China imports above tariffs already enacting.

Amidst this backdrop, Wall Street suffered a huge blow-off in Friday’s trade — the worst since April 2025.

Gold prices ($4046 per ounce) are on the rise and well above psychological $4,000 per ounce as the dollar weakens.

The US dollar index (98.75) has slipped from its two-month high amidst profit booking.

WTI crude oil futures stayed depressed near $59.85 per barrel, as investors weighed a smaller-than-expected OPEC+ output increase against persistent oversupply concerns and weak demand prospects.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


Good Morning Early, Readers!!

The Good News: This Monday morning Wall Street index futures are aiming to rebound after President Donald Trump suggested he may scale back his threat to impose steep new tariffs on China.

6:00 AM GLOBAL UPDATE:

GIFT Nifty 🇮🇳: (-197, 25205)
Dow Futures: (+351, 45830)
Nasdaq 100 Futures (+404, 24626)

Nikkei (Closed, 48089)
Hang Seng (Closed, 26290)

Dow Jones (-879, 45480)
Nasdaq Composite (-820, 22204)
Bovespa (-1028, 140680).

On Friday’s Wall Street ended with steep losses after Trump Threatened “Massive Increase” on China Tariffs. The president was threatening 100% tariffs on China imports above tariffs already enacting.

Amidst this backdrop, Wall Street suffered a huge blow-off in Friday’s trade — the worst since April 2025.

Dow Jones fell −879 points
S&P 500: −2.7%
Nasdaq Composite: −820 points

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantees performance of the intermediary or provides any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


Finally, FIIs emerge as net buyers for the week ended after a long long time.✅🙏🏻

FII Cash: +459.2 Cr.
DII Cash: +1,707.8 Cr.

FII Idx Fut: +859.2 Cr.
FII Idx Opt: +9977.1 Cr.
Stk Fut: +1,787.9 Cr.
Stk Opt: +292.4 Cr.

FII Week Till Date
FII Cash: +2,975.6 Cr.
DII Cash: +8,391.2 Cr.

FII/DII Month till Date
FII Cash: -213.0 Cr.
DII Cash: +11,797.1 Cr.

FY-26 Till Date
FII Cash: -1,09,673.4 Cr.
DII Cash: +3,95,343.2 Cr.

Gift Nifty at 18:54 (25430, +28)


Dalal Street Cheers! Nifty ends the week with a bang amid Optimism on India–US Trade talks.

NIFTY (+104, 25285)
Sensex (+329, 82501)
Bank Nifty (+418, 56610)

Much of this week’s rally was on backdrop of high-quality stocks — Indicating serious high conviction risk-on theme to prevail in the near-to-medium term.

Well, what began as a dovish RBI-driven rally has started to broaden out indicating, ‘Happy days are here again’!

For the day, Bank Nifty (+0.74%) and especially, PSU Bank Index (+1.64%) led the rally, with SBI (+2.22%) emerging as the top performer on the Nifty-50.

Maruti Suzuki (+1.88%), Axis Bank (+1.29%), NTPC (+0.88%), and Adani Ports (+1.12%) were the top notable gains.

Interestingly, Nifty Pharma (+1.37%) index zoomed, amid renewed optimism over India–US trade dialogue.

The Positive Catalyst: PM Narendra Modi speaking with U.S. President Donald Trump, reaffirming commitment toward advancing the India–U.S. trade pact — a development that shall strengthen investor sentiment at Dalal Street.

Earlier, Piyush Goyal emphasized that both nations are in continuous dialogue, expressing confidence that the bilateral trade deal could be finalized by November.

Bottom-line: Animal Spirits Unleashed — conviction bargain hunting buying drives Nifty towards this week’s high.

Adv-Dec 37—13

INDIA VIX 10.10 (-0.20%)

NIFTY PCR (14th OCT) 1.41

NIFTY PCR (28th OCT) 1.07

USD/INR Futures (Sep) (-0.13%, 88.76)

SECTOR GAINERS:

NIFTY REALTY (+1.67%)
NIFTY PSUBANKS (+1.67%)
NIFTY PHARMA (+1.29%)

SECTORS LOSERS

NIFTY METAL (-0.91%)
NIFTY IT (-0.05%)

TODAY’S MARKET RE-CAP:

1) Banking stocks were in spotlight as the Nifty Bank index jumped 0.74% and most importantly, is now racing towards its all-time-high at 57628.40 mark.

2) Nifty (+0.41%) opened on a firm footing and the positive takeaway was that the benchmark marched higher from strength to strength and ended on a bullish note.

Nifty gained for the 2nd consequtive week and is now way above its 21 DMA (25055), 50 DMA (24861) and its 100 DMA (24957).

Nifty’s 200 DMA at 24189 mark.

3) The market breadth (37:13) was in favour of the bulls.

4) Nifty Mid-cap (+1.33%) and Nifty Small-cap (+0.68%) indices ended with modest gains.

STOCKS IN SPOTLIGHT:

1) Cipla (+3.08%) was key top outperformer in Nifty Pharma space.

Natco Pharma shares jumped 3.51%.

2) JSW Steel eased 0.65% despite reporting a solid operational performance. The company’s consolidated steel production in Q2 FY26 stood at 7.90 million tonnes, marking a 17% YoY growth from 6.77 million tonnes in Q2 FY25.

3) For the day, Bank Nifty (+0.74%) and especially, PSU Bank Index (+1.64%) led the rally, with SBI (+2.22%) emerging as the top performer on the Nifty-50.

4) Maruti Suzuki (+1.88%), Axis Bank (+1.29%), NTPC (+0.88%), and Adani Ports (+1.12%) were the top notable gains.

BULLS OF THE DAY:

CIPLA (+3.63%)
SBIN (+2.22%)
MARUTI (+1.88%)
BAJAJ AUTO (+1.51%)
DRREDDY (+1.44%)

BEARS OF THE DAY:

TATASTEEL (-1.46%)
TCS (-1.10%)
HDFCLIFE (-0.74%)
JSWSTEEL (-0.63%)
TITAN (-0.53%)

OUR VIEW FOR MONDAY’S TRADE

5) Technically, the next goal post for Nifty is seen at 25670 mark ( High as on June 30th 2025).

Bottom-line: Happy days are here again at Dalal Street.

ALL ABOUT NIFTY:
Nifty (CMP: 25285)
Support: 25177/25000
Resistance: 25401/25670
Range: 25187-25372
21 DMA: 25055
50 DMA: 24861
200 DMA: 24189
Trend: Positive

BULLISH LOOKING STOCKS:

FEDERALBNK

NTPC

SAMMAANCAP

BULLISH LOOKING STOCKS (LONG TERM):

HBL ENGINEERING

L&T

BEL

BEARISH LOOKING STOCKS:

HDFCLIFE

TATAELXSI

MUTHOOTFIN

STOCKS TO AVOID:

IEX

HDFCAMC

KEI

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


A choppy start is quite likely as IT stocks will be in on traders’ radar after Tata Consultancy Services came out with its September quarter earnings.

We will spy with one big on how the street will react to TCS’ announcement of a new entity dedicated to building world-class AI infrastructure.

Meanwhile, in Washington, the political stalemate-the US government shutdown persisted.

Bottom-line: A bullish consolidation day ahead with stock specific activity commanding investors’ attention.

9:00 am GLOBAL UPDATE:

GIFT Nifty : (-3, 25257)
Dow Futures: (+61, 46420)
Nasdaq 100 Futures (+61, 25159)

Nikkei (-480, 48100)
Hang Seng (-309, 26443)

Dollar Index (-0.06%, 99.33)
WTI OIL (-0.03%, 61.49)
Gold (-5, 3969)

Securities in Ban for Trade Date: Friday, October 10th 2025*
RBL BANK

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

🇮🇳 🇮🇳 🙏🏻


INDEX Derivatives
Previous FUTURE Closing to SPOT

NIFTY on 09.10.25 @ +98

NIFTY on 08.10.25 @ +67

NIFTY PCR

NIFTY – 1.02

BANKNIFTY PCR

BANKNIFTY – 1.06

MAX CE OI

NIFTY – 26000, 25500

BNF – 57000

SHORT Covering

NIFTY – 24600-25500

MAX PE OI

NIFTY – 26000, 25500

BNF – 55000

LONG Unwinding

23800-24800

STOCK Derivatives:

Long Buildup: # SAIL # TATASTEEL # NYKAA # ASHOKLEY

Long Unwinding: # AUBANK # TVSMOTOR # KEI

Short Buildup : # KAYNES # UNOMINDA # POLICYBZR

Short Covering : # NHPC # CONCOR # PNBHOUSING

Stocks banned in F&O Segment: RBLBANK

New in Ban: NIL

Out of Ban: NIL

October 9th 2025 FII/DII:

FII : +1308.16 crores.

DII: +₹ 864.36 crores

BSE Derivatives Data

SENSEX Futures on 09.10.25 @ +358
SENSEX Futures on 08.10.25 @ +362

SENSEX PCR
0.90

BANKEX PCR
1.81

MAX CE OI

SENSEX – 83000

BANKEX – 62000

MAX PE OI

SENSEX – 82000

BANKEX – 61500

Happy Trading Day ahead

Disclaimer: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


TOP SECTORS:

Bullish Sector: METALS, PSUBANKS, INFRA, DEFENCE

Bearish Sector: MEDIA, FMCG

STOCKS TO WATCH:

BULLISH STOCKS (Long Build-up+ Short Covering): LARSEN, HBL ENGINEERING, Syrma SGS Technology, Privi Speciality Chemicals, JLHL, BHARTI AIREL, NAM INDIA, BANK OF BARODA, RAILTEL, PNB, MANAPPURAM, HDFC BANK, DLF, AU BANK, CHOLAMANDALAM FINANCE, SAFARI.

BEARISH STOCKS (Long Unwinding + Short Buildup): COAL INDIA, TATAMOTORS, BHARAT FORGE

Our chart of the day is bullish on HUDCO, DLF, and HAL on any early excessive intraday weakness with an interweek/Intermonth perspective

The 1 stock to BUY right now:

Buy MANAPPURAM (CMP 294): Buy at CMP. Stop at 269. Targets 301/313. Aggressive targets at 329. (Interweek Strategy). Rationale: Signaling a massive breakout on the upside. Aiming to enjoy strong session after recent outperformance. Key interweek support 274. Major hurdles only at 301 mark. 200-DMA at 238.

Happy Trading Day ahead

Disclaimer: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


GIFT Nifty 🇮🇳: (-25, 25235)

There is good news for bulls camp…

Well, PM Narendra Modi spoke with U.S. President Donald Trump, reaffirming commitment toward advancing the India–U.S. trade pact — a development that shall strengthen investor sentiment at Dalal Street.

Earlier in the week, Commerce & Industry Minister Piyush Goyal had emphasized that both nations are in continuous dialogue, expressing confidence that the bilateral trade deal could be finalized by November.

Together, these signals could fuel renewed enthusiasm among traders betting on a sustained bullish momentum for Nifty.

Meanwhile, the street will first react to TCS Q2.

TCS, India’s largest IT services organisation, reported a 1.4% rise in consolidated net profit to Rs 12,075 crore during July-September quarter. Quarter-on-quarter analysis showed a 5.3% decrease in profit, whilst revenue grew by 3.7%. The company reported Total Contract Value (TCV) of $10 billion for the second quarter.

Bottom-line: TCS results meets streets’ expectation.

Please note, overnight INFY ADR was up around 1.5%-2%.

Amidst this backdrop, we expect bullish consolidation to be the preferred theme for the day.

Long Story Short: The only thing which could glitter brighter than Gold and Silver could well be the Nifty index – confirmation of strength only above Nifty 25250 mark.

STOCKS IN SPOTLIGHT

1) Eicher Motors (-0.33%) slipped after the company announced that its joint venture, VE Commercial Vehicles (VECV), will invest ₹544 crore to produce and assemble the Volvo Group’s globally acclaimed 12-speed automated manual transmission (AMT).

2) Tata Steel (+2.48%) gained after the company’s India crude steel production surged 7% to 5.67 million tons in Q2 FY26 compared with 5.28 million tons in Q2 FY25. The growth was driven by the normalisation of operations following the completion of the relining of the G Blast Furnace at Jamshedpur. On a half-year basis, production increased 3% YoY to 10.9 million tons.

3) Tata Elxsi (+2.07%) was seen rebounding in yesterday’s trade. Tata Elxsi reported a 7.2% sequential rise in net profit to ₹154.8 crore for the quarter ended September 2025, compared with ₹144.4 crore in the previous quarter.

Revenue grew 2.9% quarter-on-quarter to ₹918.1 crore, while EBIT increased 4.7% to ₹169.9 crore.

4) Meanwhile, LG Electronics India IPO subscribed 54.02 times. The offer received bids for 385.33 crore shares as against 7.13 crore shares on offer.

Now, before we get into detail of today’s trading session, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25182): Buy at CMP. Stop at 24771. Targets 25250/25450. Aggressive targets at 25670-26000 zone.

Bank Nifty (56192): Buy at CMP. Stop at 54950. Targets 56500/56900. Aggressive targets at 57300-57700 zone.

Our chart of the day is bullish on HUDCO, DLF, and HAL on any early excessive intraday weakness with an interweek/Intermonth perspective.

The 1 Stock to Buy Right Now: Buy MANAPPURAM (CMP 294): Buy at CMP. Stop at 269. Targets 301/313. Aggressive targets at 329. (Interweek Strategy). Rationale: Signaling a massive breakout on the upside. Aiming to enjoy strong session after recent outperformance. Key interweek support 274. Major hurdles only at 301 mark. 200-DMA at 238.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.


MARKET TRENDS:

Global cues: Negative
FII: (+1308.20 crores)
DII: (+864.40 crores)
Sentiment: Bullish
Market Breadth: Positive
Technicals: Massive Rebound Play
F&O: 24500 – 26000 zone.

INDIA VIX 10.12 (-1.87%)
USD/INR Futures (October) (88.85)
NIFTY PCR (28th October) 1.02
Bank Nifty PCR (28th October) 1.06

Nifty Outlook: Optimism, nervousness, and anxiety shall continue share the stage on Dalal Street in today’s trade.

That said, a phase of constructive bullish consolidation remains the preferred trading setup.

WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 25182):
SUPPORT: 25021/24900
RESISTANCE: 25301/25670
RANGE: 25050-25300
BIAS: Positive
21 DMA: 25040
50 DMA: 24852
200 DMA: 24180

SENSEX (CMP 82172)
SUPPORT: 81600/80900
RESISTANCE: 82500/83141
RANGE: 81700-82700
BIAS: Positive
21 DMA: 81687
50 DMA: 81191
200 DMA: 79477

BANK NIFTY (CMP 56192)
SUPPORT: 55600/55000
RESISTANCE: 56900/57630
RANGE: 55800-56800
BIAS: Positive
21 DMA: 55267
50 DMA: 55123
200 DMA: 53297

Nifty: In yesterday’s trade, Nifty started the session on a front foot and the positive takeaway was that the bullish momentum prevail all-thru the trading session. Blame it on bargain huting and value buoying as bulls aimed to take control on backdrop of improving leads from Wall Street and Asian stock markets.

Nifty’s 100 DMA is at 24951 mark.

Nifty’s all-time-high continues to be at 26277.35 mark.

The technical landscape suggests Nifty’s major support at 24021/24900/24747/24337 mark.

Nifty’s hurdles seen 25250/25670 mark.

Nifty’s 200 DMA at 24180 mark.

Nifty’s chart of the day suggests the benchmark may trade with bullish bias with Nifty’s biggest intraday hurdles at 25250 and then aggressive targets at 25670 mark on closing basis. Bias is bullish.

Bank Nifty: In yesterday’s trade, Bank Nifty started the session on a positive footing, and the positive takeaway away was that the benchmark ended the session above the dotted lines and on a bullish note.

Bank Nifty’s all-time now is at 57628.40 mark.

Bank Nifty was seen slightly underperforming Nifty’s rebounding action, ending 0.31% higher as against Nifty’s 0.54% gains.

Interestingly, Nifty PSU Banks ended 0.61% higher while Nifty Private Bank Index ended with 0.40% gains.

Intraday support for Bank Nifty now seen at 55600/55000 mark and then at 53500 mark on closing basis.

In today’s trade and in near term, Bank Nifty is likely to face resistance at 56900/57630 mark. Bank Nifty’s 200-DMA is placed at 53297 mark. Bias on Bank Nifty continues to be bullish.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

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