Pre-Market Outlook – 29.10.2025
Market caught in a tug of hesitation – Nifty is hovering near its immediate support zone, with momentum indicators showing fatigue at higher levels. A decisive breakout above the recent resistance zone could revive bullish momentum, while a slip below immediate supports may trigger a mild corrective phase.
Thank you for reading this post, don't forget to subscribe!The opening trend on Nifty is anticipated in a flat to positive manner following narrow trends in global markets. The remaining day’s trend may turn range bound with mixed bias.
The Nifty may oscillate between 25800 and 26000 for the major portion of the day. A break in the range could lead it moving to 25700 and 26000, respectively.
From a positional standpoint, a close above 26,200 or a decisive breakout beyond 26,300 could pave the way for a near-term target of 26,700 to 27,000. Until then, the index is likely to oscillate between 25,500 and 26,000 over the coming sessions.
Traders may note that Nifty sustaining above October 15th’s high and low could add momentum for further upside.
Metal, PSU Banks, Real Estate, IT, and Energy sectors may drive markets.
Equities like Shree Cement, Jindal Steel, Mahindra and Mahindra Finance, Star Health, Tata Capital, Ideaforge Technology, and Premier Energies are projected to offer better trading opportunities.
Corporate Earnings of Larsen & Toubro, Coal India, Hindustan Petroleum Corporation, LIC Housing Finance, PB Fintech, APL Apollo Tubes, Apollo Pipes, Bharat Heavy Electricals, Brigade Enterprises, CG Power and Industrial Solutions, Fino Payments Bank, Five-Star Business Finance, Mahanagar Gas, NLC India, NMDC, NTPC Green Energy, Radico Khaitan, RailTel Corporation of India, Steel Authority of India, Sanofi India, United Breweries, and Varun Beverages are in high focus.
Traders are advised to keep strict stop loss strategy on all trades.
Wishing everyone a successful day!