
Pre-Market Outlook – 16.10.2025
Next Rally Leg Nears – Nifty hovers near key resistance, poised for a fresh rally as bullish momentum builds.
Thank you for reading this post, don't forget to subscribe!A steady start is anticipated for Indian equities, with favourable trends observed in global indices. The benchmark indices may experience consolidation with a positive bias for the rest of the day.
As per our behavioural research, a crucial date of 15th October significantly impacted the Nifty by breaking the key resistance level of 25331, which nearly confirms the onset of a new rally phase soon.
Nifty could fluctuate between 25150 and 25365 for the majority of the day. A break in this range may result in reaching levels of 25050 and 25450, respectively.
From a positional standpoint, the index may aim for 25,500 to 25,700 provided it remains above 25,145.
Sectors that could enhance market fluctuations include Realty, Financial Services, Bank, Metal, and Energy.
Stocks of HDFC Asset Management, HDFC Life, Axis Bank, Oberoi Realty, Tata Communication, IRFC, and Angel One might attract attention for improved trading opportunities.
Quarterly outcomes of Infosys, Wipro, Nestle India, Eternal, LTI Mindtree, Jio Financial, Indian Bank, JSW Infra, Kajaria Ceramics, Waaree Energies, Metro Brands, IOB, and Zee Entertainment are to be closely monitored.
Traders are advised to adopt a robust stoploss strategy for every transaction
Wishing everyone a glorious day!
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