Pre-Market Outlook – 20.10.2025
Diwali Momentum Sparkles – Nifty showcased renewed strength as momentum sparkled across sectors, lifting market sentiment. The index extended its winning streak with sustained buying interest and improved breadth, signaling that bulls remain firmly in control. Holding above key support levels reinforces the positive undertone, while a decisive move beyond recent highs could pave the way for the next leg of the rally. Overall, the tone stays constructive as momentum continues to shine bright.
Thank you for reading this post, don't forget to subscribe!Huge Gap Up opening is likely on cards while global indices show mixed activity. The following day’s trend is expected to be range bound between 25700 and 26000. A convincing retracement if any would be tested as an buying opportunity with 26600 followed with 26500 acting as key support areas.
From a positional standpoint, Nifty sustaining 25450 and 25365 levels may give it additional room to reach new highs of 26200/26500 levels.
Traders can also observe that the Nifty remaining above the high and low points of October 15th would create additional strength to witness upward movements.
Sectors such as Bank,Finance, FMCG, Realty, Energy, and IT may dominate markets.
Shares of Reliance Industries, HDFC Bank, ICICI Bank, Ultratech Cements, JSW Steel, PNB, Bank of India, IDBI Bank, IDFC First Bank, Indusind Bank, RBL Bank, Yes Bank, Federal Bank, Dixon Technologies, Hindustan Zinc, and L&T Technologies will be on the watch list for improved trading possibilities.
Traders are advised to implement firm stoploss strategy for every transaction.
Wishing everyone a Blissful & Prosperous Diwali!!!