Daily
52 Weeks
Daily Low
Daily High
0.00
0.00
Open
0.00
Prev.Close
0.00
Volume
0
Short term - Technical Outlook
The index is trading inside a upward channel. This rising wedge generally signals consolidation with a chance of reversal. Immediate resistance lies around the 56,230 level, identified by a green shaded area on the chart, which may act as a strong supply zone leading to potential reversal or selling pressure. The index is likely to continue oscillating inside this wedge. A decisive breakout above 56,600 would turn bullish. Alternatively, a breakdown below the lower boundary near 55,700 could signal a resumption of the primary downtrend, suggesting renewed selling pressure. Traders should watch these key levels closely to time positions effectively.
Short term Research Report Call
Buy Above: 56150 | Targets: 56240, 56340, 56430 | Stop-loss: 55850
Sell Below: 55830 | Targets: 55730, 55620, 55500 | Stop-loss: 56160
Short term Chart
Long term - Technical Outlook
Bank Nifty took support from the lower levels and is now attempting to make new highs in the coming days. Holding above 56,500 could provide additional support to Bank Nifty. Technically, staying above 56,600 may help maintain a positive sentiment for the Indian market. However, a break below 55,800 could turn unfavorable for Bank Nifty and trigger weakness.
Long term Research Report Call
Buy Above: 56340 | Targets: 56430, 56500, 56640 | Stop-loss: 55840
Sell Below: 56050 | Targets: 55960, 55840, 55740 | Stop-loss: 56160
Long term Chart
October 9th 2025
Resistance 56,100
Support 55,850
Particular
FIIs
DIIs
Net Purchase/ Sales (Cr)
8 Oct 2025
+81.28
+329.96
MTD-May (Cr)
October
-1,980.4
+9,224.82
Nifty traded cautiously near 25,100, reflecting a balanced tone as investors weighed domestic and global cues. The index remains range-bound, with key support at 25,000–25,050 and resistance at 25,180–25,220. A breakout above this range could trigger fresh upside, while failure to sustain may keep markets consolidating.Banking and financials continue to provide support on strong Q2 updates, whereas IT and metals face pressure from global weakness. Overall sentiment stays steady, suggesting a day of consolidation with traders awaiting a decisive move for direction.
October 9th 2025
USA
9th October
USA
9th October
UK
9th October
GERMAN
9th October
Singapore
9th October
Japan
9th October
China
9th October
USA
9th October
October 9th 2025
SBILIFE | 1,810.9 38 2.14 |
JSWSTEEL | 1,173.3 28.1 2.45 |
TATASTEEL | 175.82 3.88 2.26 |
HCLTECH | 1,488.1 34.9 2.4 |
TATAMOTORS | 673.9 -7.65 -1.12 |
TITAN | 3,546.7 -18.9 -0.53 |
MARUTI | 15,897 -115 -0.72 |
AXISBANK | 1,169.6 -11 -0.93 |
Check live levels for all scripts
Buy Above
56178.18
R1
56275.49
R2
56377.23
R3
56558.60
Stop Loss
56063.17
Pivot
56107.40
(All values are in INR)
Sell Below
56036.62
S1
55939.31
S2
55837.57
S3
55656.20
Stop Loss
56151.64
R4 | R3 | R2 | R1 | Pivot | S1 | S2 | S3 | S4 | |
Classic | 57076.75 | 56813.25 | 56549.75 | 56370.90 | 56107.40 | 55928.55 | 55665.05 | 55486.20 | 55307.35 |
Woodie | 57455.61 | 56855.57 | 56570.91 | 56413.22 | 56128.56 | 55970.88 | 55686.21 | 55528.53 | 54801.51 |
Camarilla | 56435.34 | 56313.70 | 56273.15 | 56232.60 | 56107.40 | 56151.50 | 56110.95 | 56070.40 | 55948.76 |
Bullish
Bearish
EMA
SMA
5 Day
47974.68
10 Day
46096.74
20 Day
45037.20
50 Day
43740.24
100 Day
42756.43
200 Day
41463.03
Stoch RSI
50.00
ROC
1.23
Ultimate
67.40
Williams
-13.64
CCI
111.87
Stochastic
83.82
RSI
53.57
Bullish
1
Bearish
2
Neutral
4
ATR
404.04
Low Volatility
MACD
687.35
Bullish
Bullish
1
Bearish
0
Neutral
0
Check all stocks
Stock Name | CMP | Change (%) | Market Cap (Cr.) | Sector | Piotroski Score |
HDFCBANK | 977.1 | -0.1635 | 1501263.77 | Banks | 3 / 9 |
HDFCBANK | 604.5 | 1.0616 | 1501263.77 | Banks | 3 / 9 |
ICICIBANK | 1376.2 | 0.4306 | 983793.7 | Banks | 8 / 9 |
SBIN | 862.1 | 0.4486 | 795771.562 | Banks | 5 / 9 |
KOTAKBANK | 2144.6 | 1.2655 | 426563.05 | Banks | 6 / 9 |
Disclaimer: Investment in securities/commodities market subject to market risk, read all the related documents carefully before investing/trading.
Analyst Certification: I/We, Ayushi Jain Research Analyst, authors, and the name subscribed to this report, hereby certify that all the views expressed in this research report accurately reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report. NISM Research Analyst registration number – NISM-201900015194.