Daily
52 Weeks
Daily Low
Daily High
0.00
0.00
Open
0.00
Prev.Close
0.00
Volume
0
Short term - Technical Outlook
Bank Nifty continued to display strength in today’s session, maintaining its bullish structure above key moving averages and forming higher highs on the short-term charts. The index is currently hovering near 58,500, while PSU banks saw mild profit booking after recent gains. Momentum indicators like MACD both reflect a positive undertone, suggesting room for further upside as long as the index holds above immediate supports.Traders can buy on dips near 57,900–58,000 with targets at 58,300–58,850 and a stop-loss below 57,800. The short-term bias stays bullish, with a breakout above 58,500 likely to trigger fresh upside, while a fall below 57,800 could lead to brief consolidation.
Short term Research Report Call
Buy Above: 58080 | Targets: 58160, 58260, 58360 | Stop-loss: 57890
Sell Below: 57800 | Targets: 57700, 57580, 57470 | Stop-loss: 57950
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 58,500 could provide additional support to Bank Nifty. Technically, staying above 58,000 may help maintain a positive sentiment for the Indian market. However, a break below 57,500 could turn unfavorable for Bank Nifty and trigger weakness.
Long term Research Report Call
Buy Above: 58480 | Targets: 58575, 58650, 5870 | Stop-loss: 58300
Sell Below: 58260 | Targets: 58160, 58075, 57940 | Stop-loss: 58400
Long term Chart
October 31st 2025
Resistance 58,330
Support 57,800
Particular
FIIs
DIIs
Net Purchase/ Sales (Cr)
30 Oct 2025
-3,077.59
+2,469.34
MTD-May (Cr)
October
+4,422.45
+45,725.58
Nifty 50 witnessed a mild corrective move in today’s session, ending lower by around 0.45% near the 25,935 mark as investors booked profits after a steady upward run. The sentiment turned cautious following the U.S. Federal Reserve’s recent rate decision, which, while cutting rates as expected, hinted at limited scope for further easing tempering global risk appetite.Sectorally, FMCG, pharma, and metals dragged the index, while financials and select auto stocks provided some cushion. Technically, Nifty faced resistance near the 26,100–26,150 zone, triggering intraday profit booking. The overall structure, however, remains constructive as long as the index holds above the 25,800–25,750 support zone.A decisive move below 25,750 could invite further weakness toward 25,600, while a rebound above 26,150 may revive bullish momentum, opening the path toward 26,300–26,450. For the near term, traders can adopt a buy-on-dips approach with a cautious tone, keeping key supports in focus.
October 31st 2025
USA
31st October
USA
31st October
UK
31st October
GERMAN
31st October
Singapore
31st October
Japan
31st October
China
31st October
USA
31st October
October 31st 2025
| ITC | 424.35 5.6 1.34 |
| MARUTI | 16,423 217 1.34 |
| BAJFINANCE | 1,067.8 15.5 1.47 |
| EICHERMOT | 7,041.5 152.5 2.21 |
| INDIGO | 5,679 -46 -0.8 |
| MAXHEALTH | 1,156.9 -21.6 -1.83 |
| NTPC | 338.6 -6.55 -1.9 |
| CIPLA | 1,508.7 -31.4 -2.04 |
Check live levels for all scripts
Buy Above
57991.76
R1
58123.32
R2
58260.86
R3
58506.04
Stop Loss
57836.28
Pivot
57896.08
(All values are in INR)
Sell Below
57800.40
S1
57668.84
S2
57531.30
S3
57286.12
Stop Loss
57955.88
| R4 | R3 | R2 | R1 | Pivot | S1 | S2 | S3 | S4 | |
| Classic | 58972.35 | 58733.22 | 58494.08 | 58135.22 | 57896.08 | 57537.22 | 57298.08 | 56939.22 | 56580.35 |
| Woodie | 59660.15 | 58673.35 | 58464.15 | 58075.35 | 57866.15 | 57477.35 | 57268.15 | 56879.35 | 56072.15 |
| Camarilla | 58105.25 | 57940.80 | 57885.98 | 57831.17 | 57896.08 | 57721.53 | 57666.72 | 57611.90 | 57447.45 |
Bullish
Bearish
EMA
SMA
5 Day
48502.78
10 Day
46384.79
20 Day
45188.08
50 Day
43802.37
100 Day
42787.80
200 Day
41478.79
Stoch RSI
50.00
ROC
1.72
Ultimate
48.13
Williams
-34.13
CCI
51.52
Stochastic
69.74
RSI
53.57
Bullish
1
Bearish
0
Neutral
6
ATR
404.83
Low Volatility
MACD
788.39
Bullish
Bullish
1
Bearish
0
Neutral
0
Check all stocks
| Stock Name | CMP | Change (%) | Market Cap (Cr.) | Sector | Piotroski Score |
| HDFCBANK | 987.3 | -1.087 | 1518679.15 | Banks | 3 / 9 |
| HDFCBANK | 604.5 | 1.0616 | 1518679.15 | Banks | 3 / 9 |
| ICICIBANK | 1345.3 | -1.2551 | 961742.1 | Banks | 8 / 9 |
| SBIN | 937 | 0.2836 | 864908.843 | Banks | 5 / 9 |
| KOTAKBANK | 2102.2 | -1.6377 | 418000.116 | 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.
