Nifty 50 is sustaining its momentum after witnessing a strong rise on Thursday. The index is trading at 25,265, up 0.33 per cent. The advances/declines ratio is at 37:13. This is positive. If trend sustains, Nity can see more rise during the day.
Nifty 50 outlook
Nifty has a key intraday support at 25,200. A fall below 25,250 from here can take the index down to 25,200 during the day. But a break below 25,200 is unlikely. Nifty has potential to target 25,450-25,500 early next week.
The index has to decline below 25,200 to turn the near-term outlook negative. Only in that case a fall to 25,100 will come into the picture.
Nifty 50 futures
The Nifty 50 October futures (25,372) is up 0.4 per cent. The contract has risen well breaking above the intermediate resistance level of 25,300. Outlook is bullish to see 25,480 on the upside.
The contract has to fall below 25,300 to negate the above-mentioned rise. If that happens, a fall to 25,200 can be seen. But such a fall looks unlikely.
Trade strategy
Earlier this week, we had suggested to go long at 25,277 and 25,170. The revised stop-loss for this position will now be at 25,300. Hold the long positions and follow the same strategy. Revise the stop-loss up to 25,380 and 25,440 when the contract touches 25,420 and 24,490 respectively. Exit the long positions at 25,550.
Supports: 25,300, 25,200
Resistances: 25,480, 25,600
Published on October 10, 2025
