Nifty 50 seems to be struggling to get a strong follow-through rise. It opened with a gap-up at 25,278.30 and touched an intraday high of 25,310.35 in early trade. But the index has come down sharply from the high, giving back all the gains. Nifty is currently trading at 25,217, down marginally by 0.05 per cent. The advances/ declines ratio is at 25:25. This gives a mixed picture. It indicates that the market can go either way during the day.
Nifty 50 outlook
The Nifty has an important support at 25,150, which has been holding well over the last couple of trading days. A break below this support can increase the downside pressure. Such a break can then drag the Nifty down to 25,100-25,080 initially, and then to 25,000 eventually in the coming sessions.
If the index manages to sustain above 25,150, then a sideways range of 25,150-25,350 is a possibility for some time. A decisive break above 25,350 is needed to strengthen the bullish momentum. Only then will a rise to 25,500-25,600 come into the picture.
For now, we can look for a range of 25,150-25,350. A break-out on either side of this range will then determine the next leg of move.
Nifty 50 futures
The Nifty 50 October futures (25,264) is down 0.18 per cent. The contract has come down sharply from the intraday high of 25,378.10.
Support is in the 25,230 region. A break below it can drag the contract down to 25,180, or even 25,130 in the coming sessions.
The contract has to sustain above 25,230 and bounce back in order to go up to 25,300 and 25,400 again. We will have to wait and watch.
Trade Strategy
The direction of move for the day will become clear based on whether the contract sustains above the support or not. So, it is better to stay out of the market today.
Supports: 25,230, 25,180
Resistances: 25,350, 25,400
Published on October 14, 2025
