Nifty 50 is stuck inside a range since the beginning of the week. The trading range for this week so far has been 25,060-25,310. Within this it has been oscillating up and down. Nifty is currently trading at 25,221, up 0.3 per cent. The advances/declines ratio is at 43:7. This is positive. If the trend sustains, there are good chances for Nifty to go up and even make a bullish breakout of the range.
Nifty 50 Outlook
Intermediate supports within the range are at 25,200 and 25,150. If the index manages to sustain above these supports during the day, then a rise to 25,300-25,350 is possible during the day.
A break below 25,150 will increase the chances of a fall towards 25,050-25,000 during the day.
The bias is positive to see a breakout above 25,350 eventually. Such a break can take the Nifty 25,500-25,600 thereafter.
We will have to wait for the range breakout to get clarity.
Nifty 50 Futures
The Nifty 50 October Futures (25,320) contract is up 0.44 per cent. Immediate support is at 25,300. Below that 25,240 is the next important intraday support. As long as the contract stays above 25,240, there are good chances to see a rise to 25,450 during the day.
A break below 25,240 is needed to bring the contract under pressure and drag it down to 25,130-25,100. But that looks less likely.
Trade Strategy
Traders can go long now at 25,320. Accumulate on dips at 25,280. Keep the stop-loss at 25,230. Trail the stop-loss up to 25,360 as soon as the contract goes up to 25,385. Move the stop-loss further up to 25,390 and 25,410 when the contract touches 25,405 and 25,430 respectively. Exit the long positions at 25,450.
Supports: 25,300, 25,130
Resistances: 25,450, 25,600
Published on October 15, 2025
