Nifty 50 is rising back again after witnessing a slight dip on Monday. It indicates the absence of strong sellers in the market to drag it lower. In turn it means that fresh buyers are coming into the market at lower levels. That keeps the broader bullish view intact.
Nifty is currently trading at 25,150, up 0.32 per cent. The advance/declines ratio is at 38:12. This is positive.
Nifty 50 Outlook
The outlook is positive. Nifty can rise to 25,250 now. An eventual break above 25,250 will then clear the way for a further rise to 25,500 in the coming days.
Support is at 25,090-25,070 and then around 25,000. The index has to decline below 25,000 to come under pressure for a fall to 24,900. But that looks less likely.
Nifty 50 Futures
The Nifty 50 September Futures (25,260) is up 0.38 per cent. The contract has risen well above the intermediate resistance level of 25,220. The outlook is bullish to see a rise to 25,400-25,600 in the coming sessions.
Support is around 25,150 which has been holding very well. In case the contract declines below this support, a test of 25,090-25,070 is possible during the day. But such a fall looks unlikely as the rise today seems very strong.
Trade Strategy
Traders can go long now at 25,260. Accumulate on dips at 25,220. Keep the stop-loss at 25,130 initially. Trail the stop-loss up to 25,290 as soon as the contract goes up to 25,310. Move the stop-loss further up to 25,330 and 25,410 when the contract touches 25,280 and 25,440 respectively. Exit the long positions at 25,480.
Please note that this trade can be held for a week.
Supports: 25,150, 25,090
Resistances: 25.400, 25.500
Published on September 16, 2025