FRIDAY 

24-OCT-2025

 

Nifty index closed bearish with minor upper  shadow indicating profit booking at higher levels-continued structure HH-HL-running above key EMA-RSI around 70-POI:  25850

FLAT to POSITIVE

Today’s Market Prediction:

• Indian stock market Would open POSITIVE
• Technically, Nifty is in the Bullish zone- BankNifty is in the Bullsh zone
• Nifty index formed a bearish candlestick pattern with a minor upper shadow on the daily timeframe.
• India VIX up by 3.85 percent to 11.73 levels.
• ARSS Infrastructure Projects:The company, which is currently in the process of implementing a resolution plan, has received a sub-contract work order worth Rs 164.5 crore from Shivam Condev.
• Indian Hotels Company:The company has infused $25 million as equity in its wholly owned subsidiary in the Netherlands, IHOCO BV. The investment will be utilized by IHOCO BV to further invest in its subsidiaries, for debt repayment, and to meet operational requirements.

Stocks in NEWS:-

• Kaynes Technology India:The company’s subsidiary, Kaynes Holding (Kaynes Singapore), has entered into a Share Purchase Agreement with Frauscher Sensor Technology Group GmbH for the further acquisition of a 7% stake in Sensonic GmbH. Kaynes Singapore already holds a 54% stake in Sensonic GmbH.

• Syrma SGS Technology, Premier Energies:Premier Energies and Syrma SGS Technology have entered into definitive agreements to acquire 100% ownership of KSolare Energy, a leading solar inverter manufacturer, in the ratio of 51:49, respectively, for a total consideration of Rs 170 crore.

• Hero Motocorp:Following expansions in Italy and Spain, Hero MotoCorp has signed a partnership with MotoGB to bring its premium motorcycles to the United Kingdom (UK) market. The company will introduce its advanced Euro 5+ range, featuring the highly anticipated Hunk 440.

• NTPC Green Energy:The company has announced the commercial operation of 9.9 MW wind capacity in Bhuj, Gujarat. This is part of the total 92.4 MW (wind) project in Bhuj of Ayana Renewable Power Four, a subsidiary of Ayana Renewable Power. 

• AGI Infra:The Board of Directors has approved raising funds of up to Rs 500 crore through the issuance of equity shares.

• Kotak Mahindra Bank:The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank to enhance financial and non-financial support for startups across India.

• Himatsingka Seide:The Board of Directors has approved the issuance of equity shares worth up to Rs 500 crore.

• Hexaware Technologies:The IT solutions company has appointed Eravi Gopan as President and Global Head – High Tech, Products, and Platforms. He will lead Hexaware’s global strategy, growth, and client success initiatives across this vertical.

• Highway Infrastructure:The company has received a Letter of Award (LOA) worth Rs 11.76 crore from the National Highways Authority of India (NHAI) for the operation of user fee collection and upkeep of facilities on the 4-lane Ujjain–Garoth section (Packages I, II & III) of NH-752D in Madhya Pradesh.

Market Indication:-

Global:FLAT to POSITIVE

NIFTY:FLAT to POSITIVE

BANKNIFTY:FLAT to POSITIVE

PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, fell to 0.95 on October 23, compared to 1.08 in the previous session.

BULK Deals:Shilchar Technologies,EPack Prefab Technologies etc. 

Stocks In F&O Ban Period:Sammaan Capital

Results Today:Dr Reddy's Laboratories, SBI Life Insurance Company, ITC Hotels, Coforge, Aditya Birla Sun Life AMC, Brigade Hotel Ventures, eClerx Services, Jinkushal Industries, Latent View Analytics, NACL Industries, SBI Cards and Payment Services, Shanthi Gears, Sigachi Industries, Supreme Petrochem, and Vakrangee

 

GIFT NIFTY:  (Positive) 

26007     +47.50     +0.18

FII-DII: DIIs net buy shares worth Rs 3989 crore, FIIs net sell Rs 1508 crore.

NIFTY (25891) The support for the Nifty is: 25860-25805-25710 and the Resistance to the up move is at: 26045-26100-26195 levels.

BANKNIFTY (58078): The support for BankNifty is: 57965-57815-57575 and the Resistance to the up move is at 58440-58590-58830 levels.

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we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade. 

If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point)  then Qty should be taken as per this Risk: 250/5 = Qty 50