Daily Morning Report Date: 14.10.2025
NIFTY OUTLOOK: 25227.35 FII: -240.10 cr DII: 2333.42 cr
As discussed yesterday, market behaviour remained on expected lines during the day, as profit booking dragged Nifty down to our support level of 25151 (made a low of 25152.3) after a decisive breakdown of 25240.
A long bearish candle engulfed the small bullish candle formed on the previous day’s chart, creating a bearish descending hawk candlestick pattern. Technically, this pattern indicates diminishing buying power and a warning that the current uptrend may be losing momentum. Hence, if Nifty decisively breaks below 25184, it may slip to 25140–25097. If selling pressure intensifies, it could test 25053.
However, there is no clear sign of reversal yet, and this pattern still requires confirmation, indicating that the uptrend remains intact. If Nifty successfully crosses 25271, it may rally to 25315–25357. Strong demand could even push it toward 25400.
BANK NIFTY OUTLOOK:
SPOT: 56625.00 PCR: 1.09 Max CE OI: 57000 Max PE OI: 57000
On 13th October 2025, the Bank Nifty index closed at 56625.00, up by 15.25 points (0.03%). The total movement in the index was 443.50 points during the session, making a high of 56770.90 and a low of 56327.40.
Technical View:
Important support and resistance levels are 56325 and 56895 respectively.
Intraday support and resistance are 56503 and 56747 respectively.
Intraday Technical Strategy:
- Go long above 56747 with a stop loss at 56706 and a target of 56869.
- Go short below 56503 with a stop loss at 56544 and a target of 56381.
The Relative Strength Index (RSI) for the Nifty Bank index is at 66.9. Readings below 30 indicate oversold conditions, while above 70 suggest overbought levels.
Bank nifty Day SMA Analysis:
Bank nifty is trading above 8 out of 8 SMA’s (5, 10, 20, 30, 50, 100, 150, 200 Day).
Bank nifty is trading below 0 out of 8 SMA’s.
One Bullish candlestick Pattern was identified in bank nifty.
• Belt Hold Uptrend
Macros:
1.Dollar index is @ 99.02
2.S&P 500 is @ 19.03
3.Brent crude is @ 63.42
4.U.S. 10 years bond yield is @ 4.06
Note: China has announced a tit-for-tat approach, officially starting to collect special port fees from U.S.-owned, operated, built, or flagged vessels from Tuesday. However, Chinese-built ships will be exempted from these levies, according to state broadcaster CCTV.
The details published by CCTV clarified the exemptions, including ships built by China, empty vessels entering Chinese shipyards for repair, and others deemed exempt from payment.
As far as India is concerned, textile exporters have turned towards European markets while offering discounts to U.S. buyers to offset the 50% tariffs. A Mumbai-based garment exporter, who preferred anonymity ahead of signing new contracts, said his firm is prioritizing diversification into EU markets and that an early trade deal with the bloc would help boost India’s exports.
Contributed by
Ashok bhandari : INH000019549
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