Daily Morning Report Date: 15.10.2025
NIFTY OUTLOOK: 25145.50 FII: -1508.53 cr DII: 3661.13 cr
As discussed yesterday, market behaviour remained on the expected lines during the day. Nifty opened with an uptrend and reached near our level of 25315 (made a day high of 25310.35) but failed to sustain there and slipped to a day low of 25060.55 — close to our support of 25053. On closing, it ended near our level of 25140 i.e. closed at 25145.50.
Further, a long bearish candle appeared on the daily chart of Nifty, suggesting selling pressure at higher levels. Hence, if more selling persists, then on a decisive breakdown of 25099, we may see further downside up to 25053 to 25008. If supply accentuates, it may even test 24962.
However, on the upside, 25191 to 25237 may act as immediate resistance. A breakout and sustained move above these levels may push Nifty towards 25283 to 25330.
Bank Nifty OUTLOOK:
SPOT: 56496.45 PCR: 0.95 Max CE OI: 57000 Max PE OI: 55000
On October 14th, 2025, Bank Nifty closed at 56496.45 (-128.55) (-0.23%). The total movement in the index was 491.15 points during the trading session. The index made a high of 56721.30 and a low of 56230.15.
Technical View:
Important support and resistance levels of Bank Nifty are 56325 and 56895 respectively.
Intraday support and resistance are 56361 and 56632 respectively.
Today’s Intraday Technical Strategy:
Go long above 56632 with stop loss 56586 and target 56767.
Go short below 56325 with stop loss 56406 and target 56226.
The Relative Strength Index (RSI) for the Bank Nifty index is at 64.5. Below 30 is considered oversold and above 70 overbought.
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.
No candlestick Pattern was identified in bank nifty.
Macros:
- Dollar index is @ 98.75
- S&P 500 is @ 19.55 (+2.68 %)
- Brent crude is @ 62.45
- US 10 years bond yield is @ 4.032
Note:
The United States and China on Tuesday began charging additional port fees on ocean shipping firms that transport everything from holiday toys to crude oil, making maritime trade the latest front in the ongoing trade war between the world’s two largest economies.
A return to an all-out trade war appeared imminent last week after China announced a major expansion of its rare earth export controls, while President Donald Trump threatened to raise tariffs on Chinese goods to triple digits.
As far as the Indian economy is concerned, India’s wholesale price inflation (INWPI=ECI) eased to 0.13% year-on-year in September from 0.52% in the previous month, helped by a decline in food and fuel prices, according to government data released on Tuesday. Economists polled by Reuters had projected the wholesale price index to rise 0.5% year-on-year in September.
The International Monetary Fund (IMF) has raised India’s growth forecast by 0.2 percentage points to 6.6% for the 2025–26 fiscal year, citing strong domestic momentum offsetting the impact of high U.S. tariffs on Indian goods. In its World Economic Outlook report, the IMF said the upgrade reflects a “carryover from a strong first quarter,” which more than offsets the rise in the U.S. effective tariff rate on imports from India since July.
However, the IMF lowered India’s growth forecast by 0.2 percentage points to 6.2% for the next fiscal year. The World Bank also recently raised its India growth forecast for 2025–26 to 6.5% from 6.3%, while trimming its projection for the next fiscal year by 20 basis points to 6.3% due to U.S. tariffs.
Conclusion:
Inflation in India remains under control, with a steady downward trend. Both IMF and World Bank have upgraded India’s GDP growth forecast to 6.5% and 6.3%, respectively, despite the tariff impact — a better outcome than analysts’ earlier expectations of a 50–70 bps decline. The IMF’s forecast reflects improved confidence compared to a few weeks ago. India continues to attract attention due to ongoing tax reforms, ample liquidity, and efforts to diversify its trade partnerships, all of which are supporting economic stability and growth prospects.
Contributed by
Ashok bhandari : INH000019549
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