buy or sell? Muhurat Trading
Previous Day’s Performance (Friday)
The market has been on a bull run for the past few days, characterized by strong bullish sentiments, but profit booking was observed. On Friday, the market crossed the 25,750 level, seeing a one-sided rally. However, there was a dip around 9:50 AM, only after which the 25,750 level was crossed. Following this peak, the market also saw good profit booking on the downside. The closing was near the 25,700 level. If there is no major negative news, the market is expected to cross its all-time high in the coming days.
Global Markets
Asian Market (Morning of 17/10/2025): The Asian markets showed momentum this morning, with the Nikkei and Hang Seng both showing bullishness. Overall, all major Asian markets saw gains today.
Gift Nifty: Bullish sentiment has been seen in Gift Nifty for the past few days.
US Market: The market opened with strength and closed higher.
Nifty 50 Sentiments (Monday, 20/10/2025 Outlook)
The Nifty opened with a slight gap-down this morning and, after taking support at 25,550, touched the 25,750 level. Before reaching this level, there was a dip which provided the best entry point for buying. After crossing the 25,750 level, where the maximum number of sellers were present, the market saw a down-fall, touching the 25,600 level.
Significant profit booking on the buying side has been observed in the market this week.
Nifty Weekly Outlook
The Nifty has been bullish for two weeks and is close to its all-time high. The market has already recovered 80% of the decline it saw after hitting the previous all-time high.
Our support is still holding at 25,150 to 25,000. If we look at the support level below that, it is at 24,300 to 24,350, where the maximum number of buyers have entered.
Nifty 50 Key Levels
Buying pressure is being observed because the market has covered 80% of the previous selling pressure. If the market comes below 25,600 and retests 25,650, we can get a buying side target of 25,650 to 25,700, 25,750, and 25,800. Alternatively, if the market opens above 25,650 and retests 25,650, you can get a buying side entry with a target of 25,650 to 25,700, and 25,700 to 25,750. Since a lot of sellers are still present at 26,000, we should not initiate a downside entry until their Stop Loss (SL) is hit. If the market opens with a gap-down and opens below 25,600 and then retests that level, we can make a sell-side entry with a small SL. The target will only be 25,550 to 25,500. It is favourable if the market stays above 25,600, but we should only enter a trade after a retest.
Muhurat Trading
The market will remain closed on Tuesday, October 21, 2025, due to Lakshmi Puja. However, trading can be done during a special time. The market will be open from 1:45 PM to 2:45 PM.
Is it advisable to trade during Muhurat Trading?
You should avoid trading on that day as you may not see much volume. However, you should definitely consider investing in some stocks on that day.
Bank Nifty
Bank Nifty is trading at its all-time high. It opened with a gap-up last Friday and is trading at a new all-time high. Its strong support is found near 55,600 to 55,600, and the next support is around 53,800. Since it is at an all-time high, the resistance can be anywhere.
Bank Nifty Key Levels
If the market opens above 57,600 and goes up a few points to retest 57,600, we can see it cross 57,800. Our target will be small, at 57,800.
If it opens below 57,600 and does not break 57,600, we will get two downside targets of 57,300 to 57,000.
Since Bank Nifty is at an all-time high, you should wait a little before trading on the buying side, as you will not know what the resistance level is. If a bullish candle forms on the buying side, you can plan a trade with a small SL. Keep a target of 50 to 100 points.
Disclaimer – This information is for educational purposes only and should not be considered financial advice. Always consult your financial advisor before making any investment