Nifty Outlook :- 06.10.2025 - CFA Hitesh Somani

CFA Hitesh Somani
MD - Aapka Investments 
Website - https://www.aapkainvestments.in

Markets shown a positive recovery in the last week as we said in the last edition. Will this bull run continue ?

After continuous fall for almost 10 consecutive days finally we saw a relief in the markets and nifty recovered from the lower levels. Nifty got a support @24500 levels which we predicted in the last week’s edition and finally nifty is near 25000 levels again. In the last week we saw a sharp recovery from 24600 levels and a steep 250points in single day. Now nifty is at its crucial resistance of 25000 levels as it is a psychological barrier which can hinder the bullish moves, now if nifty manages to close above 25000 levels for atleast 2 days then it would be a very good positive sign for the markets and nifty may hit 25500 and 26000 levels soon but if respects the major resistance level of 25000 and show any bearish moves from those levels then it could definitely go on a downside level i.e 24700 and 24500 levels again but we can expect markets on the positive sides amid Diwali and festive seasons.

Banknifty also shown amazing bullish moves in the last few sessions and is again trading near 55600 levels. You can see our old articles we clearly mentioned that banknifty is comparatively much stronger then nifty this time also banknifty was more bullish compared to nifty. Esepcially we can have a look on PSU banks which can perform better the next few weeks. If banknifty breaks above 56000 in the coming week then we can expect a fresh new life highs in banknifty.

Important Levels for Nifty Next Week

• Major Support Levels for Nifty
• Support 1 – 24750
• Support 2 – 24550     
• Support 3 – 24350

• Major Resistance Levels for Nifty
• Resistance 1 – 25000
• Resistance 2 – 25200
• Resistance 3 – 25400

Important Levels for Banknifty Next Week

• Major Support Levels for Banknifty 

• Support 1 – 55100
• Support 2 – 54700
• Support 3 – 54200 

• Major Resistance Levels for Banknifty
• Resistance 1 – 56000
• Resistance 2 – 56400
• Resistance 3 – 56800

Important Stocks to Watch Next Week

1) PRAJ INDUSTRIES

CMP @ 357.5
Buy Above @ 365
Stop Loss Below @ 328
Targets @ 385, 405 and 425

2) CRISIL

CMP @ 4610
Buy Above @ 4635
Stop Loss @ 4390
Targets @ 4740, 4890 and 5040

3) TATA ELXI

CMP @ 5355
Buy Above @ 5370
Stop Loss @ 5170
Targets @ 5470, 5570 and 5770