Nifty Weekly Commentary (27th Oct – 31st Oct 2025)
After touching a high of 26,104 (spot) last week, the Nifty 50 will witness a healthy correction during this week, slipping to test levels around 25,450–25,350. The index faced profit booking pressure on Thursday and Friday after a strong upward rally in the previous sessions, as traders booked gains ahead of the weekly expiry.
We see continuation of profit booking from last week’s high. From a technical perspective, Nifty now finds immediate support at 25450 – 25,350, while resistance is placed near 25,900–26,000. A sustained move below 25,350 may invite further weakness, whereas a breakout above 26,000 could resume the upward momentum.
Traders are advised to remain selective and manage positions carefully ahead of the weekly and monthly expiries.
*Disclaimer: This analysis is for educational and informational purposes only. I am not a SEBI-registered Investment Advisor (IA) or Research Analyst (RA). Please consult your financial advisor before making any investment decisions.