Powered by: Motilal Oswal
2025-10-03 09:30:21 am | Source: Kotak Securities Ltd
Quote on Market Morning Inputs 03rd October 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities
Quote on Market Morning Inputs 03rd October 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities

Below the Quote on Market Morning Inputs 03rd October 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities

 

Technically, after a muted opening, the market not only held the positive momentum but also successfully cleared the short-term resistance zone of 24,800/80,800. On daily charts, it has formed a long bullish candle and also a reversal formation, which supports a further uptrend from the current levels.

We are of the view that 24,800/80,800 and 24,700/80,500 are key support zones for day traders. As long as the market trades above these levels, a pullback formation is likely to continue. On the higher side, it could move up to 24,950–25,000/81,300–81,500. Further upside may also continue, potentially lifting the market up to 25,075/81,700. However, below 24,700/80,500, market sentiment could change. Below these levels, traders may prefer to exit their long positions.

 

 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here