Quote on Markets 08th October 2025 by Mr. Vikram Kasat, Head Advisory ,PL Capital

Below the Quote on Markets 08th October 2025 by Mr. Vikram Kasat, Head Advisory ,PL Capital
“Gold Rush US Stocks played second-fiddle to gold as the precious metal charged to new highs.?
*Gold futures topped $4,000 an ounce for the first time ever, extending the metal’s best run since 1979. Bullion is up over 50% in 2025.*
Nifty 25108.30
Nifty tried to break above the 61.8% retracement level of 25120 in intraday, but could not close above it. 25120 to 25220 will be the resistance zone
40 HEMA at 24963 will be an important support level and a trailing reversal as well.”
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