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Below the Quote on Pre-market comment 06th October 2025 by Amruta Shinde, Technical & Derivative Analyst, Choice Broking

Indian benchmark indices are expected to open on a flat note today, with the GIFT Nifty indicating a marginal downtick of 8 points in the Nifty 50. Market sentiment remains cautiously optimistic, although persistent volatility and mixed global cues continue to weigh on investor confidence.

The Nifty 50 moved above the crucial 24,800 mark in the previous session, eventually closing at 24,894.25. On the downside, a breakdown below 24,750 could accelerate weakness toward 24,600 and further to 24,400 (200-day EMA). On the upside, immediate resistance is seen at 25,000, followed by 25,120 and 25,340. A sustained move above these levels would confirm bullish continuation, while failure to cross them could keep the short-term trend range-bound.

The Bank Nifty displayed strength by breaking above the 55,000 mark and registering its second consecutive daily gain. However, if selling pressure re-emerges and the index decisively breaks below 55,140, further downside toward 55,000 and 53,832 (200-day EMA) may unfold. On the upside, immediate resistance is placed at 55,850, followed by 56,000 and 56,400.

On the institutional flows front, Foreign Institutional Investors (FIIs) sold equities worth Rs.1,583 crore on October 3, while Domestic Institutional Investors (DIIs) bought equities worth Rs.489.8 crore on the same day.

Given the prevailing uncertainty and heightened volatility, traders are advised to maintain a cautious “buy-on-dips” stance, particularly in leveraged positions. Booking partial profits on rallies and deploying tight trailing stop-losses remain prudent. Fresh long positions should be considered only if the Nifty sustains above the 25,000 mark. While the broader trend remains cautiously bullish, close monitoring of breakout levels and global market developments will be essential in the sessions ahead.

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