Quote on Pre-Market Comment 07th October 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd
Below the Quote on Pre-Market Comment 07th October 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd
The benchmark Sensex and Nifty indices are expected to open on a positive note on October 07, following GIFT Nifty trends indicating a gains of 46 points for the broader index.
After a positive opening, Nifty can find support at 25,050 followed by 25,000 and 24,950. On the higher side, 25,100 can be an immediate resistance, followed by 25,150 and 25,200.
The charts of Bank Nifty indicate that it may get support at 56,000 followed by 55,900 and 55,800. If the index advances further, 56,200 would be the initial key resistance, followed by 56,300 and 56,400.
The Foreign Institutional Investors (FIIs) extended the selling for the 10th consecutive session as they sold equities of Rs 313 crore on October 6, while Domestic Institutional Investors (DIIs) continued their buying in this month as they purchased equities of Rs 5036 crore on the same day.
INDIAVIX was positive Yesterday up by 1.32% and is currently trading at 10.1925.
The Indian equity market opened on a flat note yesterday and witnessed some initial pressure; however, strong buying from lower levels helped the market recover and move higher. The Nifty index showed strong momentum throughout the session and ended on a positive note, closing above the 25,050 mark. On the daily chart, the index has formed a strong bullish candle for the third consecutive day, indicating sustained buying interest and positive sentiment. Globally, markets traded with mixed cues, while Foreign Institutional Investors (FIIs) continued to remain net sellers, reflecting cautiousness in broader sentiment. On the downside, immediate support is placed at 25,050, followed by 25,000–24,950. On the upside, immediate resistance is seen around 25,100, followed by 25,150–25,200. A decisive move above 25,200 could trigger further fresh buying and extend the upward momentum. The overall trend remains “buy on dips,” though traders are advised to stay cautious and maintain strict stop-losses to effectively manage risk amid heightened volatility.
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