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Below the Quote on Pre-market comment 16th October 2025 by Amruta Shinde, Technical & Derivative Analyst, Choice Broking

The Indian equity markets are expected to open on a positive to flat note today, as indicated by the GIFT Nifty, which was trading around the 25,473 mark in early trades, reflecting an increase of 48 points. This suggests a cautious market sentiment, influenced by weak global cues and the absence of strong domestic triggers. Investors are likely to track global market trends, crude oil prices, and institutional flows for further direction.

The Nifty 50 had opened on a positive note and traded higher with a strong upward bias in the previous session, eventually closing in the green and signaling sustained bullish sentiment. From a technical perspective, a sustained move above 25,450 could pave the way for a rally toward 25,500. On the downside, immediate support lies at 25,200 and 25,150, which may serve as potential entry points for long trades.

The Bank Nifty also reflected a bullish trend, closing 303 points higher and indicating early signs of renewed buying interest. However, a decisive break below the key support of 56,400 could trigger downside pressure toward 56,500 and 56,200 (200-day EMA). On the upside, resistance is placed in the 57,100–57,200 zone, with a breakout above this range likely to drive momentum toward 57,500.

Foreign Institutional Investors (FIIs) were net buyers of equities worth ?68 crore on October 15, while Domestic Institutional Investors (DIIs) purchased equities worth Rs.4,650 crore on the same day, providing support to the broader market.

In the current environment of heightened volatility and mixed market cues, traders are advised to maintain a cautious buy-on-dips approach, particularly when using leverage. Booking partial profits during rallies and maintaining tight trailing stop-losses is recommended to manage risk effectively. Fresh long positions should be considered only if the Nifty sustains above the 25,500 mark. While the broader market undertone remains cautiously bullish, close monitoring of key technical levels and global developments will be crucial in the sessions ahead.

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