Quote on Pre-Market Comment 17th Sept 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd
Below the Quote on Pre-Market Comment 17th Sept 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd
The benchmark Sensex and Nifty indices are expected to open on a positive note on September 17, following GIFT Nifty trends indicating a gains of 73 points for the broader index.
After a positive opening, Nifty can find support at 25,200 followed by 25,100 and 25,000. On the higher side, 25,300 can be an immediate resistance, followed by 25,400 and 25,500.
The charts of Bank Nifty indicate that it may get support at 55,000 followed by 54,800 and 54,500. If the index advances further, 55,300 would be the initial key resistance, followed by 55,500 and 55,800.
The Foreign institutional investors (FIIs) purchased equities worth Rs 308 crore on September 16, while Domestic institutional investors (DIIs) extended their buying in this month as they bought equities worth Rs 1518 crore on the same day.
INDIAVIX was negative Yesterday down by 1.20% and is currently trading at 10.2725.
The Indian equity market opened on a flat note yesterday, but strong buying interest from the start of the session lifted the Nifty index sharply higher. The index touched an intraday high of 25,261.40 and managed to hold on to its gains, eventually ending the session near the day’s high, just below the 25,250 mark. On the daily chart, Nifty has formed a strong bullish candle, indicating positive momentum and suggesting the potential for further upside if follow-through buying continues. Globally, markets traded with mixed sentiment, while Foreign Institutional Investors (FIIs) turned net buyers, reflecting improving undertones in the broader market sentiment. On the downside, immediate support is placed at 25,200, while strong support lies in the 25,100–25,000 zone. On the upside, 25,300 will act as an immediate resistance, followed by a strong hurdle in the 25,400–25,500 range. As long as the index holds above the 25,000 mark, a buy-on-dips strategy can be adopted. Furthermore, a decisive break and sustained trade above the higher resistance levels could trigger fresh buying opportunities. Traders are advised to remain cautious and maintain strict stop-loss levels to manage risk amid heightened volatility.
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