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Below the Quote on Weekly Market Wrap 10th October 2025 by Amol Athawale, VP-Technical Research, Kotak Securities

In the last week, the benchmark indices continued their positive momentum. The Nifty ended 1.57 percent higher, while the Sensex was up by 1290 points. Among sectors, Capital Market and IT indices outperformed, with the Capital Market gaining 5.20 percent and the IT index rallying 4.80 percent, whereas the Media index lost the most, shedding 2.75 percent.

During the week, the market successfully cleared the 25,000/81700 mark, and post-breakout, it intensified its positive momentum. Technically, it has formed a long bullish candle on weekly charts and is also trading above the 20-day SMA (Simple Moving Average), which is largely positive. We are of the view  that the 20-day SMA and the 25,000/ 81700 level will act as crucial support zones for short-term traders. As long as the market is trading above 25,000/81700, the uptrend is likely to continue. On the higher side, the market could rally to 25,450–25,500/82900-83100. Further upside may also continue, potentially lifting the index up to 25,700/83700. Conversely, if the market falls below 25,000/81700, the uptrend would become vulnerable. Below this level, traders may prefer to exit their long positions.