Stock Market Technical Analysis | 13th to 19th Oct 2025 Weekly Wrap
23 Oct 2025
Stock Market Technical Analysis
Markets wrapped up the week on a positive note, with banking stocks stealing the spotlight once again. Let’s break down the key movers, sector trends, and derivative cues shaping the near-term outlook.
Expert recommendation by:
- Mr. Ketan Kaushik - Derivative Analyst
Equity
- Benchmark Index traded with positive bias in the previous week before closing with 1.68% gain at 25710 level. Banking Index outperformed the benchmark index as it closed with 1.95% gain at 57713 level.
- Among the Nifty constituents, NESTLEIND and ASIANPAINTS outperformed the benchmark index as they closed with 7.50% and 7.16% gains while INFY and WIPRO underperformed as they closed with 4.87% and 3.14% cut respectively. Among the Bank Nifty constituents ICICIBANK outperformed the benchmark index as it closed with 4.08% gain while IDFCFIRSTB underperformed as it closed with 3.43% cut.
- Among sectors, NIFTYREALTY index outperformed the benchmark index during the previous week as it is closed with 4.14% gain while NIFTYMEDIA index underperformed as it closed with 2.70% cut. Broader market performed mixed as MIDCAP index closed with 0.35% gain while SMALLCAP index closed with 0.06% cut.
- Volatility index (India VIX) closed with 15.15% gain at 11.63 level.
- FII were net sellers as they sold stocks worth Rs 374Cr while DII were net buyers as they bought stocks worth Rs 16,247Cr during the previous week in the cash segment.
- Globally, equity markets traded with positive bias as both US market (DJIA) and European markets (STOXX 600) closed with 1.56% and 0.37% gains respectively.
Derivatives
- Derivatives data for Nifty suggest max OI addition at 26000 call and 25700 put with max OI at 26000 call and 25500 put side (20th Oct expiry). Nifty cumulative PCR closed at 1.21 for Oct 17.
- Derivatives data for Bank-nifty suggest max OI addition at 62000 call and 50000 put with max OI at 57000 for both call and put side (28th Oct expiry). Bank-nifty cumulative PCR closed at 1.18 for Oct 17.
For a deeper dive into how derivatives influence short-term trading moves, explore our guide: Mastering Derivatives Trading: Your Path to Financial Success
Performance:
Indices
| INDEX | Close | Weekly % Change |
|---|---|---|
| NIFTY 50 | 25,709.85 | 1.68 |
| BANK NIFTY | 57,713.35 | 1.95 |
| FINNIFTY | 27,538.60 | 2.59 |
| NIFTYNEXT50 | 69,356.05 | 0.97 |
| MIDCAP SELECT | 13,160.80 | 0.09 |
| SENSEX | 83,952.15 | 1.76 |
| VIX | 11.63 | 15.15 |
Source: NSE
Sector Gainers/Losers
| INDEX | Close | Weekly % Change |
|---|---|---|
| NIFTY AUTO | 27,228.6 | 1.90 |
| NIFTY FMCG | 56,616.4 | 3.00 |
| NIFTY IT | 34,950.7 | -1.85 |
| NFTY METAL | 10,199.3 | -0.61 |
| NIFTYPHARM | 22,253.75 | 0.16 |
| NIFTY PSE | 9,894.55 | -0.27 |
| NIFTYPSUBA | 7,638.75 | -0.74 |
| NIFTYPVTBA | 28,239.95 | 1.72 |
| NIFTY REALTY | 933.75 | 4.14 |
| NIFTY MEDIA | 1,519.6 | -2.70 |
| NIFTY IND DEFENCE | 8,124.35 | 0.35 |
| NIFTYMIDCA | 58,902.25 | 0.35 |
| NIFTYSMLC | 18,122.4 | -0.06 |
Source: NSE
FII / DII ACTIVITY (WEEKLY)
| INDEX | Rs IN CR |
|---|---|
| FII | -374 |
| DII | 16,247 |
Source: NSE
SUPPORT/RESISTANCE LEVEL FOR UPCOMING WEEK
| INDEX | BIAS | S2 | S1 | CLOSE | R1 | R2 |
|---|---|---|---|---|---|---|
| NIFTY | VOLATILE | 25200 | 25400 | 25709.85 | 26000 | 26200 |
| BANK NIFTY | VOLATILE | 56500 | 57000 | 57713.35 | 58500 | 59000 |
| FINNIFTY | VOLATILE | 27000 | 27200 | 27538.6 | 27900 | 28100 |
Source: NSE
DAILY EXPONENTIAL MOVING AVERAGE
| INDEX | CLOSE | 9 DAYS | 21 DAYS | 50 DAYS | 100 DAYS | 200 DAYS |
|---|---|---|---|---|---|---|
| NIFTY | 25709.85 | 25332 | 25164 | 25024 | 24845 | 24493 |
| BANK NIFTY | 57713.35 | 56737 | 56078 | 55648 | 55226 | 54100 |
| FINNIFTY | 27538.6 | 27019 | 26726 | 26524 | 26289 | 25615 |
Source: NSE
TECHNICAL OUTLOOK
NIFTY (WEEKLY)
- Benchmark index traded with positive bias in the previous week and closed with bullish candlestick formation on the weekly chart
- Benchmark index is likely to trade volatile in the coming truncated week
- Benchmark Index has support at 25,400 – 25,200 level and resistance at 26,000 – 26,200 level
BANKNIFTY (WEEKLY)
- Banking index outperformed the benchmark index and closed with bullish candlestick formation on the weekly chart
- Banking index is likely to perform in line with the benchmark index in the coming week
- Banking index has support at 57,000-56,500 and resistance at 58,500 -59,000 level
FINNIFTY (WEEKLY)
- FINNIFTY index outperformed the banking index and closed with bullish candlestick formation on the weekly chart
- FINNIFTY is likely to trade in line with the banking index in the coming week
- FINNIFTY has support at 27,200-27,000 level and resistance at 27,900-28,100 level.
Disclaimer - Investments in securities market are subject to market risk, read all the related document carefully before investing.
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