Stock Market Technical Analysis | 1st to 7th Sep 2025 Weekly Wrap
08 Sep 2025
Stock Market Technical Analysis
Catch the latest Nifty and stock market weekly wrap as Indian equity markets traded volatile but closed higher. Strong momentum in metals and select stocks supported the equity market, while Bank Nifty lagged. Here’s a quick stock analysis and sector highlights for the week.
Expert recommendation by:
- Mr. Ketan Kaushik - Derivative Analyst
Equity
- Benchmark Index traded volatile in the previous week before closing with 1.29% gain at 24741 level. Banking Index lagged the benchmark index as it closed with 0.86% gain at 54115 level.
- Among the Nifty constituents, M&M and TATASTEEL outperformed the benchmark index as they closed with 11.31% and 8.54% gains while HCLTECH and WIPRO underperformed as they closed with 2.46% and 2.30% cut respectively. Among the Bank Nifty constituents IDFCFIRSTB performed better than the benchmark index as it closed with 6.78% cut while AUBANK underperformed as it closed with 3.31% cut.
- Among sectors, NIFTYMETAL index outperformed the benchmark index during the previous week as it is closed with 5.75% gain while NIFTYIT index underperformed as it closed with 1.55% cut. Broader market outperformed the benchmark index as both MIDCAP index and SMALLCAP index closed with 2.42% and 2.49% gain respectively.
- Volatility index (India VIX) closed with 7.74% cut at 10.73 level.
- FII were net sellers as they sold stocks worth Rs 5,667 Cr while DII were net buyers as they bought stocks worth Rs 13,444 Cr during the previous week in the cash segment.
- Globally, equity markets traded with negative bias as both US market (DJIA) and European markets (STOXX 600) closed with 0.32% and 0.17% cut respectively.
Derivatives
- Derivatives data for Nifty suggest max OI addition at 25100 call and 24000 put with max OI at 25000 call and 24000 put side (09th Sep expiry). Nifty cumulative PCR closed at 0.86 for Sep 05.
- Derivatives data for Bank-nifty suggest max OI addition at 56000 call and 50000 put with max OI at 57000 call and 54000 put side (30th Sep expiry). Bank-nifty cumulative PCR closed at 0.89 for Sep 05.
Performance:
Indices
| INDEX | Close | Weekly % Change |
|---|---|---|
| NIFTY 50 | 24741 | 1.29 |
| BANK NIFTY | 54114.55 | 0.86 |
| FINNIFTY | 25889.3 | 1.26 |
| NIFTYNEXT50 | 67089.8 | 2.04 |
| MIDCAP SELECT | 12778.15 | 2.63 |
| SENSEX | 80749.63 | 1.10 |
| VIX | 10.73 | -7.74 |
Source: NSE
Sector Gainers/Losers
| INDEX | Close | Weekly % Change |
|---|---|---|
| NIFTY AUTO | 26320.6 | 5.45 |
| NIFTY FMCG | 56292.1 | 0.27 |
| NIFTY IT | 34635.85 | -1.55 |
| NFTY METAL | 9681.65 | 5.75 |
| NIFTYPHARM | 21924.8 | 0.55 |
| NIFTY PSE | 9405.1 | 2.20 |
| NIFTYPSUBA | 6855.7 | 1.47 |
| NIFTYPVTBA | 26337.55 | 1.07 |
| NIFTY REALTY | 872.5 | 0.20 |
| NIFTY MEDIA | 1620.45 | 0.52 |
| NIFTY IND DEFENCE | 7518.65 | 1.46 |
| NIFTYMIDCA | 57075.2 | 2.42 |
| NIFTYSMLC | 17655.25 | 2.49 |
Source: NSE
FII / DII ACTIVITY (WEEKLY)
| INDEX | Rs IN CR |
|---|---|
| FII | -5,667 |
| DII | 13,444 |
Source: NSE
SUPPORT/RESISTANCE LEVEL FOR UPCOMING WEEK
| INDEX | BIAS | S2 | S1 | CLOSE | R1 | R2 |
|---|---|---|---|---|---|---|
| NIFTY | VOLATILE | 24200 | 24400 | 24741 | 25200 | 25500 |
| BANK NIFTY | VOLATILE | 52800 | 53300 | 54114.55 | 55200 | 55700 |
| FINNIFTY | VOLATILE | 25300 | 25500 | 25889.3 | 26400 | 26700 |
Source: NSE
DAILY EXPONENTIAL MOVING AVERAGE
| INDEX | CLOSE | 9 DAYS | 21 DAYS | 50 DAYS | 100 DAYS | 200 DAYS |
|---|---|---|---|---|---|---|
| NIFTY | 24741 | 24699 | 24738 | 24789 | 24633 | 24288 |
| BANK NIFTY | 54114.55 | 54239 | 54775 | 55295 | 54874 | 53593 |
| FINNIFTY | 25889.3 | 25876 | 26097 | 26301 | 26064 | 25300 |
Source: NSE
TECHNICAL OUTLOOK
NIFTY (WEEKLY)
- Benchmark index traded volatile in the previous week and closed with indecisive candlestick formation on the weekly chart
- Benchmark index is likely to trade volatile in the coming week.
- Benchmark Index has support at 24,400 – 24,200 level and resistance at 25,200 – 25,500 level
BANKNIFTY (WEEKLY)
- Banking index lagged the benchmark index and closed with indecisive candlestick formation on the weekly chart
- Banking index is likely to trade in line with the benchmark index
- Banking index has support at 53,300-52,800 and resistance at 55,200 -55,700 level
FINNIFTY (WEEKLY)
- FINNIFTY index outperformed the banking index and closed with indecisive 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 25,500-25,300 level and resistance at 26,400-26,700 level.
Disclaimer - Investments in securities market are subject to market risk, read all the related document carefully before investing.
https://www.mnclgroup.com/
