Stock Market Technical Analysis | 8th to 14th Sep 2025 Weekly Wrap
15 Sep 2025
Stock Market Technical Analysis
Indian equity markets extended gains with Nifty closing above 25,100, supported by strong moves in defence and select large-caps, even as FIIs remained sellers. Here’s your weekly wrap of key market movers, sector trends, and derivatives outlook.
Expert recommendation by:
- Mr. Ketan Kaushik - Derivative Analyst
Equity
- Benchmark Index traded with positive bias in the previous week before closing with 1.51% gain at 25114 level. Banking Index lagged the benchmark index as it closed with 1.28% gain at 54809 level.
- Among the Nifty constituents, BEL and BAJFINANCE outperformed the benchmark index as they closed with 7.69% and 7.00% gains while TRENT and TITAN underperformed as they closed with 7.21% and 2.55% cut respectively. Among the Bank Nifty constituents AXISBANK outperformed the benchmark index as it closed with 4.68% gain while INDUSINDBK underperformed as it closed with 2.19% cut.
- Among sectors, NIFTYDEFENCE index outperformed the benchmark index during the previous week as it is closed with 7.00% gain while NIFTYMEDIA index underperformed as it closed with 0.04% gain. Broader market outperformed the benchmark index as both MIDCAP index and SMALLCAP index closed with 2.02% and 1.90% gains respectively.
- Volatility index (India VIX) closed with 5.68% cut at 10.12 level.
- FII were net sellers as they sold stocks worth Rs 3,578 Cr while DII were net buyers as they bought stocks worth Rs 13,703 Cr 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 0.95% and 1.03% gains respectively.
Derivatives
- Derivatives data for NIFTY suggest max OI addition at 25150 call and 25100 put with max OI at 26000 call and 25000 put side (16th Sep expiry). Nifty cumulative PCR closed at 1.29 for Sep 12.
- Derivatives data for BANKNIFTY suggest max OI addition at 55000 for both call and put with max OI at 57000 call and 54000 put side (30th Sep expiry). Bank-nifty cumulative PCR closed at 1.05 for Sep 12.
Performance:
Indices
| INDEX | Close | Weekly % Change |
|---|---|---|
| NIFTY 50 | 25114 | 1.51 |
| BANK NIFTY | 54809.3 | 1.28 |
| FINNIFTY | 26363.25 | 1.83 |
| NIFTYNEXT50 | 68194 | 1.65 |
| MIDCAP SELECT | 13083.05 | 2.39 |
| SENSEX | 81904.7 | 1.48 |
| VIX | 10.12 | -5.68 |
Source: NSE
Sector Gainers/Losers
| INDEX | Close | Weekly % Change |
|---|---|---|
| NIFTY AUTO | 26866.65 | 2.07 |
| NIFTY FMCG | 56557.15 | 0.47 |
| NIFTY IT | 36110.75 | 4.26 |
| NFTY METAL | 9883.6 | 2.09 |
| NIFTYPHARM | 22341.2 | 1.90 |
| NIFTY PSE | 9658.65 | 2.70 |
| NIFTYPSUBA | 7057.05 | 2.94 |
| NIFTYPVTBA | 26717.8 | 1.44 |
| NIFTY REALTY | 884.35 | 1.36 |
| NIFTY MEDIA | 1621.05 | 0.04 |
| NIFTY IND DEFENCE | 8044.7 | 7.00 |
| NIFTYMIDCA | 58227.2 | 2.02 |
| NIFTYSMLC | 17989.9 | 1.90 |
Source: NSE
FII / DII ACTIVITY (WEEKLY)
| INDEX | Rs IN CR |
|---|---|
| FII | -3,578 |
| DII | 13,703 |
Source: NSE
SUPPORT/RESISTANCE LEVEL FOR UPCOMING WEEK
| INDEX | BIAS | S2 | S1 | CLOSE | R1 | R2 |
|---|---|---|---|---|---|---|
| NIFTY | POSITIVE | 24600 | 24800 | 25114 | 25500 | 25800 |
| BANK NIFTY | POSITIVE | 53500 | 54000 | 54809.3 | 55800 | 56300 |
| FINNIFTY | POSITIVE | 25900 | 26100 | 26363.25 | 26750 | 27000 |
Source: NSE
DAILY EXPONENTIAL MOVING AVERAGE
| INDEX | CLOSE | 9 DAYS | 21 DAYS | 50 DAYS | 100 DAYS | 200 DAYS |
|---|---|---|---|---|---|---|
| NIFTY | 25114 | 24890 | 24823 | 24818 | 24663 | 24320 |
| BANK NIFTY | 54809.3 | 54453 | 54677 | 55150 | 54837 | 53636 |
| FINNIFTY | 26363.25 | 26068 | 26111 | 26268 | 26069 | 25340 |
Source: NSE
TECHNICAL OUTLOOK
NIFTY (WEEKLY)
- Benchmark index traded with positive bias in the previous week, closing with bullish candlestick formation on the weekly chart
- Benchmark index is likely to trade with positive bias in coming week.
- Benchmark Index has support at 24,800 – 24,600 level and resistance at 25,500 – 25,800 level
BANKNIFTY (WEEKLY)
- Banking index lagged the benchmark index however; it also closed with bullish candlestick formation on the weekly chart
- Banking index is likely to trade in line with the benchmark index
- Banking index has support at 54,000-53,500 and resistance at 55,800 -56,300 level
FINNIFTY (WEEKLY)
- FINNIFTY index outperformed the banking index and it 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 26,100-25,900 level and resistance at 26,750-27,000 level.
Disclaimer - Investments in securities market are subject to market risk, read all the related document carefully before investing.
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