Nifty 50, Sensex Today: What to expect from the Indian stock market in the trade on October 15

The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday, amid mixed global market ways, and detect the trends in the gift. The trends on gift Nifty also indicate a positive start to the Indian measure index. The Gift Nifty traded about 25,287 level, a premium of nearly 81 points from the previous Futures’ previous closure. The Indian stock market closed in the red on Tuesday, with Nifty 50 criterion slipping below 25,200 level. The Sensex dropped 297.07 points, or 0.36%, to close at 82,029.98, while the Nifty 50 81.85 points, or 0.32%, lower at 25,145.50. Here is what to expect from Nifty 50 and Bank Nifty Today: Nifty OI data in the derivative segment, the highest Nifty Call open interest (OI) is seen on the 25,200 strike, which provides strong resistance, while the maximum placed interest around the 25,000 levels, which were key support zones for the nearby term, said, the hard matalia, – Investigation – Research. Nifty 50 Prediction Nifty 50 forms a clumsy candle on the daily map, which looks like a clumsy swollen pattern. “A long bear cheeks are formed on the daily map with a minor lower shade. Tuesday’s negative candle engulfed the little positive candle of Tuesday. This is not a good indication, and a little more consolidation or minor weakness in the short term. The daily 10 and 20 periods performed a support for the market on Tuesday. HDFC Securities. Nilesh Jain, Chief Technical and Derivative Research Analyst (Equity Research), Center Broking Ltd. Noticed that the Nifty 50 index found support near his 21-DMA at 25,060 and that he had sharpened sharply to close above the 25,100 level. “Right now, Nifty 50 seems to consolidate within a series of 25,000 – 25,300, which acts as key support and resistance levels, respectively. A definite exposition of more than 25,300 would be needed to activate the next leg of the surge,” Jain said. Dr Praveen Dwarakanath, Vice President of Hedged.in. “Although the candle of yesterday has engulfed the profits of the past three days over the past three days, it did not break the support, indicating the strength of the Bulls. The US -China discussions on the trade war could reduce international tensions, which could be a reason for a possible rally of current levels,” Dwarakanath said. Bank Nifty Prediction Bank Nifty Index fell by 128.55 points, or 0.23%, on Tuesday to close at 56,496,45, with a small, bearish candlestick with a long lower shade on the daily map. “Technically, Bank Nifty index is still trading above its important moving averages, which is an indication of the resilience. The daily RSI remains in the bullish zone, which indicates that momentum is still intact and the index can try to stabilize or recover at the nearby term. derivative research, Asit C. Mehta Investment Intermediates Ltd. In general, we expect Bank Nifty to consolidate Nifty within the 55,800 – 57,000 series with positive bias in the short term, ”says Yedve. 57,000 levels. A move above the same will open further upside down for all time that have been placed about 57,600 levels. Key support is placed at 55,500 – 55,700 levels, which is the confluence of the 20 -day EMA, Bullish Gap area of ​​October 6 and the recent exposition, “said Bajaj Broking Research. Disclaimer: The views and recommendations above are those of individual analysts or brokerage businesses, and See certified experts before making investment decisions.