Nifty Index Update
The Nifty index opened on a positive note and exhibited persistent buying interest throughout the day, surpassing the psychological 25,000 barrier and inching towards the 25,100 levels. It has gained approximately 500 points over the last three sessions, with sustained strength confirming a bullish undertone. The index has formed a bullish candle on the daily chart and has been making higher highs and higher lows over the past three sessions.
For further upward momentum, Nifty needs to hold above the 25,000 zone, targeting 25,200 and then 25,350 levels. On the downside, supports are visible at 24,900 and 24,850 levels.
**Option Data:**
– Maximum Call Open Interest (OI) is seen at the 25,100 and 25,200 strike prices.
– Maximum Put OI stands at the 25,000 and 24,900 strikes.
– Call writing is noted at 25,100 and 25,200 strikes, while put writing is seen at 25,000 and 25,050 strikes.
This option data suggests a broader trading range between 24,600 and 25,600 zones, with an immediate range from 24,900 to 25,300 levels.
S&P BSE Sensex Update
The Sensex opened positively and moved higher steadily throughout the trading session. Any intraday dips were quickly absorbed, reflecting underlying strength and robust buying interest at lower levels. The index has been forming a pattern of higher tops and higher bottoms over the last three sessions. On the daily chart, it formed a strong bullish candle, signaling accumulation at every level.
The index closed the day with gains of around 580 points. To maintain its upward trajectory, Sensex must hold above the 81,500 level, aiming for 82,100 and then 82,300 zones. On the downside, support is shifting higher to 81,500 and then 81,200 levels.
Bank Nifty Update
Bank Nifty opened with a gap-up near 55,850 and gradually extended momentum towards 56,164 in the first half of the session. It consolidated between 56,000 to 56,150 zones while maintaining an overall positive bias, with buying interest seen at lower levels. The index formed a bullish candle on the daily scale and broke out above the 56,000 range, driven by good buying in selective private banks.
For further gains, Bank Nifty needs to hold above 56,000, targeting 56,250 and then 56,500 levels. Support is seen at 56,000 and 55,750 on the downside.
Nifty Futures
Nifty futures closed positively with gains of 0.70%, settling at 25,181 levels.
Stocks in Focus
**Positive Movers:** Fortis, Nykaa, Delhivery, BSE, Paytm, Shriram Finance, Siemens, AU Bank, SBI Card, Apollo Hospital.
**Weakness seen in:** IREDA, SAIL, Dmart, HFCL, Lupin, Crompton, Torrent Power, Adani Ports, HUDCO, Biocon.
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### Technical Call of the Day: MRPL
MRPL has found strong support near its 200-week EMA, with multiple supports visible around this zone. The stock appears to be forming a **Cup and Handle (CNH) pattern**, which suggests potential bullish continuation.
– A weekly close above Rs 165 will add further strength, with a pattern target range of Rs 180-200.
– The bullish setup remains valid as long as the stock holds above Rs 120 on a weekly closing basis, supported by a positive Super Trend indicator.
**Trade Setup:**
– **BUY MRPL**
– CMP: Rs 147.61
– Stop Loss: Rs 120.00
– Target: Rs 180.00
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### Top 5 Stocks to Watch Out For – 7th October 2025
**1. Dilip Buildcon**
Dilip Buildcon Limited (through DBL-APMPL JV: DBL – 74%, APMPL – 26%) has received the Letter of Acceptance (LOA) for the development of a 100 MW Grid-Connected Ground-Mounted Solar PV Power Project under captive mode. The project will supply power to Madhya Pradesh Jal Nigam for 25 years from commissioning. The order consideration stands at Rs 2.09 per unit with non-DCR panels.
**2. KRN Heat Exchanger**
KRN HVAC Products Pvt Ltd, a wholly-owned subsidiary, has approved signing a Business Transfer Agreement (BTA) with Sphere Refrigeration Systems Pvt Ltd (SRSPL) to acquire the Bus Air-Conditioning division business. This acquisition is expected to enhance revenues and profitability for KRN HVAC.
**3. LTIMindtree**
LTIMindtree announced a multi-year agreement with a leading global media and entertainment company. This partnership deepens their long-standing association and represents LTIMindtree’s largest strategic deal to date. LTIMindtree will support digital transformation efforts focusing on automation, process optimization, and vendor consolidation to boost efficiency and service quality.
**4. Brigade Enterprises**
The company has signed a Joint Development Agreement (JDA) for upcoming premium residential projects in West Chennai, spread over 6.6 acres of land with an estimated Gross Development Value (GDV) of Rs 1,000 crore. The project is strategically located on a major arterial corridor, offering excellent connectivity to Chennai’s industrial and peripheral business districts, aiming to create a premium integrated community catering to evolving urban aspirations.
**5. Zydus Lifesciences**
Zydus Lifesciences has received a Notice of Compliance (NOC) from Health Canada for generic Liothyronine tablets 5 mcg and 25 mcg, used primarily for treating hypothyroidism. The tablets will be manufactured at Zydus’ Ahmedabad SEZ plant. The Liothyronine market in Canada had annual sales of 10.9 million CAD (IQVIA MAT June 2025).
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*Disclaimer: This content is for informational purposes only and should not be considered as financial advice. Investors are advised to perform their own research or consult with a financial advisor before making investment decisions.*
https://www.freepressjournal.in/business/market-outlook-technical-call-of-the-day-top-5-stocks-in-focus-for-october-7-2025
