Nifty Outlook for 25-Oct-2023 based on Option Chain data as on EOD 23-Oct-2023 for Expiry on 26-Oct-2023

Predictive Analytics - Data-driven patterns based prediction

Previous trading day prediction review

Nifty futures was expected to move towards 19460. It did meet the first target that was mentioned and closed at 19262.90

MidcapNifty 0DTE was expected to move towards 8775. It did meet the target. The lows of Midcap Nifty futures reached 8749.

Next trading day prediction

Nifty Outlook for 25-Oct-2023 based on Option Chain data as on EOD 23-Oct-2023 for Expiry on 26-Oct-2023

Data is pointing towards 19200. (Futures)

Nifty spot major support level of 19350 is broken. Next minor support is 19250 and major support at 18750 (Spot)

Note - Global Uncertainties and truncated trading week could cause some disruption.  

Disclaimer - This is not a investment or trading advice / recommendation. It does not look at Technical Analysis or Fundamental Analysis. It is based on quantitative approach using Predictive Analytics. The outcome could be prone to data issues or calculation issues. This post is for information purpose only.  I don't charge or offer any paid service. The higher probability percentage or ranking does not guarantee the actual outcome to be matching with that of predicted outcome. I am not SEBI registered. For more details on Probability Analysis refer the FAQ in link below https://www.marketprobabilityinsights.com/p/what-is-probability-analysis.html  

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