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.
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