19-Sep-2025
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Nifty 50 Weekly Outlook
Nifty shows a strong bullish week, closing at 25,352.5, significantly above the Pivot Point of 25,283.26. The index is in a clear uptrend, as all key SMAs (5, 10, 20, 50, 100, and 200-period) are in a bullish alignment. This is further supported by the Moving Average Crossovers, which are all bullish for the short, medium, and long term.
All key momentum indicators—RSI, MACD, ROC, and CCI—are also signaling a strong bullish trend. However, the Stochastic is in overbought territory, which could indicate a potential for consolidation or a minor pullback. The ADX at 9.88 indicates a weak trend, suggesting that while the direction is up, the momentum behind the move is not very strong.
Nifty 50 Chart
Nifty 50 Technical Levels
| Indicator | Level | Indication |
| RSI(14) | 59.04 | Bullish |
| MACD(12,26,9) | 253.78 | Bullish |
| Stochastic(20,3) | 80.26 | Overbought |
| ROC(20) | 4.03 | Bullish |
| CCI(20) | 108.25 | Bullish |
| Williamson%R(14) | -25.7 | Bullish |
| ATR(14) | 535.84 | Low Volatility |
| ADX(14) | 9.88 | Weak Trend |
| Bollinger Band(20,2) | UB: 25,625.46 | |
| LB: 24,130.41 | ||
| SMA20 : 24,877.94 |
Nifty 50 Weekly Forecast
For the next trading day and the coming week, the overall sentiment remains bullish. The index faces immediate resistance at R1 (25,517.78), and a clean break above this level could lead to a rally towards R2 (25,683.06). The Pivot Point (25,283.26) will act as a key support, and a fall below this could see the index re-test S1 (25,117.98). The overbought conditions suggest a "buy on dips" strategy might be prudent, but the overall trend remains positive.
Bank Nifty Weekly Outlook
Bank Nifty concluded the week at 55,494.1, showing strong bullish momentum as indicated by its closing value above the pivot point of 55,369.03. The index is trading above its 5, 10, 50, 100, and 200-period SMAs, all of which are bullish. Key indicators such as RSI, MACD, and ROC are also signaling a bullish trend.
However, a closer look reveals some mixed signals. The Stochastic indicator is neutral, and the Williamson%R is in a bearish zone, suggesting a potential for a near-term pause or correction. The short-term moving average crossover (5 & 20 DMA) is bearish, which could point to some weakness in the coming days. The ADX value of 19.31 also indicates a weak trend, meaning the current rally lacks strong conviction.
Bank Nifty Chart
Bank Nifty Technical Levels
| Indicator | Level | Indication |
| RSI(14) | 55.35 | Bullish |
| MACD(12,26,9) | 578.74 | Bullish |
| Stochastic(20,3) | 47.85 | Neutral |
| ROC(20) | 0.64 | Bullish |
| CCI(20) | -22.6 | Neutral |
| Williamson%R(14) | -53.16 | Bearish |
| ATR(14) | 1244.92 | Low Volatility |
| ADX(14) | 19.31 | Weak Trend |
| Bollinger Band(20,2) | UB: 57,627.08 | |
| LB: 53,538.83 | ||
| SMA20 : 55,582.96 |
Bank Nifty Weekly Forecast
For the next week, the immediate resistance for the Bank Nifty is at R1 (55,960.31). A sustained move above this level could push the index towards R2 (56,426.53). On the downside, the first support is at S1 (54,902.81), followed by S2 (54,311.53). A decisive break below S1 could signal a deeper correction. Given the conflicting signals from different indicators and crossovers, a "buy on dips" strategy might be advisable, but traders should remain cautious and monitor the key pivot levels closely.