!Nifty

The market outlook is dominated by a shifted Expiry Day (due to the mid-week holiday). Nifty successfully reclaimed the 25,700 mark today, setting a cautiously bullish tone for the morning session. Nifty 50 Key Levels for Tomorrow The index ended today at 25,713 (+0.55%), displaying a strong late-session recovery. Technical & Expiry Analysis The Expiry Effect: Tomorrow is the Nifty & Bank Nifty Expiry. Expect heightened volatility and potential "short covering" if Nifty sustains above 25,780 in the first hour. Option Chain Data: Heavy Call writing is visible at 25,800 and 26,000, which will act as the "ceiling." On the downside, Put writers are aggressive at 25,500, making it a high-probability reversal zone. RSI Check: The daily RSI has climbed to 51.5, indicating that the neutral phase is shifting toward positive momentum. Sectors in Focus: PSU Banks and Auto are the clear momentum leaders. However, the IT sector remains a drag and might limit the upside if global Nasdaq cues stay weak.