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10 Sep 2025
Market View - September 10, 2025
The Indian Nifty index rebounded from 24,400 but faces resistance near 25,000. Given the expected high volatility, a break above 25,000 could push the Nifty index towards 25,500 in the short term, while support lies at 24,400. Metal and consumer stocks are performing well, while IT and financial stocks are currently facing selling pressure.

Long-term, after months of stagnation, the Indian stock market is poised for a breakout. Driven by strong government reforms, liquidity support, and the key resistance level of 24,850, the Nifty index could soon test 25,000 and potentially reach a new all-time high of 26,200.

As a trading strategy, reduce your position risk in the short term when the Nifty encounters resistance at 25,000, and continue buying once it breaks through.

Stock Tips short term:

DRREDDY broke through resistance yesterday and is about to reach above 1300.

CGPOWER continues to fluctuate between 730 and 750, remaining within the cost price range and awaiting a breakthrough.

SHAILY a cyclical growth stock, is expected to break through resistance within a month.