The Nifty’s decisive move above 25448 is a fundamentally bullish development, injecting fresh confidence into the market structure. While that key intraday level has been breached, awaiting a convincing daily closing price higher would certainly make the entire setup far more compelling and confirm the strength of the breakout. Although the target of a fresh all-time high above 26277 was not achieved by the initial deadline of today, October 16th, the underlying view remains firmly bullish; it truly feels like it’s just a matter of time before that historic mark is conquered. On the price side, the critical psychological and technical support has now strongly shifted to the 25000 spot level. Finally, we are now entering that fascinating, massive time window from today through October 20th—this could be where the time cycle forces converge to produce the next significant directional move, so let’s keep a very close watch on how the market reacts over the next few sessions.
NIFTY UPDATE as of October 16th 2025
Published by SAAHIL BELIM
MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt! View all posts by SAAHIL BELIM
Published
