RELIANCE INDUSTRIES UPDATE

The move in RELIANCE is the single most crucial factor for driving the Nifty to a new all-time high above 26277, making the upcoming results and price action paramount. The key requirement for a significant market-driving breakout rests solely on RIL clearing the critical technical zone between ₹1410 and ₹1420 on a cash basis. A decisive move past this resistance would trigger a powerful bullish breakout, immediately paving the way for potential upside targets of ₹1470 and then ₹1540 in the following sessions. With the company’s Q2 results due post-market tomorrow, the entire market’s focus will be on the outcome and the stock’s subsequent reaction, as a strong performance and breakout would easily facilitate the Nifty’s journey to fresh historical highs in the near future.

INFY OUTLOOK before results

The upcoming INFY results, due post-market today, mark the critical event that will determine the next market move, and the strategy to hold fire on longs until this volatility passes is highly judicious. Despite a clear underlying bullish bias, the lack of interest in taking a position before the outcome is sensible event-risk management. The entire long thesis is clearly hinged on a decisive cash close above the key ₹1525 resistance level. Should the expected positive results reaction materialize and force a breakout above ₹1525, it would trigger the entry signal, immediately opening up sharp upside targets of ₹1574 and subsequently ₹1623 in the following sessions. In essence, the game plan is clear: await the results, then only proceed to enter long if the stock confirms the positive news by clearing the ₹1525 technical hurdle.

TATAPOWER TECHNICAL OUTLOOK

The technical picture for TATAPOWER is signaling that a major high-conviction breakout is in the making, but the entire move is conditional on one critical price point: ₹410. This level is the final resistance barrier, and a sustained, decisive break above it will serve as the unequivocal confirmation signal for traders. The underlying strength is significant, with weekly cycles “significantly trending bullish,” providing strong foundational momentum for the rally. Once the ₹410 trigger is pulled, the immediate cash segment targets become ₹430, with the next key target set at ₹460 in the near to medium term. The strategy here is straightforward: watch the ₹410 level like a hawk, and be prepared to buy and hold to ride the expected acceleration to the upside.

NIFTY UPDATE as of October 16th 2025

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

The NIFTY has unequivocally imported weakness from global markets this morning, yet its standalone technical structure remains perfectly strong, creating a fascinating conflict that points toward quiet but interesting times ahead. For the index to decisively decouple from the prevailing international sentiment, it must immediately and convincingly take out and sustain a move above the critical resistance level of 25448 on the upside; until that happens, we will continue to be impacted by global market movements. On the positioning front, our strategy prioritizes risk management for current longs while maintaining a clear bullish bias: we would substantially trim our existing long positions if the NIFTY sustains below 25000 on a spot basis, but we have absolutely no shorting thoughts at all and will instead use those lower levels as an opportunity to add to our longs once again. Finally, incorporating elements from our interest in tropical financial astrology and time cycle analysis, this week’s movements are likely to be punctuated by significant cycle dates, specifically October 16th, 17th, and 20th, which should be watched closely for potential shifts in market momentum or heightened volatility. The convergence of these technical levels, a defined strategy, and key time markers underscores why this week, in whole, should prove to be very interesting.

TCS UPDATE

TCS appears poised for a significant turning point, signaling that the medium-term corrective phase is concluding. Technical analysis points to ₹ 2866 as the anticipated durable bottom—a critical low from which any further dip is expected to be minimal, confirming the stock is reaching a climax reversal point. A bullish perspective suggests initiating a conservative long position, especially as the Quarterly Results on October 9th approach. The decisive trigger for a strong breakout will be a successful breach of the ₹ 2975 cash level, which opens the path to sequential targets at ₹ 3055 and ₹ 3125. The prudent strategy is to observe the initial reaction post-results, then look to accumulate further long positions, confident that the imminent reversal will take hold regardless of the near-term volatility.