16 Oct 2025 | 5 Mins Read
Nifty bulls target June swing high before Diwali
Flipitmoney
The Nifty 50 index surged 1.03% to 25,585, surpassing its September swing high, driven by positive global cues and optimism around India-US trade deal talks. The index formed a long bullish candle, with momentum indicators strong, aligning with a new higher top formation. Support is at 25,400-25,300, while targets are around 26,000 and the record high of 26,277.