Introduction

Indian equities extended their upward journey on October 29, with both Nifty 50 and Bank Nifty closing higher, supported by firm buying in banking, financials, and auto sectors. After a brief pause in the previous session, the market resumed its positive trajectory, indicating sustained strength across broader indices.

In this Trade Setup for 30 October 2025, Dhwani Patel, SEBI registered research analyst, breaks down the key support and resistance levels, derivative data, and 10 setups that define today’s market tone.

Setup 1 — Nifty 50: Key Resistance & Support Levels

Nifty Close: 26,054

• Resistance (Pivot Points): 26,090 / 26,122 / 26,175
• Support (Pivot Points): 25,985 / 25,952 / 25,900

Market Outlook:
The Nifty 50 formed a bullish candle with a small upper wick, indicating strength with only minor profit booking around the 26,100 mark. Importantly, volumes were above average — reinforcing conviction among buyers.

All major moving averages remain in a rising alignment, reflecting a strong trend structure. The RSI climbed further to 72.43, suggesting strong momentum but also mild overbought conditions. The MACD continued its bullish slope with a positive histogram above the zero line.

Interpretation:

• Immediate Resistance: 26,122–26,175
• Support Zone: 25,952–25,900
• Sustained trading above 25,985 could extend the rally toward 26,250–26,300.
• Short-term traders may consider trailing stops below 25,900 to manage volatility.

For followers of the Nifty futures trading guide, this structure suggests holding long positions with disciplined stop-loss placement rather than chasing late entries.

Setup 2 — Bank Nifty: Key Resistance & Support Levels

Bank Nifty Close: 58,385

• Resistance (Pivot Points): 58,460 / 58,551
• Support (Pivot Points): 58,168 / 58,078 / 57,931
• Resistance (Fibonacci Retracement): 58,739 / 60,148
• Support (Fibonacci Retracement): 57,394 / 56,662

Market Outlook:
The Bank Nifty displayed resilience once again, forming a bullish candle with a long lower shadow — a strong sign of dip buying. The index remains comfortably above all major moving averages, each trending higher, confirming structural strength.

Momentum indicators continue to support the positive tone. The RSI, now at 74.19, indicates an overextended but intact trend, while the MACD continues to maintain a bullish crossover with a rising histogram.

Interpretation:

• Resistance: 58,551–58,739
• Support: 58,078–57,931
• Sustained trade above 58,400 could lead to new highs toward 59,000–59,200.

The banking sector remains the backbone of the current uptrend — ideal for index futures trading strategies India that focus on momentum alignment with trailing profit locks.

Setup 3 — Nifty Call Options Data

• Max Call OI: 26,500 → key resistance
• Next Resistances: 26,200, 26,100
• Fresh Call Writing: 26,100 (+22.8L), 26,200 (+19.4L)

Interpretation:
Call writers continue defending 26,100–26,500, reflecting caution near psychological barriers. However, lack of significant unwinding at lower strikes suggests confidence in the ongoing bullish structure.

Setup 4 — Nifty Put Options Data

• Max Put OI: 25,900 → strong support
• Next Supports: 25,700, 25,500
• Fresh Put Writing: 25,900 (+34.6L), 25,800 (+22.1L)

Interpretation:
Heavy Put writing at 25,900 confirms that traders are confident in defending the current support. The balance between call and put positioning hints at consolidation between 25,900–26,200 before the next move.

Setup 5 — Bank Nifty Call Options Data

• Max Call OI: 59,000 → key hurdle
• Next Resistances: 58,500, 60,000
• Fresh Call Writing: 58,500 (+1.98L), 59,000 (+1.53L)

Interpretation:
Call writers are active at higher levels, implying cautious optimism. Breakout traders should wait for a decisive move above 58,550–58,600 for clean upward momentum.

Setup 6 — Bank Nifty Put Options Data

• Max Put OI: 58,000 → strong base
• Next Supports: 57,000, 56,500
• Fresh Put Writing: 58,000 (+5.21L), 58,200 (+2.64L)

Interpretation:
Put writers remain aggressive near 58,000, turning this into a key inflection point. As long as this zone holds, the short-term sentiment remains decisively bullish.

Setup 7 — Volatility Index (India VIX)

India VIX: 11.83 (–1.0%)

Volatility remained stable and below the key 13 threshold, indicating steady market confidence. This low-volatility environment continues to favor trend-following strategies.

As Dhwani Patel notes,
“Low volatility rewards discipline. The quieter the market looks, the sharper the opportunity it hides.”

Setup 8 — Sectoral Overview

• Banking & Financials: Continue to drive the market uptrend.
• IT & Auto: Momentum improving gradually after consolidation.
• Energy & Realty: Showing renewed participation.
• FMCG: Offers defensive positioning for cautious traders.

For swing trading strategies India, sector rotation remains key. Focus on large-cap leaders rather than chasing small-cap volatility.

Setup 9 — Intraday Plan

Index	Bullish Above	Bearish Below	Neutral Zone
Nifty 50	26,122	25,952	25,980–26,080
Bank Nifty	58,551	58,078	58,200–58,400

Strategy:

• Continue long positions above 25,985 with a stop-loss below 25,900.
• Avoid aggressive shorts until Nifty closes below 25,850.
• In Bank Nifty, buy dips near 58,000 with targets of 58,700 and 59,000.

Setup 10 — Dhwani Patel’s View

“The market isn’t overextended — it’s confident. Momentum is strong, but sustainability comes from selective participation, not blind optimism.”

The Trade Setup for 30 October 2025 reflects a continuation of the bullish structure with Nifty holding above 25,900 and Bank Nifty staying firm above 58,000. Both indices are likely to maintain an upward bias, though intraday volatility near resistances cannot be ruled out.

Key Takeaways

• Nifty Range: 25,950–26,200
• Bank Nifty Range: 58,000–58,600
• Market Bias: Bullish with mild volatility
• Strategy: Continue long bias; trail stops; avoid over-leveraging.

Final Thoughts

Markets continue to demonstrate remarkable stability and strength, supported by strong domestic flows and global resilience. Traders should remain with the trend but adopt disciplined position sizing as indices approach round-number resistances.

As dhwani patel says —

“In bull markets, fear hides in overconfidence — and discipline is the only cure.”

Disclosure & Disclaimer: dhwani patel (SEBI Registration No. INH200008608) is a SEBI registered research analyst. The analysis shared here is intended purely for educational purposes and should not be construed as investment or trading advice. Financial markets involve risk — readers are advised to perform due diligence or consult certified professionals before making trading or investment decisions.