Trade setup for Oct 15: Will NIFTY50 hold 25,100 support on Wednesday?

NIFTY50

Max call OI:25,200

Max put OI:25,000

(Ten strikes to ATM, 20 Oct 2025)

NIFTY50 continued to consolidate on Tuesday as the index closed 82 points lower on the weekly expiry day. The index continues to remain under selling pressure at higher levels. Corporate earnings and geopolitical tensions continue to remain key triggers for the Indian markets.

On the technical front, the NIFTY50 posted a bearish engulfing candlestick pattern, indicating a loss of bullish momentum in the markets. Experts believe that the index could consolidate further amid the absence of major political triggers.

On the options data front, the initial open interest buildup for the coming weekly expiry suggests a narrow range of 25,000 to 25,200. The 25,200 calls hold the highest open interest, indicating near-term resistance, while the 25,000 puts hold the highest open interest, indicating strong support.

Stock Scanner

Long buildup: -

Short buildup: - Dr Reddy's, BEL

Top traded futures contracts: Infy, MCX

Top traded options contracts: TCS 3060 CE, TCS 3040

F&O securities under ban: RBL Bank, Samman Capital

F&O securities out of the ban: