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  1. Trade setup for Oct 3: Will NIFTY50 cross 25,000 resistance on Friday? Check details

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Trade setup for Oct 3: Will NIFTY50 cross 25,000 resistance on Friday? Check details

Upstox

2 min read | Updated on October 03, 2025, 07:42 IST

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SUMMARY

The GIFT NIFTY futures indicate a flat opening for Indian markets on Friday. The open interest data indicates crucial support levels of 24,600 and 24,700, while the resistance remains at 25,000 for the current weekly expiry.

GIFT NIFTY

GIFT NIFTY indicates a flat opening for markets on Friday.

NIFTY50

Max call OI:25,000

Max put OI:24,700

(Ten strikes to ATM, 07 October expiry)

The Indian markets started the month on a positive note as NIFTY50 and SENSEX closed nearly 1% higher on Wednesday. RBI raised the GDP forecast from 6.5% to 6.8% boosting the investor sentiment. Additionally, US markets reversed the majority of the losses caused by the US government shutdown.

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Nifty50_2025-10-03_07-40-32.png On the technical charts, the index found support on the swing lows trendline near 24,600. The index now eyes a weekly close above 25,000 for reversal in the bearish trend of the market. Experts believe that a weekly close above 25,000 could help add renewed momentum to the markets.
NIFTY03oct.png On the options data front, the 24,700 and 24,600 puts witnessed heavy open interest addition, indicating a strong support at these levels for the coming weekly expiry. On the other hand, the 25,000 calls hold the highest open interest, indicating near-term resistance for the NIFTY50.

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Long buildup: - Shriram Finance, Kotak Bank,

Short buildup: -

Top traded futures contracts: HDFC Bank, Tata Motors

Top traded options contracts: TCS 2800 PE, Reliance 1430 CE

F&O securities under ban: Sammancap

F&O securities out of the ban:

To access a specially curated smartlist of the most traded and active stocks, as well as the OI gainers and losers, simply log in: https://pro.upstox.com/ ➡️F&O➡️Options smartlist/Futures smartlist In Futures and Options or F&O, long build-up means an increase in Open Interest (OI) along with a price increase, and short build-up means an increase in Open Interest(OI) along with a price decrease. Source: Upstox and NSE.
Disclaimer: Derivatives trading must be done only by traders who fully understand the risks associated with them and strictly apply risk mechanisms like stop losses. The information is only for consumption by the client, and such material should not be redistributed. We do not recommend any particular stock, securities or strategies for trading. The securities quoted are exemplary and are not recommended. The stock names mentioned in this article are purely for showing how to do analysis.
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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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