Indian Market Playbook What's Next ?

Indian Market OutLook and Recap and what's Next 

Levels to Look For -

Nifty remains in a bearish structure with lower highs after Filling Gap of July ; bulls must reclaim 24,830 to shift momentum

It fell 2.65% Last week making it the sharpest Weekly Fall 

VWAP zone (24,760–24,770) is critical – rejection may trigger fresh selling; reclaim could invite short-covering.

24,600–24,580 is the breakdown zone; below it, downside opens toward 24,432 and 24,337.

Upside resistance lies at 24,830–24,985 with heavy Call OI; Put support is weak around 24,600–24,700.

Stay nimble near VWAP chop zone (24,630–24,770); prefer scalp trades or shorts below 24,600

Sector Catching Eye 

Auto ,Telecom and Aerospace and Defence 

IT sector Stumbled due to Fees Hike on H1B visa 

Pharma Lately this week due to 100% Tarriff 

News and Holidays 

RBI rate cut 

What I am expecting on this is Hold because of few reasons first we have already did 100 bps cuts Fiscal policy kicked in we got GST rate cuts so it might see 2-3 months more of Inflation Expectations since Inflation is under Control not arguing of the fact it doesn't  have space it got limited space to cut this year so they might see if inflation creeps in then they might do a 50 bps again but as of now I don't see any .Few analyst are talking about 25 bps cut as mentioned early we have space main thing is the appropriate place to do that so a surprise 25 bps cut isn't impossible especially if they want room to boost few sectors 

We have 1 holiday on October 2 One more  point to be noted we also have Settlement Holiday on 2nd October as well make sure you plan your exit in stocks  wisely.

Nifty Fut Imbalance Zones 

From COHORT 4.0

Out of 24 Stocks Posted at specific Levels only 2 Triggered 

1.IFB INDUSTRIES 8R+ ✅

2. SUNDARAM FINANCE 2R+ Trailing SL ✅

Here are the Snapshots 

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Thanks you For Reading ~ Rana