PE vs PEG Ratio: Which is Better for Stock Selection?
22 Oct 2025
Nifty 50 technical analysis with key support and resistance levels
Nifty 50 Market Overview
The Nifty 50 index ended at 25,795.15, declining 96.25 points (-0.37%) amid broad-based selling pressure. The index remained under pressure throughout the session after a flat start, with persistent profit booking in heavyweights after the recent rally.
Close
25,795.15
Change
-96.25 (-0.37%)
Day High
25,944.15
Day Low
25,718.20
Key Technical Levels: Support & Resistance
Nifty 50 Critical Levels for Trading
| Support Levels | Resistance Levels | Outlook |
|---|---|---|
| 25,780 - 25,800 (Immediate Support) | 25,850 (Immediate Resistance) | Bullish with caution Buy-on-dips approach recommended as long as Nifty holds above 25,600 |
| 25,700 (Strong Support) | 26,000 - 26,050 (Crucial Hurdle) | |
| 25,600 (Major Support) | 26,100 - 26,200 (Next Targets) | |
| 25,450 - 25,500 (Strong Demand Zone) | 26,300 - 26,400 (Upper Targets) |
💡 Trading Strategy
Most analysts maintain a "buy-on-dips" stance as long as Nifty holds above the 25,800 level on hourly closes. The broader trend remains positive despite the current corrective phase.
Sector Performance & Market Breadth
Top Performing Sectors
Metals
+1%
Telecom
+1%
Realty
Gains
Underperforming Sectors
FMCG
-0.75%
PSU Bank
-0.74%
Pharma
Declines
Market Statistics
| Metric | Value | Sentiment |
|---|---|---|
| Advances | 1,785 | Mixed |
| Declines | 2,205 | Negative Bias |
| India VIX | 11.73 (+3.85%) | Moderate Fear |
Key Stock Movements
Top Gainers
Hindalco
+4%
Bharti Airtel
Gains
Shriram Finance
Up
ICICI Bank
Up
Top Losers
Cipla
-3.77%
HUL
-3%
Adani Ports
Down
Max Healthcare
Down
Market Analysis & Outlook
The domestic economy had largely benefited from earlier reductions in crude prices throughout the year. The recent rise in crude prices has spurred profit booking in India. Additionally, investor sentiment was affected by economic data showing a slowdown in certain sectors.
From a technical perspective, the Nifty remained weak during the session as traders continued to book profits. On the lower end, it slipped below the initial support of 25,850, leading to a decline towards 25,700. The next 1–2 sessions might remain volatile; however, a sustained rally looks possible thereafter.
⚠️ Important Market Context
Persistent profit booking in heavyweights after the recent rally, coupled with declines in FMCG majors post-earnings, weighed on sentiment. Additionally, volatility in global markets and uncertainty surrounding upcoming economic data further dampened risk appetite.
Overall Market Tone: The short-term trend remains positive despite the current corrective phase. Most analysts recommend a "buy-on-dips" strategy with strict stop losses. The broader outlook remains constructive as long as Nifty holds above the 25,600 support level.
