Nifty Weekly Outlook: Charts Hint At More Upside If 25,500 Breaks

AllDIA0.27%SPY0.25%QQQ0.22%TrendingETH.X6.94%BTC.X2.75%OKLO2.37%SRPT7.40%VKTX2.91%FLGC127.72%MTSR50.00%SNAP6.99%QUBT9.32%XRP.X6.36%ETH.X6.94%BTC.X2.75%OKLO2.37%SRPT7.40%VKTX2.91%FLGC127.72%MTSR50.00%SNAP6.99%QUBT9.32%XRP.X6.36%TrendingETH.X6.94%BTC.X2.75%OKLO2.37%SRPT7.40%VKTX2.91%FLGC127.72%MTSR50.00%SNAP6.99%QUBT9.32%XRP.X6.36%ETH.X6.94%BTC.X2.75%OKLO2.37%SRPT7.40%VKTX2.91%FLGC127.72%MTSR50.00%SNAP6.99%QUBT9.32%XRP.X6.36%HomeNewsMarketsEquityNifty Weekly Outlook: Charts Hint At More Upside If 25,500 BreaksAdvertisement. Remove ads.Nifty Weekly Outlook: Charts Hint At More Upside If 25,500 BreaksAnalyst noted a bullish W-pattern breakout, with 25,200 seen as a strong support zone.A man is seen communicating on a mobile phone next to the mural about the Bombay Stock Exchange (BSE) with an Indian Rupee symbol in Mumbai. (Photo by Ashish Vaishnav/SOPA Images/LightRocket via Getty Images)Preeti Ayyathurai·StocktwitsPublished Sep 21, 2025 | 11:01 PM GMT-04Share this articleIndian equity markets gained ground with a 1% rally last week, with the Nifty index closing above the 25,300 mark, marking its third straight week of positive momentum. SEBI-registered analyst Mayank Singh Chandel noted that from its recent low of 24,404, Nifty has surged more than 1,000 points in just 15 trading sessions, supported by broad-based participation. Even the broader markets mirrored the optimism with Nifty Midcap and Smallcap 100 indices extended their winning streak to 11 consecutive sessions, Technical OutlookHe said that the Nifty index saw a clear W-pattern breakout on the daily chart, which has set the tone for further gains. The index continues to sustain above key moving averages, with the weekly Relative Strength Index (RSI) at 59, confirming underlying strength. On the downside, Chandel identified immediate support at 25,200–25,150 zone as the first line of support. This also coincides with the 23.6% Fibonacci retracement of the latest rally (24,404–25,448). Below this, 24,800 is seen as the level to watch for any meaningful reversal. On the upside, the index faces a crucial hurdle at 25,450–25,500. A decisive breakout here could unlock the next leg of the rally. Key Levels To Watch • Support: 25,200–25,150 / 24,800 • Resistance: 25,450–25,500 / 25,700–26,000 Market Weekly OutlookHe believes that the overall market setup remains firmly bullish, with all moving averages and momentum indicators aligned with the uptrend. While a minor pullback cannot be ruled out, such dips are likely to be buying opportunities as long as Nifty defends the 25,200 mark. According to Chandel, a sustained move beyond 25,450–25,500 could pave the way toward 25,700 in the short term and potentially even 26,000, offering a festive cheer for investors.For updates and corrections, email newsroom[at]stocktwits[dot]com.Subscribe to The Daily Rip IndiaAll NewslettersThe most relevant Indian markets intel delivered to you everyday.SubmitRead about our editorial guidelines and ethics policyTrendingEquitiesIndiaLatest NewsTech Stocks Drag Indian Markets Lower After Trump’s H-1B Fee Hike; Midcaps, Smallcaps SlidePreeti Ayyathurai·10m agoPorsche, Volkswagen cut forecasts as EV slowdown forces strategy shiftCNBCTV18·27m agoNifty, Sensex end lower as IT stocks sink on US visa worriesCNBCTV18·28m agoNestlé India to pass on GST rate cut benefits to consumers from todayCNBCTV18·35m agoAther Energy Hits Fresh 52-Week High, Gains 40% In A Month But Retail Sentiment Remains BearishPreeti Ayyathurai·44m agoIndusInd Bank appoints Viral Damania as Chief Financial OfficerCNBCTV18·45m ago