![[Toyota Times] Century as a Brand, Lexus as Innovation: All the Details on Toyota's New Project!](https://businessfortnight.com/wp-content/uploads/2025/10/Toyota-Times-Century-as-a-Brand-Lexus-as-Innovation-All-218x150.jpg "[Toyota Times] Century as a Brand, Lexus as Innovation: All the Details on Toyota's New Project!")
Nifty opened on a flat note and drifted towards its support zones making a low of 17215. Every declines are being bought in the market and the index is moving in a range of 150 points. India VIX has inched higher and is near 18 levels which is providing comfort to the market to scale higher. Now as long as long as the index trades above 17150 we can expect higher levels of 17350 and 17500 whereas on the lower side support is placed at 17150 and 17000. Market breadth is positive which is indicating buying interest at lower levels.
Today, we are witnessing positive move in PSU Banks and FMCG while some weakness in Realty, IT, Metals, Auto and Pharma sectors.
Bank Nifty opened gap down and after taking support at lower levels it inched higher towards 38000 zones. On the daily scale, Bank nifty has surpassed the falling supply trendline on the daily scale and sustaining well above it and is also forming higher highs – higher lows from the last 4 trading sessions which indicates positive move forward. So now as long as the index is above 37777 we can expect higher levels of 38000 and 38250 whereas support can be placed at 37777 and 37500.
Today, we are witnessing long built up in stocks like Ambuja Cement, Apollo tyres, ACC, Federal Bank and Bank of Baroda etc. while short build-up is visible in counters like Syngene, Eicher Motors, Deepak Nitrate and Gail etc.
The overall trend is positive as long as the support levels are held. We can utilise any dip as a buying opportunity for higher levels. At current juncture, we are advising to be with selective stocks and one can look for buying opportunity in Kotak Bank, Bharat Forge and JK Tyre etc.
