The Nifty 50 staged a strong recovery of nearly 250 points from the day’s low and closed half a percent higher over the previous trade, shrugging off the Delhi explosion. The end to the longest-ever US shutdown, with the Senate passing a bill, also lifted sentiment. The index not only stayed above the 25,500 support but also moved back above the 25,670 resistance, as well as above the short-term moving averages and the midline of the Bollinger Band.

Now, 25,800, the high of the previous week’s range, is the crucial resistance to watch. A decisive cross above this level could open the door for 26,000, the psychological zone, followed by 26,100. However, 25,450–25,500 is expected to act as immediate support, followed by 25,300, the low of the previous week, experts said.

The Nifty 50 opene

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