Nifty Predicted to Gain on Short Covering Ahead of Monday
Analysts predict a short covering rally for Nifty ahead of Monday, October 13, 2025. While specifics are scarce, the index's 20-day moving average and support-resistance levels are expected to play a role. The Nifty 50 chart's candle pattern has been mentioned but not detailed.
The upcoming week is set to be eventful for Nifty. A crorepati goal for mutual funds and the unveiling of the Indian Pickleball League's logo are among the happenings that could influence market sentiment. Additionally, the iPhone 16 Pro is expected to see a price drop during Flipkart's Diwali Sale 2025, which may draw investor attention.
On the geopolitical front, the India-Canada trade dialogue could have implications for Nifty. Meanwhile, a money laundering case involving Reliance Power's CFO and Indian Overseas Bank's Q2 Results FY 2026 are other factors that could impact the index.
As Nifty approaches Monday, October 13, 2025, investors await a short covering rally. While the target and specific details of the Nifty prediction remain unclear, the 20 DMA, support-resistance levels, and other indicators such as RSI, OI, and PCR will likely be key factors. The diverse range of events this week could bring both opportunities and challenges for Nifty.
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