Nifty midcap, Nifty JR analysis for 06/10/2026

1. Nifty Mid Select (Current Level: 13,649) Current Trend / Posture: Hold Short (as long as prices remain below 13,900). Key Resistance / Pivot Level: 13,900. Conditional Strategy:Maintain short positions while trading below the 13,900 threshold. Flip to a long-only stance only if the index makes a sustained breakout above 13,900. 2. Nifty JR / Next 50 (Current Level: 69,213) Current Trend / Posture: Hold Short (as long as prices remain below 70,400). Key Resistance / Pivot Level: 70,400. Conditional Strategy:Keep short allocations active below 70,400. Switch to a long-only outlook if a breakout occurs above 70,400. Summary : Both indices are exhibiting a short-term bearish/corrective bias, trading below their crucial overhead resistance pivots (13,900 for Mid Select and 70,400 for Nifty JR). Risk Management: Traders holding short positions should trail their stop-losses just above these respective resistance levels. Long setups should strictly be deferred until a confirmed break and close above the conditional trigger levels. F&O top gainer was :