Nifty midcap, Nifty JR analysis for 08/10/2026

1. Nifty MidSmallcap Select (Nifty Mid Select) Current Level: 13,757 Technical Bias: Bearish / Short Key Pivot Level / Threshold: 13,900 Trading Strategy Breakdown: Hold Short (Below 13,900): As long as the index trades or remains below the 13,900 threshold, the immediate trend favors short positions. Downward momentum is expected to persist or consolidate lower. Conditional Long (Above 13,900): A decisive break and sustained move above 13,900 invalidates the short bias, acting as a structural resistance breakdown. Traders should flip to a long-only strategy if this level is breached. 2. Nifty Junior (Nifty Next 50) Current Level: 69,404 Technical Bias: Bearish / Short Key Pivot Level / Threshold: 70,400 F&O top gainer was :

OF MAHA Trading Strategy Breakdown: Hold Short (Below 70,400): Trading at 69,404 puts the index comfortably below its crucial inflection hurdle of 70,400. The current structure dictates holding short positions while under this resistance ceiling. Conditional Long (Above 70,400): The 70,400 mark serves as the primary breakout trigger. Long positions should only be initiated if the price successfully crosses and stabilizes above this barrier.