Nifty midcap, Nifty JR analysis for 09/10/2026

1. Nifty MidSelect (Current: 13,386) Current Market Bias: Bearish / Short Bias Key Level (Pivot/Threshold): 13,900 Trading Setup: Hold Short: As long as the index trades below 13,900, the prevailing strategy is to maintain short positions. Conditional Long: A trend reversal or shift to a long-only strategy is triggered strictly above 13,900. 2. Nifty JR (Nifty Next 50) (Current: 67,614) Current Market Bias: Bearish / Short Bias Key Level (Pivot/Threshold): 69,500 Trading Setup: Hold Short: The bias remains short while the index holds below 69,500. Conditional Long: Long positions are only recommended conditionally if a breakout occurs above 69,500. Summary Strategy Both indices are currently trading below their respective critical resistance pivot lines (13,900 for Nifty MidSelect and 69,500 for Nifty JR), indicating that sellers are in control. Trend continuation strategies favor holding short positions until a decisive breakout above these critical threshold levels occurs. F&O top looser was :