Nifty midcap, Nifty JR analysis for 19/10/2026

1. Nifty Midcap Select Current Level: 13,717 Key Pivot / Resistance: 13,900 Trend & Bias: Bearish / Weak below 13,900 Strategy Breakdown: Short Position: Maintain short positions as long as trading below 13,900. Long Position (Conditional): Initiate fresh long positions only if the index breaches and closes above 13,900. 2. Nifty Next 50 (Nifty JR) Current Level: 68,988 Key Pivot / Resistance: 69,500 Trend & Bias: Bearish / Weak below 69,500 Strategy Breakdown:Short Position: Hold existing short positions while trading below 69,500. Long Position (Conditional): Consider long entries only after a clear breakout above 69,500. F&O top looser was :