Nifty midcap, Nifty JR analysis for 29/10/2026

1. Nifty Mid Select (Current: 13,286) Trend Stance: Bearish / Short Bias Key Pivot Level: 13,400 Technical Strategy: Hold Short: As long as the index trades below 13,400, the market structure favors continuation of the downside/short positioning. Conditional Reversal (Long Only): A decisive move and close above 13,400 would invalidate the bearish bias, triggering a trend reversal where traders should shift exclusively to long positions. 2. Nifty JR / Next 50 (Current: 67,303) Trend Stance: Bearish / Short Bias Key Pivot Level: 68,200 Technical Strategy: Hold Short: The index remains weak while trading below 68,200, keeping the short-side momentum active. Conditional Reversal (Long Only): A breakout and sustenance above 68,200 acts as a crucial resistance hurdle; crossing it would shift the strategy conditionally toward creating long positions. F&O top looser was :