📊 INDIAN STOCK MARKET OUTLOOK – 15 OCTOBER 2026

📊 INDIAN STOCK MARKET OUTLOOK – 15 OCTOBER 2026 Market View: Cautious | Stock-Specific Opportunities Indian equity markets may witness a volatile trading session amid global uncertainty, FII selling pressure, elevated crude oil prices and ongoing Q2 earnings announcements. 📈 NIFTY 50 – KEY LEVELS 🔹 Immediate Resistance: 22,750 🔹 Major Resistance: 22,900–23,100 🔹 Immediate Support: 22,500 🔹 Strong Support: 22,350 A sustained breakout above 22,750 could trigger short covering, while a breakdown below 22,500 may increase selling pressure. 🔥 STOCKS IN FOCUS 1. IDBI Bank: Strategic disinvestment developments may keep the stock active. Watch for volume-supported price action. 2. Reliance Industries: Jio Platforms IPO developments could attract investor interest. 3. Wipro & Tech Mahindra: Q2 earnings and management commentary may influence IT sector sentiment. 4. HDB Financial Services: Earnings performance and asset quality trends remain key factors to monitor. 5. CEAT: Raw material costs and profitability concerns may influence short-term movement. 🎯 TRADING STRATEGY ✅ Avoid aggressive positions during the opening 15–30 minutes. ✅ Focus on stocks showing relative strength and strong delivery volumes. ✅ Watch Bank Nifty and heavyweight stocks for market direction. ✅ Maintain strict stop-losses and avoid excessive leverage. Overall Outlook: The market may remain range-bound with a cautious bias. A sustained recovery above resistance levels could improve sentiment, while weakness below key support may lead to further selling. NEXGEN RESEARCH SEBI Registered Research Analyst Reg. No. INH000019354 Disclaimer: For educational and research purposes only. Securities market investments are subject to market risks