Nifty Outlook for 13-Oct-2026 Looks Bearish

On Monday Nifty opened stronger at 22,593.20, hitting an intraday high of 22,651.10. However, persistent selling pressure and profit booking at higher levels caused a complete intraday reversal. Nifty gave up all early gains to close 0.70% lower at 22,363.35. The Daily MACD Histogram and Hourly MACD Histogram below zero indicates a bearish trend. The Daily RSI 14 below 40 and Hourly RSI 14 also below 40 indicates a bearish trend. Thus the overall trend of Nifty looks bearish, and the sellers are in control over the markets. Sell on rise would be the best strategy to deploy for today’s market considering the overall trend of Nifty. We may expect a change in trend only if the price sustains above the resistance level. Can Initiate buying only if prices continue to sustain above the resistance level. I have provided Nifty Spot resistance and support levels which would help you learn in taking informed trading decisions using these levels and understand how support and resistance levels work in financial markets. Nifty Spot Resistance 1 - 22455 Resistance 2 - 22485 Support 1 - 22215 Support 2 - 22170 Happy Learning, Happy Trading and have a wonderful day. Top Gainers : DRREDDY, BAJAJ AUTO, TMPV.