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Vimal K

15 hours ago · SEBI Registration INH200007724

Nifty Outlook for 13-Oct-2026 looks Bullish

On October 13, 2026, the NIFTY 50 index experienced a powerful bullish surge, leaping 1.60% to close at 22,721.95, its absolute highest point of the trading session. The Daily MACD Histogram above zero and Hourly MACD Histogram also above zero indicates a bullish trend. The Daily RSI 14 above 40 and below the mid line 50 levels indicating a neutral to bearish view. But, the Hourly RSI 14 is above 60 indicating a bullish trend. Thus the overall trend of Nifty looks bullish, and the buyers are in control over the markets. Buy on dips 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 below the support level. Can Initiate selling only if prices continue to sustain below the support 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 - 22825 Resistance 2 - 22885 Support 1 - 22670 Support 2 - 22635 Happy Learning, Happy Trading and have a wonderful day. Top Gainers : HCLTECH, TCS, SHRIRAMFIN.

HCLTECH

#WatchOutFor#IndexStrategies#TechnicalViews#Pre-OpeningCommentary#MacroViews
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