Nifty Outlook for 19-Oct-2026 looks Bullish

Nifty enters Monday, 19 October 2026 with a bullish bias, closing the previous session up 0.65% at 23,146.15 after a robust weekly recovery that pushed it above the crucial 23,000 mark. The Daily MACD Histogram and Hourly MACD histogram above zero indicates a bullish trend. The Daily RSI 14 crossing above the midline 50 levels and the Hourly RSI 14 above 70 indicates 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 - 23250 Resistance 2 - 23270 Support 1 - 23020 Support 2 - 22990 Happy Learning, Happy Trading and have a wonderful day Top Gainers : TECHM, TCS, INFY