Nifty Outlook for 21-Oct-2026 looks Bullish

The Daily MACD Histogram above zero and Hourly MACD Histogram below zero indicates a tug of war between buyers and sellers. The Daily RSI 14 at 47.72 and Hourly RSI 14 at 49.10 indicates a Neutral to Bearish trend. Thus, the overall trend of Nifty looks to be in a range, and thus the markets might move either side. Buy on dips and 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 below the support level or 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 - 22980 Resistance 2 - 23030 Support 1 - 22810 Support 2 - 22765 Happy Learning, Happy Trading and have a wonderful day Top Gainers : JSWSTEEL, ONGC, SBIN. Top Losers : AXISBANK, TMPV, INFY.