Nifty Outlook for 22-Sep-2026 Looks Bearish

The NIFTY 50 setup for tomorrow, 28 September 2026, leans towards a cautiously constructive bias after closing at 23,140.50 (+0.34%) on Friday. While the index recovered slightly via value buying in late Friday trade, it logged its seventh consecutive weekly red close signalling dominant structural weakness on higher timeframes. The Daily MACD and Hourly MACD below zero indicates bearish trend. The Daily RSI (14) and Hourly RSI (14) below 40 also 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 - 23245 Resistance 2 - 23275 Support 1 - 23085 Support 2 - 23070 Happy Learning, Happy Trading and have a wonderful day. Top Gainers : AXISBANK, ASIANPAINT, M&M. Top Losers : MAXHEALTH, TMPV, INFY.