Nifty Outlook for 28-Sep-2026 Looks Bearish

The NIFTY 50 index is expected to open under continued bearish pressure tomorrow, 29 September 2026, after crashing 1.56% (360.25 points) to close at 22,780.25 on Monday. The Daily MACD Histogram and Hourly MACD Histogram both are below zero indicating a bearish trend. The Daily RSI 14 is below 50 and Hourly RSI is also below 50. 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 - 22940 Resistance 2 - 22985 Support 1 - 22690 Support 2 - 22660 Happy Learning, Happy Trading and have a wonderful day. Top Gainers : DRREDDY, INFY, HDFCLIFE. Top Losers : TMPV, ADANIENT, JIOFIN.