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Vimal K

29th Sep · SEBI Registration INH200007724

Nifty Outlook for 28-Sep-2026 Looks Bearish

NIFTY 50 is expected to open with a cautious, slightly bearish bias on Wednesday, 30 September 2026, as geopolitical tensions, elevated crude oil prices ($106+), and ongoing FII outflows dominate the sentiment. The Daily MACD Histogram is below zero and the Hourly Histogram is also below zero indicating a bearish trend. The Daily RSI 14 below 30 and Hourly RSI 14 is also around 30 levels indicating 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 - 22815 Resistance 2 - 22875 Support 1 - 22660 Support 2 - 22625 Happy Learning, Happy Trading and have a wonderful day. Top Gainers : ADANIENT, ADANIPORTS, DRREDDY. Top Losers : TITAN, WIPRO, HCLTECH.

ADANIENT

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