As of 28 October 2026, I am maintaining a bearish view on NIFTY, subject to my predefined key levels.

My market view is dynamic and will evolve with price action around these important levels. I will continue to update my analysis as the market unfolds.

Stay tuned for regular NIFTY updates, as I share my observations and any changes in my market outlook.

NIFTY analysis for 29 OCT

Over the past several sessions, NIFTY has made multiple attempts to close and sustain above the 22,700 mark but has struggled to establish a decisive hold above this level.

In the coming sessions, I will closely monitor three key levels: 22,700, 23,000, and 23,200.

These levels will be crucial in assessing NIFTY’s price action and determining whether bearish pressure persists or bullish strength begins to emerge.

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This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.