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Short

Trend Resistance

Uptrend Above: 23950

Bull Signal Above: 24120
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Term

Trend Point Acts

Trend Point: 23920

My PCR: 1.04
160 Range 330

Up Trend Signal

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View

Trend Suport

Down Below: 23890

Bear Signal Below: 23630
Short Term View Historic Data

Nifty View Tomorrow: Thursday 05 Nov 2026

Day Close

23960
Day High

23960
Day Low

23696
Day Avg

23872
04 Nov 2026
5 SMA

23440
10 SMA

23069
20 SMA

22879
50 SMA

23227
200 SMA

24003
5 EMA

23698
10 EMA

23512
20 EMA

23410
50 EMA

23584
Tomorrow
Resist 2

24180
Resist 1

24070
Mid Point

23940
Suport 1

23810
Suport 2

23660
52W High

26373
52w Low

22179
52w Down

9.15%
52w Up

8.03%
Panic View
Resist 2

24400
Resist 1

24235
Mid Point

23910
Suport 1

23585
Suport 2

23360
5d High

23960
5d Low

22656
10d High

23960
10d Low

22372
Days High & Low 20d High

23960
20d Low

22179
50d High

24378
50d Low

22179
All Avg

23206
FFTH

23525
FTTL

22996
TTTH

23431
TTTL

22837
High & Low Avg TTFH

23506
TFFL

22912
High Avg

23487
Low Avg

22915
All Avg

23201
Nifty Historic Prediction Data

Nifty Last Five Days Moves

SNo. Date Day Close Day High Day Low 5 DMA 10 DMA 20 DMA 50 DMA 200 DMA
1 04 Nov 2026 23960 23960 23696 23440 23069 22879 23227 24003
2 03 Nov 2026 23810 23810 23482 23187 22954 22820 23233 24013
3 02 Nov 2026 23440 23440 23214 22975 22862 22757 23242 24022
4 30 Oct 2026 23053 23118 22905 22838 22832 22707 23254 24034
5 29 Oct 2026 22936 22961 22656 22747 22827 22685 23276 24050
Nifty Historic Data And Moving Avg

Go Back

In the final week of October 2026, the Indian equity benchmarks—the BSE Sensex (INDEXBOM:SENSEX) ...

Posted: 27 Oct 2026

In the final week of October 2026, the Indian equity benchmarks—the BSE Sensex (INDEXBOM:SENSEX) and NSE Nifty 50 (INDEXNSE:NIFTY_50)—staged a resilient recovery. This intraday reversal was primarily fueled by targeted value buying and bargain hunting following a prolonged, steep correction. Key Factors Behind the Market Turnaround Bargain Hunting in Heavyweights: A sharp eight-week losing streak—the longest correction the markets have endured in 25 years—left several high-quality large-cap stocks technically oversold. Institutional and domestic investors engaged in value buying to accumulate heavily discounted index heavyweights. Sector-Led Support: The rally was largely anchored by robust rebounds in the pharmaceutical, metal, and real estate sectors. Heavyweights like Dr. Reddy's Laboratories surged up to 7%, dramatically boosting overall indices from their morning lows. Easing Crude Oil Pressures: Softening global crude oil benchmarks provided much-needed relief to market sentiment. Lower energy prices mitigate immediate macroeconomic risks concerning domestic inflation and trade deficits for oil-importing nations like India. Technical Context & Near-Term Outlook Despite the recent single-day gains, market analysts caution that the broader technical structure remains delicate. The Nifty 50 has been drifting close to its 200-week exponential moving average (EMA) amid substantial foreign portfolio outflows. Going forward, sustained upward momentum will depend on the remainder of the Q2 corporate earnings season, global interest rate pathways, and geopolitical developments in West Asia.

Market Bits

"In investing, what is comfortable is rarely profitable." — Robert Arnott

Be prepared to invest in a down market and to "get out" in a soaring market, as per the philosophy of Warren Buffett.