Monday Market Prediction | Nifty Prediction For Monday | 26 October 2026 Market: Gap Up or Gap Down?

StockBox • 7 days ago

Original source

What This Video Is About

This video provides a weekly market outlook, discussing key levels for Nifty and Bank Nifty, and analyzing the performance of various stocks and sectors, including Reliance and the IT sector.

Major Ideas Discussed

  • The Nifty closed at 22,600, with resistance at 22,800 and 23,100, and support at 22,372 and 21,179.
  • The Bank Nifty closed at 54,287, with resistance at 55,100 and support at 53,900.
  • Reliance closed at ₹1183, and may show a downside momentum if it breaks the level of 1161, but the Jio IPO may lead to an upside momentum.
  • The IT sector has been showing growth and is expected to continue, despite unsatisfactory guidance from Infosys.
  • Stock recommendations include Bajaj Finance and Eternal, with specific targets and stop losses.
  • Commodities such as gold and WTI crude oil are also discussed, with recommendations to sell or buy at specific levels.

What to Watch Next

The market is expected to be volatile, and it is essential to respect stop losses and trade with caution, while monitoring the performance of the Nifty, Bank Nifty, Reliance, and the IT sector.