Nifty Prediction for Tomorrow: Bullish Signals & Key Levels | Nifty Analysis for 29 Oct

Teji Mandi • 2 days ago

Original source

What This Video Is About

This video provides a technical update on the Nifty index for October 29, 2026, by Jatin Gary from the TI Mandi Research team. The update analyzes the market trends, momentum indicators, and expected movement of the Nifty index.

Major Ideas Discussed

  • The Nifty index has surpassed the 22870 resistance level, resulting in a sharp rise, and has closed above the highs of the previous five trading sessions on daily charts.
  • The daily and hourly momentum indicators have positive crossovers, indicating continued positive momentum.
  • The Nifty is expected to continue its upward movement, with key resistance levels at 23175 (previous swing high) and 23400 (upper end of the rising channel).
  • The support base has shifted higher from 22500 to 22685, which is also the 20-day moving average.

What to Watch Next

Investors should monitor the Nifty index as it approaches the resistance levels of 23175 and 23400, and be aware of the support base at 22685.