Nifty rises 0.65% to 23,146.15, VIX up 0.3%; Bank Nifty +0.06%. Pivot 23,070, support 22,990, resistance 23,226 for Mon.
Market status: overbought / oversold
Score 0 = oversold · 100 = overbought · daily RSI(14)Nifty 50
52.8Daily RSI(14) at the close; neutral zone.
Bank Nifty
51.9Daily RSI(14) at the close; neutral zone.
Zones: 0–30 Oversold · 30–45 Weak · 45–55 Neutral · 55–70 Strong · 70–100 Overbought.
India at the close
16 Oct 2026Support & resistance for today
Floor pivots from 16 Oct high / low / closeNifty 50
Close 23,146.15Key resistance 23,226, then 23,306. Key support 22,990, then 22,834. Pivot 23,070.
Bank Nifty
Close 55,844.00Key resistance 56,047, then 56,250. Key support 55,584, then 55,323. Pivot 55,787.
Market analysis
- Nifty rose 149 points (+0.65%) to 23,146.15, closing above the day's pivot of 23,070. Bank Nifty +0.06% to 55,844.00 — banks lagged the market.
- Breadth: 577 advances to 428 declines among 1005 liquid stocks (57% up) — a mixed session.
- India VIX +0.27% to 14.06 — a ±1σ weekly move is about ±451 Nifty points (≈ 22,695–23,597).
- Institutional flows (provisional, 16 Oct): FIIs bought ₹1,166 cr in cash; DIIs sold ₹3,661 cr.
- Global cues: S&P 500 −1.09%, Nasdaq −2.15%, Dow Jones −0.34%, Nikkei 225 −1.21%; US 10Y at 5.10%; Brent $108.00; rupee 94.95 to the dollar.
- Levels for Mon 19 Oct: pivot 23,070; a hold above 23,226 opens 23,306–23,462; a break of 22,990 opens 22,834–22,754.
- Movers among liquid stocks: HBLENGINE +17.27%, MOMSBELIEF +14.47%, EUROPRATIK +13.80%, PCJEWELLER +12.66% led; AMAL −20.00%, CYIENTDLM −12.90%, RRKABEL −8.29%, KRN −7.44% fell most.
Global cues
Before the open · 8:45 AM ISTInstitutional flows
16 Oct, ₹ croreProvisional cash-market figures as published by NSE after the close.
Today's calendar
Stocks in focus
Daily Report · session 2026-10-19 · published 16 Oct 2026, 7:30 PM IST
Analyst disclosures. This report is issued by Yogeshwar Vashishtha, SEBI Registered Research Analyst (Reg. No. INH000027168, BSE Enlistment No. 7374), in his individual name, on the date and at the time stated above. Stocks that form part of the Investors Portfolio are marked in the table; the analyst and his relatives may hold positions in those securities. Beyond such holdings, neither he nor his relatives have any financial interest in, or own one per cent or more of the securities of, any company mentioned; he has received no compensation from any company mentioned in the past twelve months, has not managed or co-managed a public offering of its securities, has not served as its officer, director or employee, and does not engage in market making. He has no other material conflict of interest at the time of publication. The figures are computed from exchange end-of-day data by rules stated in the report; this is general research, not personalised advice, and no return is assured.
For education and planning. Pivot levels are mechanical calculations, not buy/sell recommendations. Verify prices with your broker before trading. Published by Yogeshwar Vashishtha, SEBI Registered Research Analyst INH000027168, BSE Enlistment No. 7374.