Nifty Locked in a Downtrend! | Lower Tops & Bottoms Dictate a Strict 'Sell on Rise' Stance..12-Oct-26

Caution remains the ultimate buzzword on Dalal Street! The Nifty 50 continues to chart a classic sequence of lower tops and lower bottoms, confirming a firm bearish undertone. With FIIs using every intraday bounce as a selling opportunity amid elevated crude prices and high US yields, aggressive long positions are fraught with risk. Join tonight’s wrap-up as we map the critical 22,000 defence line and chart out a defensive trading strategy for tomorrow.