Daily Market Insight - 21st October 2026 by Motilal Oswal Wealth Management
Nifty Technical Outlook
NIFTY (CMP : 22888) Nifty immediate support is at 22750 then 22600 zone while resistance at 23000 then 23150 zones. Now till it holds below 22900 zones weakness could be seen towards 22750 then 22600 levels while on the upside hurdles can be seen at 23000 then 23150 zones.
Sensex Technical Outlook
SENSEX (CMP : 73852) Sensex support is at 73500 then 73200 zones while resistance at 74200 then 74500 zones. Now till it holds below 74000 zones, weakness could be seen towards 73500 then 73200 zones while hurdles are seen at 74200 then 74500 zones.
Bank Nifty Technical Outlook
BANK NIFTY (CMP : 55488) Bank Nifty support is at 55000 then 54750 zones while resistance at 55750 then 56000 zones. Now if it holds below 55500 zones weakness could be seen towards 55000 then 54750 zones while hurdles are seen at 55750 then 56000 zones.
Midcap100 Index Technical Outlook
Index has formed a bearish candle.
Smallcap250 Index Technical Outlook
Index is hovering near 200 DEMA.
Technical Stocks On Radar
HINDUSTAN AERONAUTICS.
(CMP: 4959 | Mcap: Rs 3,31,646Cr.)
• Higher-highs, Higher-lows since past six session.
• Respecting 200 DEMA
• Mechanical Indicator RSI is placed positively.
• Immediate support at 4810.
APOLLO HOSPITAL FUT SELL 27TH OCT.
(CMP: 7700 | Mcap: Rs 1,10,714Cr.)
• Facing hurdles near 200 DEMA.
• Breakdown below 7640.
• RSI Bearish Crossover.
• Immediate resistance at 7935.
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