Stockhifi Market Signals – Daily Technical Newsletter

1st OCT, 2026
MARKET OUTLOOK
NIFTY HAS STRONG RESISTANCE AT 23080
CASH PICK OF THE DAY T1 T2 SL RATIONALE
BUY GMR POWER AT 104 110 113 101 RANGE BREAK OUT
FO PICK OF THE DAY T1 T2 SL RATIONALE
SELL KALYAN JEWELLERS FUT AT 560 540 530 570 LOWER BREAK DOWN

TECHNICAL OUTLOOK

SCRIP
PREV CLOSE
SUPPORT LEVEL
RESISTANCE LEVEL
OUTLOOK
NIFTY
22,421.95
22500
22180
22000
22850
23080
23300

RESISTANCE AT 23080
BANK NIFTY
54,450.75
54200
53800
53200
55000
55600
56110
RESISTANCE AT 55000
M&M
2,860.00
2970
2940
2900
3030
3090
3120
SELL ON RALLY
HDFCBANK
721.20
708
676
658
752
777
796
SELL ON RALLY
VEDL
252.05
256
248
244
278
286
291
SELL ON RALLY
TCS
2,075.00
2075
2040
2008
2135
2188
2210
SELL ON RALLY
ITC
255.90
263
257
251
272
277
281
SELL ON RALLY
SBI
954.10
968
949
930
999
1025
1050
BUY ON DIPS
DLF
658.40
650
633
618
678
690
707
SELL ON RALLY
INFOSYS
1,035.00
1008
988
976
1039
1063
1089
SELL ON RALLY
TMPV
279.40
295
288
280
308
320
333
SELL ON RALLY
PFC
318.00
330
321
308
347
356
374
SELL ON RALLY
TATA STEEL
178.00
184
180
177
192
195
200
BUY ON DIPS
HINDUNILVR
1,836.00
1920
1895
1860
1971
2008
2041
SELL ON RALLY
TATAPOWER
350.15
357
346
338
371
388
397
SELL ON RALLY
ICICIBANK
1,310.60
1325
1301
1287
1388
1415
1440
BUY ON DIPS
BAJFINANCE
948.30
969
942
928
1010
1050
1088
SELL ON RALLY
RELIANCE
1,167.70
1207
1178
1150
1252
1288
1307
BUY ON DIPS
AXISBANK
1,217.10
1180
1155
1127
1205
1233
1285
SELL ON RALLY
MARUTI
11,386.00
11850
11650
11400
12200
12400
12800
SELL ON RALLY
HINDALCO
941.85
965
948
933
1009
1040
1063
BUY ON DIPS
ACC
1,182.80
1225
1200
1188
1288
1305
1340
SELL ON RALLY
LT
3,693.40
3860
3820
3795
3920
3960
4000
SELL ON RALLY
RECLTD
287.75
301
288
277
325
337
354
SELL ON RALLY
INDUSINDBK
886.85
901
888
863
937
960
989
SELL ON RALLY

 

STOCKS 2 WATCH

 

SCRIP
DECIDER LEVEL
TREND
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DISCLAIMER: The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip

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