NIFTY The global financial markets are closely watching the US Federal Reserve's Federal Open Market Committee (FOMC) interest rate decision and economic commentary scheduled for tonight, 28 October 2026. A rate hike or hawkish guidance could dampen sentiment, whereas a rate pause or positive economic outlook is likely to trigger a market rally.
The upward movement may lead to 22900 – 22950 resistance range and if the index crosses and sustains above this level then may reach near 23150 – 23200 range.
On the contrary, The downward moment may drag the Index to 22500 – 22450 support range in downward momentum and if this support is broken then index may tank near 22250 – 22200 range.
Trade closed: target reached
Open flat with low near 22655 and made high near 22960 with close near 22935.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.