Nifty 🟡 23,146; recovery bias above 23,070, with resistance near 23,226
Bank Nifty 🟡 55,844; needs sustained strength above 56,000–56,047
Haldyn Glass manufactures glass containers serving food, pharmaceutical, beverage, liquor and beer customers. Its packaging business provides exposure to several consumption categories rather than dependence on one end-use market.
Gift Nifty stood at 23,114, up 0.03%, at 8:21 AM on 19 October 2026, indicating broadly flat opening cues for Indian equities. The contract traded below its opening level, suggesting restrained early buying despite the previous recovery in domestic markets.
Nifty closed at 23,146.15, up 0.65%, forming a bullish candle with a long lower shadow. The technical outlook remains positive above 23,000, with immediate resistance at 23,250.
HCLTech’s proposed momentum trade is a buy above Rs. 1,385, targeting Rs. 1,398 and Rs. 1,410, with a stop loss at Rs. 1,355 over 5–7 trading days.
