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Market Next Week: Will Nifty break 22,000 or recover? Experts weigh in on future trends.
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CNBC Awaaz•03-10-2026, 10:23
Market Next Week: Will Nifty break 22,000 or recover? Experts weigh in on future trends.
- •The 22,000 level remains crucial for Nifty next week, with 22,150-22,100 identified as a critical support zone.
- •Sudeep Shah of SBI Securities suggests Nifty breaking below 22,000 is unlikely due to an excessive fall; consolidation or recovery is more probable.
- •Nifty has seen a sharp 14% decline so far in 2026, closing lower for eight consecutive weeks.
- •Bank Nifty has a key support zone at 54,000-53,700 and has outperformed the benchmark index recently.
- •If Bank Nifty sustains above 55,200, a strong recovery towards 56,000 and 56,500 could be seen.
Key Questions Answered
According to Sudeep Shah, the 22,150-22,100 support zone is very crucial for Nifty. If Nifty consistently stays below 22,100, the path for 22,000 and lower levels could open up.
Nifty has suffered a sharp decline of about 14% so far in 2026 and has closed lower for eight consecutive weeks, indicating significant short-term pressure.
The 54,000-53,700 band acts as an important support zone for Bank Nifty, while the 55,000-55,200 zone serves as immediate resistance. Sustaining above 55,200 could lead to a strong recovery toward 56,000 and 56,500.
