Q4_fy_26 Quarterly Nifty Indices View 2026

Lesson 21/16 | Study Time: 15 Min

Course: NIFTY-50 Daily Tracker: Stay Updated on the Indian Stock Market Index

Quarterly Indices View

Indices & major Indices report by: PROFIT FROM IT

What We Discussed in Q2_fy26: Nifty was 25517

Considering improvement in demand and good early monsoon, the +ve bias we saw last quarter could even continue further for the 2nd quarter in a row towards 26876 which would be the new lifetime high soon. Further the recovery could be seen further even towards 28335 or 30801 in the next few quarters. The -ve trend in the current situation before Nifty makes the new lifetime high of 26876 could again re-enter temporarily for 2-3 quarters if & only if Nifty fails to move and close above 26278 previous lifetime high on the quarterly basis, else bias could be flat to +ve. The correction again towards 22951 could be seen only in such a case if Nifty resists moving beyond 26278. Hence the level to track for this quarter should be 26278 closely for the decisive move ahead. Anyway, stick to the rules: Buy during falls and avoid buying during rally. As you bought during past fall near 22000 can book some profits near previous life time high of 26278.

What happened in Q3_fy26: Nifty is 26130

During Q2 fy26 Nifty moved in the range bound mode of previous quarter high and low, we did not saw the higher high or the lower low, but yes Q3 Nifty moved as expected and we saw the New lifetime high of 26326. Nifty made the higher high higher low and the higher close, but close was not above previous lifetime high level of 26277 suggesting indecisiveness in the rally. Sales and Profit growth which were muted previous year which attracted the correction of 5 Quarters were also in improvement post in Q3fy26 but US-India trade tariffs were hurting the sentiments. We 5 Quarters correction damaged 4553 points which is 17.3% fall which was fully recovered till Q3fy26, but without breakout.

What to expect in Q4_fy26: Nifty is 26130

After the 100% recovery of the fall, but close below previous quarter high, the most important level to track this quarter should be 24606, quarterly low as we have not seen Nifty making the lower low on a quarterly basis for the past 2 Quarters. Any fall during the quarter till 25049 to 24606 should be treated as the normal cool off. Nifty’s strength sustaining above 24606 can help Nifty make the new lifetime high level of 26769 to even 27723 which is our 1st target for the year 2026, travelling to the untravelled territory where some minor profit booking can be seen. The -ve trend in the current situation could again re-enter if & only if Nifty falls and sustains below 24606 else biases could be flat to +ve. Hence the level to track this whole quarter should be 24606 for the decisive move ahead. Anyway, stick to the rules: Buy during falls and avoid buying during rally. As you bought during past fall near 22000 can book some profits near previous life time high of 26278.

Nifty Q4_fy26 Pivot Points: 25687

Resistance: 26769 | 27407 | 28489

Support: 25049 | 23967 | 23329

+ve broader indices for the Coming Months: Nifty_Bank, Auto, Div_Opportunity, Metal, Value_50, PSUBank, Private_bank, Services

-ve broader indices for the Coming Months: Media,

*USD INR:* CMP: 89.83 The rally could be seen towards 90, 91.3 or even 93.7. The -ve trend in the current situation could again re-enter only if USDINR falls below 87.62. Hence track 87.62 closeldy this quarter.

*Crude:* CMP: 57.42