Nifty Expiry Today Prediction 6 Oct: Where is the index headed? Key support, resistance, and trading strategy
RBI is in focus with 6 Oct in focus.
6 Oct 2026 · LiveMint Markets
The Nifty index shows signs of recovery after heavy selling, supported by improved global cues and easing crude oil concerns. However, key resistance levels at 22,700-22,750 persist, with traders eyeing the 22,400-22,450 support range and upcoming RBI policy announcements.
Key facts
- Dates in focus
- 6 Oct
The analysis
This is an Input cost / crude event. India imports most of its crude, so input costs pass through to margins downstream and to the rupee. Producers and consumers of the same input move in opposite directions.
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Why it matters
- With RBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- This is a market-wide development — its reach goes beyond any single stock.