Nifty Cement Prediction for Tomorrow, 23 October 2026 (Including F&O)

October 22, 2026
Posted by: Ankit Jaiswal
Category: Uncategorized

UltraTech Cement closed at 10,958.00, up 1.00%. Nifty 50 fell 0.54%. India VIX rose 0.96% to 15.83. Next session is tomorrow, Friday 23 October.

Quick Answer

The nifty cement prediction for tomorrow is constructive for tomorrow, 23 October 2026. UltraTech Cement, the lead stock for the space, rose 1.00 percent to Rs 10,958.00 on Thursday, a second straight gain after Wednesday’s 1.87 percent rise, while the Nifty 50 fell 0.54 percent. The stock closed near its high of 10,976.

This nifty cement prediction for tomorrow follows a Thursday, 22 October 2026 session in which UltraTech Cement, the lead stock for the cement space, rose 1.00 percent to Rs 10,958.00, a second straight gain.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking sector-specific triggers and F&O positioning ahead of the session tomorrow, which falls on Friday, 23 October 2026.

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Table of Contents

What Thursday Told Us

UltraTech Cement closed at 10,958.00, up 1.00 percent on 22 October 2026.
The broader Nifty 50 fell 0.54 percent.
India VIX rose 0.96 percent to 15.83.

Nifty Cement Prediction for Tomorrow: Key Levels

UltraTech Cement traded between 10,651.00 and 10,976.00 on Thursday, against a previous close of 10,849.00, and settled at 10,958.00. On the downside, 10,849.00 and 10,651.00 are the first reference levels to watch if the day’s move is tested. On the upside, 10,976.00 marks the nearest resistance. Univest’s analysts treat these as reference points drawn from Thursday’s trading range, not as targets.

Trend	Support	Resistance
Positive	10,849.00, 10,651.00	10,976.00

The sector index level was not available in this data pull, so the table tracks UltraTech Cement as the lead constituent for the Cement space.

Key Drivers for Tomorrow

UltraTech Cement rose 1.00 percent, with a high of 10,976.00 and a low of 10,651.00.
The stock rose against a falling market, a sign of relative strength.
Infrastructure spending and fuel costs are the sector’s usual triggers.

Anyone following this nifty cement prediction for tomorrow should keep the next session’s opening range in view before reading too much into early moves.

Stocks and Triggers to Watch in the Nifty Cement Space

UltraTech Cement is the largest listed cement company and a reliable read on the sector. The close is now above last Friday’s close of 10,907, so the Monday fall has been fully recovered.

In the F&O segment, Univest’s analysts suggest watching open-interest changes near the support and resistance levels above before drawing conclusions. India VIX rose 0.96 percent to 15.83 on Thursday, so option swings may stay on the wider side tomorrow.

Univest’s analysts suggest treating this nifty cement prediction for tomorrow as a preparation note for Friday, 23 October 2026, rather than a signal that changes overnight.

These are educational views, not buy calls, and each should be checked against your own risk plan before acting.

How Thursday’s Broader Session Unfolded

The Nifty 50 closed at 22,687.65, down 0.54 percent, with a high of 22,785.00 and a low of 22,554.85. The Sensex closed at 73,249.39, down 0.62 percent, and the Bank Nifty closed at 54,925.70, down 0.09 percent. India VIX, the market’s fear gauge, rose 0.96 percent to 15.83, which keeps expected swings in the near term on the wider side. The Nifty 50 has now fallen about 2 percent from last Friday’s close of 23,146.15, with Thursday adding to Wednesday’s 0.34 percent decline. Nifty FMCG fell 1.41 percent and Nifty IT fell 1.05 percent, while Nifty Pharma rose 0.12 percent. The trigger for the broad fall was not independently confirmed.

This nifty cement prediction for tomorrow will be most useful when read alongside the support and resistance table above.

Analyst View for Tomorrow

Kunal Singla suggests that UltraTech can hold above 10,849, the previous close, with 10,976 the resistance to clear.

Ankit Jaiswal flags that relative strength against a falling market is a positive, but crude oil’s rise is a cost concern.

A fair reading of this nifty cement prediction for tomorrow is that Thursday’s data sets the context, while Friday’s first hour decides how much of it carries forward.

Why This Is Written for Tomorrow

This nifty cement prediction for tomorrow is written after the close on Thursday, 22 October 2026, using Thursday’s closing data, for the next trading session on Friday, 23 October 2026. Treat it as a briefing to prepare for that session, not a live call that updates through the evening.

Track the Nifty Cement Space on Univest Screeners

Readers comparing views should note that this nifty cement prediction for tomorrow draws only on Thursday’s closing numbers and the factors listed here.

Risks to This Prediction

Rising crude oil can lift fuel costs for cement makers.
After two gains, the stock could pause below 10,976.
Demand can stay soft during the post-monsoon construction lull.

As with any nifty cement prediction for tomorrow, the opening minutes of Friday’s trade will confirm or challenge the levels discussed here.

The nifty cement prediction for tomorrow also depends on India VIX, so a fresh rise in volatility would weaken the case made here.

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Conclusion

The nifty cement prediction for tomorrow leans constructive into 23 October 2026, with broader Nifty 50 direction and India VIX as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Friday’s opening trade confirms direction.

For traders, this nifty cement prediction for tomorrow is a framework for planning risk, with position size and stop levels left to the individual.

Disclaimer: Investments in securities are subject to market risk. Read all related documents carefully before investing. The information provided here is for educational purposes only and does not constitute investment advice. Univest is a SEBI-registered investment adviser (Registration No. INH000013776). Past performance is not indicative of future returns.

Frequently Asked Questions

What is the nifty cement prediction for tomorrow?

Ans. It is constructive for 23 October 2026, after UltraTech Cement, the lead constituent, closed at 10,958.00 on Thursday, up 1.00 percent.

Why is this a prediction for tomorrow, 23 October 2026?

Ans. Because it is written after the close on Thursday, 22 October 2026, for the next regular trading session on Friday, 23 October 2026.

Why did UltraTech Cement rise on Thursday?

Ans. UltraTech Cement rose 1.00 percent while the Nifty 50 fell 0.54 percent. The specific trigger was not independently confirmed.

What are the key levels for the cement space tomorrow?

Ans. UltraTech’s low of 10,651.00 and the previous close of 10,849.00 are support below the price, while Thursday’s high of 10,976.00 is the nearest resistance.

Is this a buy or sell call?

Ans. No. This is an educational outlook from Univest’s research team, not a buy or sell call. Traders should check any view against their own risk plan before acting.

nifty cement

Author: Ankit Jaiswal

Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.