Nifty faces vulnerability due to rising Middle-East tensions and soaring oil prices. Despite this, Nifty Bulls may attempt a recovery, with key support at 19507. The preferred Nifty trade is to buy on dips in the 19500-19525 range, with targets at 19707 and aggressive targets at 19889. Bank Nifty offers a similar strategy in the 43300-43350 range, with targets at 44100 and 44551. The Fed is expected to proceed cautiously regarding rate hikes. Nifty's technical outlook suggests strength above 19757, while options data indicates a trading range of 19300-20000. FIIs have sold over Rs. 15,000 crore in October. Q2 results are expected from various companies today, including JSW Steel, JSW Energy, and Hindustan Zinc.