Date 25.09.2026
NIFTY OUTLOOK: 23063.10 FII -5027.36 cr DII 4301.18 cr
As discussed yesterday market behaviour remained on the expected lines during the day, as buyers failed to push the price higher, resistance at high and weak momentum create the selling pressure which drift down the nifty extreme upto 23046.15
Further a bearish candle opened with gap down appeared on daily chart of nifty suggest selling pressure for nifty hence if nifty decisively breakdown 23010 then it may slide further upto 22957 to 22904. If more supply will accentuate then it may have chances to test 22851.
Furthermore daily RSI reached to oversold zone and revealed positive diversion which may attract bounce upto 23116 to 23170. If break above these resistances and sustain may push the nifty upto 23223 to 23275.
Bank Nifty OUTLOOK:
SPOT: 55438.50 Pcr: 0.74 Max Ce OI on 57500 & Max Pe OI on 57500
On September 24, 2026, a Bank Nifty index was closed at 55438.50 (-1110.40) (-1.96%). The total movement in the index was 577.20 during the trading session. The index made a high of 55918.40 and a low of 55341.20.
Technical view:
Important support and resistance level of Bank Nifty Future are 55415 and 56224 respectively.
Intra Day support and resistance level of Bank Nifty Future are 55410 and 55818 respectively.
The Relative Strength Index (RSI) for the Nifty Bank index at 35.9. Below 30 is considered oversold and above 70 overbought.
Bank nifty Day SMA Analysis
Bank nifty is trading above 0 out of 8 SMA’s.
Bank nifty is trading below 8 out of 8 SMA’s (5, 10, 20, 30, 50, 100, 150, 200 Day).
No active Candlestick Pattern was identified in bank nifty on daily chart.
Important Pivot Point Levels for Today
Nifty (Spot)
| S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
| 22743.05 | 22894.6 | 22978.85 | 23130.4 | 23214.65 | 23366.2 | 23450.45 |
Bank Nifty (Spot)
| S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
| 54636.47 | 54988.83 | 55213.67 | 55566.03 | 55790.87 | 56143.23 | 56368.07 |
By Ashok Bhandari (RA)
SEBI Regd. No. INH00019549


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