Nifty Technical Analysis – 23 September 2025

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🕒 1-Day Chart

Support Levels:

25,200: Immediate support; bulls need to defend this level.

25,050: Critical support; a break below this could lead to further downside.

Resistance Levels:

25,300: Immediate resistance; a breakout above this could lead to a rally.

25,450–25,500: Key resistance zone; bulls need to reclaim this for a bullish trend.

Technical Indicators:

RSI is below 60, indicating weakening momentum.

MACD shows a bearish crossover, suggesting potential downside.

Market Sentiment:

The index formed a bearish candle with a long upper shadow, indicating selling pressure at higher levels.

The index is trading below the 10-day EMA, suggesting a short-term downtrend.

🕓 4-Hour Chart

Support Levels:

25,150: Immediate support; a break below this could lead to further downside.

25,000: Strong support; bulls need to defend this level.

Resistance Levels:

25,300: Immediate resistance; a breakout above this could lead to a rally.

25,450: Key resistance; bulls need to reclaim this for a bullish trend.

Technical Indicators:

RSI is below 60, indicating weakening momentum.

MACD shows a bearish crossover, suggesting potential downside.

Market Sentiment:

The index is trading below the 10-period EMA, suggesting a short-term downtrend.

🕐 1-Hour Chart

Support Levels:

25,150: Immediate support; a break below this could lead to further downside.

25,000: Strong support; bulls need to defend this level.

Resistance Levels:

25,250: Immediate resistance; a breakout above this could lead to a rally.

25,400: Key resistance; bulls need to reclaim this for a bullish trend.

Technical Indicators:

RSI is below 60, indicating weakening momentum.

MACD shows a bearish crossover, suggesting potential downside.

Market Sentiment:

The index is trading below the 10-period EMA, suggesting a short-term downtrend.

🕒 15-Minute Chart

Support Levels:

25,150: Immediate support; a break below this could lead to further downside.

25,000: Strong support; bulls need to defend this level.

Resistance Levels:

25,250: Immediate resistance; a breakout above this could lead to a rally.

25,400: Key resistance; bulls need to reclaim this for a bullish trend.

Technical Indicators:

RSI is below 60, indicating weakening momentum.

MACD shows a bearish crossover, suggesting potential downside.

Market Sentiment:

The index is trading below the 10-period EMA, suggesting a short-term downtrend.

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