NIFTY Volatility is expected due to monthly F&O expiry scheduled on 29th Sept 2026. Index is above 23000 support level and range bound moment is expected in 23000 - 23500 range. Uptrend will be formed when the index will sustain above 23500 level.
The upward movement may lead to 23300 – 23350 resistance range and if the index crosses and sustains above this level then may reach near 23550 – 23600 range.
On the contrary, The downward moment may drag the Index to 22825 – 22775 support range in downward momentum and if this support is broken then index may tank near 22550 – 22500 range.
Trade closed: target reached
Gap down opening with high near 23080 and further tank to low near 22760 with close near 22780.
Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
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Disclaimer: Above discussion is not a Buy or Sell recommendation. This is only for educational purpose.
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Request for follow on X @rkmaurya_ra
Survey: Help us shape better advisory & learning services forms.gle/KdZGVk727dX4Ummc6
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.