Quote on Nifty 09th September 2025 by Mr. Nilesh Jain, Head – Technical and Derivatives Research Analyst , Centrum Broking Ltd
Below theQuote on Nifty 09th September 2025 by Mr. Nilesh Jain, Head – Technical and Derivatives Research Analyst , Centrum Broking Ltd
"The markets remained under pressure for the second straight session, and Nifty formed a Doji-like candle on the daily chart, highlighting clear indecision among traders. The index also broke down from a rising wedge pattern, placing stiff resistance at 26,000, which aligns with the 21-DMA. On the downside, the next key support lies at the 50-DMA near 25,670. Overall, the setup appears sideways, and traders should remain cautious as long as Nifty stays below the 26,000 mark."
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