A bear candle appeared on both the daily and weekly charts, indicating a sharp reversal in Nifty’s near-term uptrend. Currently positioned near the support level around 25,000, there is potential for a minor upside bounce early in the week, likely presenting a sell-on-rise opportunity. A decisive break below the 25,000-24,950 range could lead to a further decline toward 24,500. Immediate resistance is expected around 25,300, according to Nagaraj Shetti of HDFC Securities.
Oil little changed as traders assess supply risks
Oil prices remained stable amidst geopolitical tensions in the Middle East and Russia, coupled with concerns over trade tariffs impacting fuel demand. Escalating conflict in
September 23, 2025