Dr Praveen Dwarakanath, VP at Hedged.in, noted that Nifty showed strength, rebounding from the middle of the Bollinger band after an intraday dip. The momentum indicators on the hourly chart signalled recovery, supporting a bullish close. Options data suggests a range-bound movement, with put writing at 23,300 and below, and call writing at 23,500 and above.
Positive Breakout: These 12 midcap stocks cross above their 200 DMAs
In the NSE midcap pack, 13 stocks’ closing prices crossed above their 200-day moving averages (DMA) on September 18, 2026, according to StockEdge’s technical scan
September 21, 2026