Nifty MidCap Select Index
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Midnifty Intraday Analysis for 18th September 2025

22
NIFTY_MID_SELECT

Index has immediate resistance near 13250 – 13275 range and if index crosses and sustains above this level then may reach 13400 – 13425 range.

Midnifty has immediate support near 13050 – 13025 range and if this support is broken then index may tank near 12925 – 12900 range.

The global market will react to the outcome of the US FOMC meeting scheduled tonight. Rate cut and / or positive commentary will propel the market along with the bullion market and no rate cut and / or cautious commentary will drag the market.
Dagangan ditutup: sasaran tercapai
Gap up opening then tank to low near 13140 then bounced again with high near 13250 and closed near 13235.

Penafian

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