Technical Analysis for 16th Sept 2025
Nifty, Bank Nifty & Sensex Predictions
The Indian Stock Market witnessed mixed closing patterns on 15th September 2025, with NIFTY 50 ending at 25,069.20 (-0.18%), Bank NIFTY at 54,887.85 (+0.14%), and SENSEX at 81,785.74 (-0.15%). This comprehensive Technical Analysis provides detailed Market Prediction and strategic insights for tomorrow's trading session with precise support and resistance levels.
Key Observations of Today's Market Closing
NIFTY 50 Analysis
Today's session saw NIFTY opening at 25,118.90 and touching a high of 25,135.40 before declining to close at 25,069.20. The index tested lows of 25,049.40 with a trading volume of 185.33M shares. The daily candle pattern formed a bearish inside bar, indicating consolidation within yesterday's range.
Bank NIFTY Performance
Bank NIFTY demonstrated relative strength by closing in positive territory at 54,887.85. The banking index opened at 54,884.05, reached a session high of 55,016.90, and found support at 54,810.05. With 71.99M volume, the index formed a small bullish candle suggesting potential upward momentum.
SENSEX Movement
SENSEX mirrored NIFTY's weakness, closing at 81,785.74 after opening at 81,925.51. The index hit a high of 81,993.92 and low of 81,746.12 with 9.60M trading volume. The candle pattern shows a bearish reversal from opening levels.
Support & Resistance Levels
NIFTY 50 Key Levels
- Immediate Resistance: 25,153 (Critical breakout level)
- Major Resistance: 25,245, 25,323, 25,438
- Immediate Support: 25,035 (Crucial support zone)
- Major Support: 24,975, 24,886, 24,750
Bank NIFTY Critical Zones
- Immediate Resistance: 55,000 (Key breakout level)
- Major Resistance: 55,260, 55,474, 55,830
- Immediate Support: 54,750 (Important support)
- Major Support: 54,576, 54,352, 54,086
SENSEX Important Levels
- Immediate Resistance: 82,017 (Breakout threshold)
- Major Resistance: 82,234, 82,542, 82,787
- Immediate Support: 81,644 (Critical support)
- Major Support: 81,213, 80,811, 80,333
Nifty Predictions
For NIFTY Technical Analysis, we identify a no trading zone between 25,035 to 25,153. This range represents a critical decision zone for tomorrow's market direction.
Bullish Scenario: If any 15-minute candle closes above 25,153, expect upward momentum with first target at 25,245, second target 25,323, and third target 25,438. However, if the index crosses 25,153 but fails to sustain above it, traders should consider short positions with targets at 25,100 and 25,035.
Bearish Scenario: A 15-minute candle close below 25,035 would trigger downside movement targeting 24,975, followed by 24,886 and 24,750. Conversely, if NIFTY crosses below 25,035 but recovers above it, upside targets would be 25,100 and 25,150.
Bank Nifty Predictions
Bank NIFTY Technical Analysis suggests a no trading zone between 54,750 to 55,000. The banking index shows relative strength compared to broader markets.
Bullish Outlook: A 15-minute candle close above 55,000 would activate upside targets of 55,260, 55,474, and 55,830. If Bank NIFTY crosses 55,000 but closes below, short-side targets include 54,850 and 54,650.
Bearish Scenario: Should the index close below 54,750 on a 15-minute timeframe, expect downside targets of 54,576, 54,352, and 54,086. However, if it crosses below 54,750 but recovers, upside targets would be 54,850 and 54,960.
Sensex Predictions
SENSEX Technical Analysis indicates a no trading zone from 81,644 to 82,017. The index requires a decisive breakout from this range for trending moves.
Bullish Targets: A 15-minute candle close above 82,017 would trigger upside momentum toward 82,234, 82,542, and 82,787. If SENSEX crosses 82,017 but fails to sustain, short targets include 81,850 and 81,650.
Bearish Targets: A close below 81,644 would activate downside targets of 81,213, 80,811, and 80,333. Should the index cross below 81,644 but recover, upside targets would be 81,800 and 82,000.
Tomorrow's Market Prediction (16th September)
Based on comprehensive Market Analysis for Tomorrow, the Indian Stock Market appears to be in a consolidation phase with Bank NIFTY showing relative strength. The market outlook suggests:
- NIFTY: Sideways to mildly bearish bias until 25,153 breakout
- Bank NIFTY: Cautiously optimistic with potential for upside breakout
- SENSEX: Range-bound movement expected within defined levels
Key factors to monitor include global cues, FII/DII activity, and sector rotation. The market structure suggests institutional accumulation in banking stocks while broader indices consolidate.
Final Verdict
Today's Technical Analysis reveals a mixed market sentiment with banking stocks outperforming broader indices. Our Market Prediction accuracy from previous sessions continues to guide traders effectively through volatile conditions.
For tomorrow's session, maintain discipline with the defined support and resistance levels. The no trading zones are crucial for risk management, and traders should wait for decisive breakouts before initiating positions.
Disclaimer
This analysis is for educational purposes only. Not investment advice. Please consult your financial advisor before trading.
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