Nifty strategy for 17/09/25

Nifty may opened around 25290 levels with 40 points upside where has stiff resistance existed to nifty. If nifty surpassed that level it is tested 25330 levels then it may come back to previous days closing due to ahead of FED MEETING on Wednesday night. Nifty may consolidated between 25300 to 25000 levels until upto any Major news flows into the market. If any surprised outcome came from FED MEET then nifty break above those levels and take further direction neither upside nor downside so Iam advised to investors be cautious before taken positions in the either stocks or indexes.if nifty closed above 25300 levels on daily closing basis it will test 25600 levels in coming days.

Support levels : 25226,25140
Resistance levels : 25297,25330

Stock of the day : NETWEBTECH AND COFORGE investors can add the NETWEB to their portpolios between 2780 to 2740 levels.

Disclimer : I AM NOT A SEBI RESEARCH ANALYST OR FINANCIAL ADVISOR, these recommendations are only for education purpose, not for trading and investment purpose please take an advise from your financial advisor before investing on my recommendations.

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