{"id":29611,"date":"2025-09-21T18:17:10","date_gmt":"2025-09-21T18:17:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/29611\/"},"modified":"2025-09-21T18:17:10","modified_gmt":"2025-09-21T18:17:10","slug":"nifty-likely-to-see-third-week-of-gains-key-resistance-at-25600","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/29611\/","title":{"rendered":"Nifty Likely To See Third Week Of Gains, Key Resistance At 25,600"},"content":{"rendered":"<p>Even after Nifty&#8217;s weak close on Friday, analysts are forecasting the uptrend to continue into the third week. The benchmark closed 0.38% lower at 25,327.05, while Sensex settled 0.47% lower at 82,626.23. <\/p>\n<p>&#8220;Nifty\u00a0on the weekly chart has formed a bull candle with a higher high and higher low signaling continuation of the up move for the third week in a row.\u00a0Key observation on the daily chart is that\u00a0Nifty\u00a0has recently witnessed a bullish crossover of the 20-day and 50-day EMAs, reinforcing the positive short-term outlook&#8221;, stated Bajaj Broking Research. <\/p>\n<p>Immediate resistance for the benchmark lies at 25,500-25,600, &#8220;A decisive breakout above this range could drive further momentum on the upside towards the\u00a025,900 levels&#8221;, the research firm added. <\/p>\n<p>On the downside, key support is placed at 25,100-24,900 levels and Bajaj Broking holds that dips should be used as a buying opportunity. <\/p>\n<p>&#8220;We are of the view that the short-term market outlook remains bullish, but due to temporary overbought conditions, range-bound activity may occur in the near future. Hence, buying on dips and selling on rallies would be the ideal strategy for traders&#8221;, stated Amol Athawale, VP Technical Research, Kotak Securities. <\/p>\n<p>&#8220;Below 25,100\/81900, the uptrend could become vulnerable&#8221;, the analyst added. <\/p>\n","protected":false},"excerpt":{"rendered":"Even after Nifty&#8217;s weak close on Friday, analysts are forecasting the uptrend to continue into the third week.&hellip;\n","protected":false},"author":2,"featured_media":29612,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[114,85,46,190,191],"class_list":["post-29611","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-il","tag-israel","tag-markets","tag-trade-setup"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/29611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=29611"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/29611\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/29612"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=29611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=29611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=29611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}