{"id":423886,"date":"2025-09-14T14:27:13","date_gmt":"2025-09-14T14:27:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/423886\/"},"modified":"2025-09-14T14:27:13","modified_gmt":"2025-09-14T14:27:13","slug":"trade-setup-for-september-15-nifty-may-test-25400-this-week-after-longest-rally-in-a-year","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/423886\/","title":{"rendered":"Trade Setup for September 15: Nifty may test 25,400 this week after longest rally in a year"},"content":{"rendered":"

The markets continued their upward momentum for the eighth straight session on Friday, marking their longest gaining streak in a year. The Nifty climbed to a two-month high, reclaiming levels above 25,100.<\/p>\n

After opening with a 70-point gap, the index advanced further in the early to mid-session before settling into a narrow range. Broader market participation strengthened the uptrend, helping the Nifty close the week above 25,100. The index gained 109 points to end at 25,114.<\/p>\n

Among Nifty constituents, BEL and Bajaj Finance emerged as top gainers, while Eternal and Hindustan Unilever were the biggest losers.
\n<\/p>\n

\nThe broader market also held firm, with the Nifty Midcap100 up 0.3% and the Smallcap100 rising 0.6%.<\/p>\n

Financial services and metals advanced 1% each, while the IT index posted modest gains led by Infosys after it approved its largest-ever buyback worth \u20b918,000 crore.<\/p>\n

Defence stocks surged, driving the Nifty India Defence index over 4% on the back of fresh order wins.<\/p>\n

Global cues<\/strong><\/p>\n

The Indian equity rally mirrored global markets, where hopes of a US Fed rate cut next week buoyed sentiment. A 25-bps cut is widely expected following weak US jobs data. Such a move typically supports emerging markets like India by weakening the dollar, attracting foreign flows, lowering borrowing costs, and lifting risk appetite.<\/p>\n

Investors will also watch policy decisions from the Bank of England and Bank of Japan, which could influence global liquidity.<\/p>\n

“The near-term outlook remains constructive, albeit with potential volatility around central bank events. Progress in India-US trade negotiations could further boost confidence,” said Siddhartha Khemka of Motilal Oswal.<\/p>\n

Meanwhile, both foreign and domestic institutional investors remained net buyers in the cash market on Friday.<\/p>\n

\n\"\"<\/p>\n

What do the Nifty50 charts indicate?<\/strong><\/p>\n

The Nifty closed above the weekly close of the last eight weeks at 25,100, signaling a positive outlook. The index is trading comfortably above key short- and long-term moving averages.<\/p>\n

Nilesh Jain of Centrum Broking said that a breakout from a symmetrical triangle pattern on the daily chart suggests further upside, with a conservative target of 25,500 likely during the September series. He pegged immediate support at the 50-day moving average around 24,900.<\/p>\n

He recommended a buy-on-declines approach, cautioning that some profit-taking at higher levels is possible after the recent rally.<\/p>\n

Sudeep Shah of SBI Securities mentioned that the Nifty has closed significantly above the 25,025-25,035 resistance zone from earlier sessions. He sees support at 25,050-25,000, with a breach below 25,000 potentially leading to 24,900. On the upside, momentum could carry the index to 25,200-25,250.<\/p>\n

Nagaraj Shetti of HDFC Securities added that sustaining above 25,000-25,100 opens the path towards 25,350-25,400, with support at 24,900.<\/p>\n

Rupak De of LKP Securities said that strong put writing around 25,000 is providing support. As long as the index holds above 24,850, the undertone stays constructive. A move beyond 25,150 could trigger a rally toward 25,500.<\/p>\n

What do the Nifty Bank charts indicate?<\/strong><\/p>\n

The Nifty Bank ended at 54,809.30, up 0.26%, with weekly gains of 1.28%.<\/p>\n

Shah of SBI Securities said support lies at 54,600-54,500, while resistance is placed at 55,100-55,200.<\/p>\n

According to Om Mehra of SAMCO Securities, the outlook remains stable, and a buy-on-dips approach is preferred as long as the index holds above 54,300.<\/p>\n","protected":false},"excerpt":{"rendered":"The markets continued their upward momentum for the eighth straight session on Friday, marking their longest gaining streak…\n","protected":false},"author":2,"featured_media":204554,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[144810,3131,51,144808,144809,2441,3130,82442,79682,22670,82441,16,15,43654,2413],"class_list":{"0":"post-423886","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-apollo-hospitals-shares","9":"tag-bse-sensex","10":"tag-business","11":"tag-dr-reddy-share-price","12":"tag-gmr-airports-share-price","13":"tag-markets","14":"tag-nifty","15":"tag-share-market-setup","16":"tag-share-market-today","17":"tag-stock-market-today","18":"tag-trade-setup","19":"tag-uk","20":"tag-united-kingdom","21":"tag-us-stocks","22":"tag-wall-street"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115203122513493817","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/423886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=423886"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/423886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/204554"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=423886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=423886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=423886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}