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Daily_Technical_Report_150926

Published on 15th September 2026
Technology

It was another disappointing week of trade for NIFTY, as prices continued to decline, with the losing streak now extending to the fifth consecutive week. While the week began on a muted note, selling pressure accelerated as the week progressed, particularly during the first three trading sessions. Thereafter, some resilience among buyers on the penultimate day helped cap the losses, while a smart intraday recovery on the final day, following a significant gap-down opening, helped recoup all of the overnight losses. The index eventually settled at the 23398 mark, registering a weekly loss of 2.09%.

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