NIFTY MARKET OUTLOOK — 18 SEPTEMBER 2026
Previous close: 23,293.85 | Day range so far: 23,270.60 – 23,359.35
Market regime: BEARISH (75.0%)
India VIX: 12.2
Trend
VWAP: 24,103.30 | EMA20: 23,679.09 | EMA50: 23,939.52 | RSI: 17.9 | ADX: 48.2
Support & Resistance
Support: 23,737.90, 23,623.10, 23,431.50
Resistance: 23,890.00, 23,914.45, 24,005.75
Expected range: 23,737.90 – 23,890.00
Options positioning
Upcoming expiries: 2026-09-22, 2026-09-29, 2026-10-06
PCR / OI concentration: unavailable — Yahoo carries no NSE option chain.
Why this view?
✓ Price below VWAP (24,103.30)
✓ RSI 18 (oversold)
✓ ADX 48 (trending)
✓ India VIX 12.2
Intraday plan
Strategy locks at the 9:30 AM outlook — see Strategy Intelligence and live NIFTY dashboard.