Markets◆ Mixed
Trade Setup For Sept 18: Nifty Faces Key Test At 23,100, Breach May Trigger Bear Attack, Say Analysts
· NDTV Profit
A sustained breach below 23100 would indicate renewed selling pressure and may trigger a fresh round of correction, dragging the index towards the 22950 level in the short term, according to technical experts.
Key facts
- Dates in focus
- Sept 18
The analysis
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- This is a market-wide development — its reach goes beyond any single stock.