Finnifty Intraday Analysis for 16th September 2026

NSE:CNXFINANCE The two-day US FOMC meeting starts tonight, and its near-term interest rate decision on tomorrow night will heavily influence global markets. A rate hike or adverse commentary will pressure global capital markets, whereas keeping rates steady would bring a sigh of relief. The 25500 support is broken which will act as resistance as long as this resistance is not broken decisively and index is near 25000 support level and this support is broken too then another 400 - 500 point down side risk will be opened. The upward movement may lead the Index to 25350 - 25400 resistance range and if the index crosses and sustains above this level then may reach near 25650 - 25700 range. On the contrary, The downward moment may drag the to 24800 – 24750 support range and if this support too is broken then index may tank near 24500 – 24450 range.