Finnifty Intraday Analysis for 21st September 2026

NSE:CNXFINANCE The enactment of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 empowers the US President to impose up to 100% tariffs on countries like India for importing Russian oil. Coupled with crude price surges driven by the ongoing Russia-Ukraine war and fresh Houthi-Saudi escalations, these geopolitical developments are sentimentally negative for the Indian market. The index is near 25500 resistance and if index sustains above this level then uptrend is expected to continue else index has strong support near 25300 level. The upward movement may lead the Index to 25750 - 25800 resistance range and if the index crosses and sustains above this level then may reach near 26050 - 26100 range. On the contrary, The downward moment may drag the to 25250 – 25200 support range and if this support too is broken then index may tank near 24950 – 24900 range.