Midnifty Intraday Analysis for 21st September 2026

NSE:NIFTY_MID_SELECT 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 at 14500 resistance and index sustains above this level and 14500 Put writing increases than Call writing then uptrend will continue else 14500 will act as profit booking level. The upward movement may lead the Index near 14650 – 14675 resistance range and if the index crosses and sustains above this level then may reach 14825 – 14850 range. On the contrary, The downward moment may drag the index to 14350 – 14325 support range and if this support is broken then index may tank near 14175 – 14150 range.