Nifty Intraday Analysis for 21st September 2026

NSE:NIFTY 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 23350 support and the index has strong resistance in the 23400 - 23500 range and if it breaks and sustains above this resistance range then the uptrend is expected to continue. The upward movement may lead to 23550 – 23600 resistance range and if the index crosses and sustains above this level then may reach near 23800 – 23850 range. On the contrary, The downward moment may drag the Index to 23150 – 23100 support range in downward momentum and if this support is broken then index may tank near 22900 – 22850 range.