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Forecast by Experts for Today: Small Red Candle on Chart; Potential Resistance at 25,500 – Examine Support, RSI Levels

Predicted Nifty Trend by Experts: Yesterday's Nifty candle indicates a small red formation, suggesting a potential downturn. Experts have pointed out a prominent higher top and higher bottom chart pattern on the daily Nifty chart. The market shows resistance in the 25500-25550 range, while...

Anticipated Market Forecast: Small Decline Indicated; Potential Resistance at 25500 – Examine...
Anticipated Market Forecast: Small Decline Indicated; Potential Resistance at 25500 – Examine Support Levels, Relative Strength Index

Forecast by Experts for Today: Small Red Candle on Chart; Potential Resistance at 25,500 – Examine Support, RSI Levels

In the ever-changing world of the stock market, today's news brings a mix of predictions, trends, and significant events. Here's a rundown of what you need to know.

Nifty Prediction Today

Experts have weighed in on the Nifty prediction for today, but no specific forecast for tomorrow is mentioned in the article. The Nifty 50 Chart shows a small red candle, indicating a potential downturn. However, the Nifty RSI today suggests a slight oversold condition, offering a glimmer of hope for a potential recovery.

Market Movers

Stocks to watch today on Sep 19 include Vedanta, JSW Energy, Adani Group stocks, Oil India, and more. Citi has hiked the share price target for Samvardhana Motherson, maintaining a SELL rating, citing five reasons.

Dividends and More

There is an opportunity for a Rs 50 dividend per share, with the credit date after Diwali. Additionally, a Rs 367.2 Bonanza is available for 123 stocks as they go ex-date today, with dividends, splits, and rights issues. The record date for NSDL dividend in 2025 is today.

Market Challenges

MobiKwik has frozen 2000 merchant accounts due to heavy losses, reflecting the challenges faced by some companies in the market.

Major Developments

TCS and Vodafone Idea have inked a 5-year deal for undisclosed reasons, marking a significant development in the tech and telecom sectors.

Looking Ahead

The Indian Railways plans to introduce 1000 Amrit Bharat Express and up to 200 Vande Bharat Sleeper trains, signalling a push towards modernising the rail network.

Remember, this article serves as a summary of the current market landscape and predictions. Always conduct your own research and consult with a financial advisor before making investment decisions.

This article was edited by Abhinav Ranjan on September 19, 2025. A picture from FREEPIK/ ET NOW is provided for illustrative purposes.

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