NIFTY Intraday Levels for 29th Sep 2025Nifty 50 IndexNSE:NIFTYDSKF16Outlook: What to Watch on 29th Sep 2025 •The market is likely to open cautiously Last trading day before SEP Exp; (Though GIFTNIFTY closed with Minor +Ve @ 24705 (+15 odd points.) compare to NIFTY FUT @ 24689.9, with limited directional conviction unless new catalysts emerge. *** Made a Low near 78.6% (@ 24628315) Fib Retracement level of recent Swing Low @24404.70 & Swing High @25448.95 Treated as Strong Correction So can say Pullback Rally can not be Ruled out. •Support zones to watch: ~ 24,400 to ~ 24,520 (Watch Plotted and Tabled levels) •Resistance / hurdle zones: ~ 24,800 to ~ 25,000 (Watch Plotted and Tabled levels) •Expect volatility, as India VIX had spiked (~ +6 %) in the previous session, indicating heightened nervousness. Technical Analysis: Patterns, Indicators, and Key Levels Technical charts reveal a bearish undertone following recent declines. The index has logged multiple red sessions, with the latest close at 24,654.70 on September 26, 2024, marking a 0.95% drop. Candlestick patterns, including Doji formations, signal indecision amid profit booking in banking and IT sectors. Intraday indicators like RSI (hovering near neutral 45-55) suggest no extreme overbought/oversold conditions, but a break below 24,700 could accelerate selling. Support and resistance levels are critical Level Type,Key Levels (INR),Implications Support,"24,676-24,700, 24,400",Potential bounce zones; breach signals deeper correction. Resistance,"24,761, 25,000-25,100","Upside caps; sustained break could target 25,200." Fundamental Analysis: Macro Cues, Flows, and Sectoral Impacts India's macroeconomic backdrop remains robust, with GDP growth projected above 7% for FY25, driven by domestic demand. Inflation has eased, bolstering hopes for RBI rate cuts (potentially 25 bps if benign trends persist). However, FII/DII flows tilt negative: Recent data shows FII selling amid US tariff fears on pharma and visa hikes impacting IT (e.g., 1-2% sectoral drops). DIIs have countered with buys, providing some cushion. Sectoral news: IT and pharma face headwinds from US policies, while energy and metals benefit from stable global commodities. Global markets add pressure—US indices mixed, Asian peers down—potentially dragging Nifty via correlated moves. Assumptions: No major RBI announcements today; focus on flows as primary driver. Balanced perspective: Strong inflows and export resilience could mitigate downsides, but short-term sentiment favors caution. Sector Performance Impact, Key Drivers IT Down 1-2%, "US visa curbs, tariffs" Pharma Down 1%, Global trade tensions Banking Mixed FII outflows offset by DII Energy Stable Commodity prices # "WEEKLY Levels" mentioned in BOX format. ^^^^^^^Plot Levels Using 3 Min, 5 Min Time frame in your Chart for Better Analysis^^^^^^^ L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias. L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above. L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias. L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt HZB (Buy side) & HZS (Sell side) => Hurdle Zone, *** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature) Rest Plotted and Mentioned on Chart Color code Used: Green =. Positive bias. Red =. Negative bias. RED in Between Green means Trend Finder / Momentum Change / CYCLE Change and Vice Versa. Notice One thing: HOW LEVELS are Working. Use any Momentum Indicator / Oscillatoror as you "USED to" to Take entry. ⚠️ DISCLAIMER: The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. I am not a SEBI-registered financial adviser. Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research. "As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's". Do comment if Helpful.