Midnifty Intraday Analysis for 16th September 2026

NSE:NIFTY_MID_SELECT The two-day US FOMC meeting starts tonight, and its near-term interest rate decision on tomorrow night will heavily influence global markets. A rate hike or adverse commentary will pressure global capital markets, whereas keeping rates steady would bring a sigh of relief. The 14500 support is broken which will act as resistance as long as this resistance is not broken decisively and the down side risk upto 14000 opened. The upward movement may lead the Index near 14425 – 14450 resistance range and if the index crosses and sustains above this level then may reach 14600 – 14625 range. On the contrary, The downward moment may drag the index to 14100 – 14075 support range and if this support is broken then index may tank near 13125 – 13900 range.