NSE:CNXFINANCE Index is near 24500 resistance level and if index crosses and sustains above this resistance then upward movement will lead the Index to 24700 level and beyond. On the downside, the index may tank further if the 24200 - 24100 support range is broken. However, the Market will be cautious ahead of the USFED FOMC outcome scheduled on 28th October 2026 night. The upward movement may lead the Index to 24550 - 24600 resistance range and if the index crosses and sustains above this level then may reach near 24850 - 24900 range. On the contrary, The downward moment may drag the to 24050 – 24000 support range and if this support too is broken then index may tank near 23750 – 23700 range.
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