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Daily Market Quote: 08 September 2026

Authored By Prime Research | Published at: Sep 8, 2026 04:19 PM IST

Daily Market Quote: 08 September 2026

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A long bear candle was formed on the daily chart that placed at the support of 23600 levels (previous opening upside gap of 15th June). However, there is no sign of any upside recovery from near the supports so far.
The underlying trend of Nifty continues to be weak. Having placed at the crucial lower supports around 23600 levels there is a possibility of bounce back from near 23600-23500 levels in the short term. Immediate resistance is placed at 23800.
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