The Nifty technical outlook suggests a potential consolidation phase before a decisive move.

The Nifty ended the session with a 0.14 percent gain at 25,418 points, while the Sensex ended with a 0.11 percent gain at 83,079 points.

The markets had started on a positive note but quickly dipped, recovered within half an hour, only to fall again.

Federal Reserve's rate-cut decision is expected tomorrow night, which could impact future market movements; India's inflation and trade data are expected today

Nifty technical outlook based on the market closing on Monday, September 16

The Nifty ended the session with a 0.11% gain at 25,383 points; the Sensex ended with a 0.12% gain at 82,988 points.

After opening with modest gains, the market indices gradually climbed to record levels

Despite Friday's marginal decline, traders expect to gain on Monday; focus on the US Fed's decision on rates; gold updates all previous records.

However, the formation of a black candle on the daily chart and the close below the previous day's level signal a potential consolidation phase.

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