expertadvice

Chartist Talk: Sudeep Shah bets on these 2 stocks but sees bearish move in Kfin Technologies, Godrej Properties next week

Looking ahead, the 200-day EMA zone between 24,300 and 24,250 has become a critical support area for the Nifty 50. A sustained move below 24,250 could intensify selling and potentially push the index toward the 24,000 mark, said Sudeep Shah of SBI Securities.

Nifty at crossroads: Technical structure signals bearishness, but oversold readings in price action & FPI positioning leave scope for relief rally

Traders are advised to adopt a sell-on-rise approach near resistance, while staying nimble to flip their stance if momentum above 25,150 gathers pace in Nifty 50.

India VIX: The risk index that best reflects market fear, says Shubham Agarwal

Index of forward looking volatility can thus be termed as risk index. Higher the index, higher will be the possibility of downward move and higher will be the risk of loss.

Technical View: Bears dominate for third session; August swing low at risk if rising trendline breaks; stay with sell-on-rally strategy

The weekly options data also suggested that 24,400 is expected to be the immediate support for the Nifty 50, with 24,300 as the next level to watch, and immediate resistance located in the 24,500–24,600 zone.

Trading Plan: Will Nifty 50, Bank Nifty start September series on positive note?

According to experts, after a sharp sell-off, a relief rally can be possible, but the sustainability of the same is key to watch. If the index decisively breaks 24,400 (upward sloping support trendline), then 24,260 (200-day EMA) is the level to watch. However, 24,600–24,700 can be a possible resistance on the higher side.

Trade Spotlight: How should you trade Caplin Point, Jindal Stainless, Engineers India, Advanced Enzyme, Nykaa, Endurance Tech, and others on August 29?

A rebound may be possible after the severe sell-off, but sustainability is the level to watch given the bearish sentiment. Below are some short-term trading ideas to consider.

Trade setup for August 29: Top 15 things to know before the opening bells

If the correction widens further, 24,400 and 24,340 are the levels to watch. However, in case the Nifty 50 rebounds, the 100-day EMA, and 24,700 level could act as possible resistances, according to experts.

Technical View: Bears tighten grip as Nifty slips below 100 DEMA, raising chances of August low retest; Bank Nifty eyes 200 DEMA

The weekly options data suggested that 24,000 is expected to be a crucial support for the Nifty 50, with resistance at 24,700–24,800 levels.

Trade Spotlight: How should you trade Dabur, Waaree Energies, PVR Inox, Britannia, SJVN, RattanIndia Enterprises, PNB, and others on August 28?

Overall, the bearish sentiment may prevail, and any bounce back may face selling pressure. Below are some short-term trading ideas to consider.

Trading Plan: Can Nifty 50 defend 100-day EMA, Bank Nifty hold Tuesday’s low on monthly F&O expiry day?

If the Nifty 50 fails to defend the 100-day EMA (24,635) in the upcoming sessions, a fall toward the August low (24,337) can’t be ruled out. However, staying above it can raise hopes for a fresh leg of upside toward 24,900–25,000 after likely consolidation, experts said.

Trade setup for August 28: Top 15 things to know before the opening bells

If the Nifty 50 decisively breaks the 100-day EMA support, the selling could drag it down toward 24,500. However, consistently defending this level could lead to some consolidation, followed by a short-covering rally toward the 24,900–25,000 zone, according to experts.

Chartist Talk: Bet on these 2 stocks with worst over for HUL, Maruti Suzuki looks overbought after 18% rally, says Centrum’s Nilesh Jain

Overall, the technical setup appears weak, but with the monthly August expiry approaching, any positive trigger could spark a strong short-covering rally in the Nifty 50, said Centrum’s Nilesh Jain.

Technical View: Bears erase 450 pts from Nifty's recent swing high, put 100 DEMA at risk; Bank Nifty hits new August low

According to experts, if the Nifty 50 decisively breaks the 100-day EMA, a further correction towards 24,340 (August low) cannot be ruled out in the coming sessions. However, in case of a rebound or the index finding support at Tuesday’s low, the level to watch would be 24,850, which marks the confluence of the 10, 20, and 50-day EMAs.

Trading Plan: Will Nifty 50 hold 24,850, Bank Nifty stay above its August low?

Until the Nifty 50 stays below 25,150, consolidation and rangebound trading may continue, with immediate support at 24,850. Below this level, bears may become strongly active and drive the index down to 24,700.

Trade Spotlight: How should you trade TCS, Exide Industries, Cipla, Max Financial Services, Hyundai Motor India, Nykaa, and others on August 26?

The market is likely to consolidate further until it decisively gets back above last Thursday's high. Below are some short-term trading ideas to consider.

Trade setup for August 26: Top 15 things to know before the opening bells

According to experts, as long as the Nifty 50 stays above 24,850 (support), a gradual upside toward 25,000 (immediate hurdle) is possible, followed by a move toward the 25,150–25,250 resistance zone in the upcoming sessions. However, a decisive fall below the 24,850 support level could open the door for a decline toward 24,700.

Technical View: Nifty forms inside bar pattern after no follow-through selling, crossing 25,000 crucial for further upside

Monthly options data suggest that the 25,000 level is likely to be crucial for determining the next directional move in the short term.

Trading Plan: Can Nifty, Bank Nifty manage to defend Friday’s low?

If the Nifty 50 decisively falls below this level, 24,700 could be the next downside target. On the higher side, 25,000 is expected to be immediate resistance. A move above this level could lead to a test of last week’s high of 25,150.

Trade Spotlight: How should you trade Olectra Greentech, Godawari Power, Aditya Birla Capital, RCF, Pidilite Industries, Netweb, and others on August 25?

The market is expected to remain rangebound until the frontline indices reclaim and sustain above last week's high. Below are some short-term trading ideas to consider.

Trade setup for August 25: Top 15 things to know before the opening bells

If the Nifty 50 rebounds, the 25,000 level is the one to watch, followed by 25,150 as a crucial hurdle. However, immediate support is placed at 24,850 (Friday’s low), as a break below this level may lead bears into the bullish gap area of August 18, according to experts.

Chartist Talk: Sudeep Shah spots overbought signals in these 2 stocks, expects Nifty Auto index to hit record high in September

Given technical confirmations, Nifty Auto is well-positioned to continue its outperformance in the short term, barring any major market-wide disruptions, said Sudeep Shah of SBI Securities.

Let Options Open Interest (OI) guide trading in small range: Shubham Agarwal

An analogy of Options will help to get the help to trade better in range bound market.

Chartist Talk: Milan Vaishnav picks these 2 stocks for next week, sees continued strength in Cummins and M&M

Overall, the Nifty 50 remain in the broad trading range with strong under-currents and will eventually move past the crucial resistance zone of 25,000-25,150 in the coming days, says Milan Vaishnav of Gemstone Equity.

Technical View: Bears may tighten grip if Nifty decisively breaks 24,700 next week; Bank Nifty near 100-day EMA support

This monthly options data suggests that 25,000 is likely to be the immediate resistance for the Nifty 50, with 24,800 acting as immediate support.