Trade setup for August 14: Top 15 things to know before the opening bells
As long as the Nifty 50 holds these support levels (24,589 and 24,465), the upward journey toward the 24,700 (immediate hurdle) and then 24,800–24,850 (a crucial hurdle) remains possible in the upcoming sessions, according to experts.
Technical View: Nifty needs clear breakout above 24,700 to sustain bullish momentum; Bank Nifty indicates bullish reversal
Weekly options data suggest that the Nifty 50 is expected to trade in the 24,500–24,800 range in the upcoming sessions.
Trading Plan: Will Nifty 50, Bank Nifty retest their previous day’s highs?
In the upcoming session, if the Nifty 50 rebounds, the 24,600 (10-day EMA) and 24,700 (previous day’s high) are likely hurdles. However, on the lower side, the 24,350 level can act as support.
Trade setup for August 13: Top 15 things to know before the opening bells
The 24,700 is expected to be the immediate hurdle for the Nifty 50, followed by 24,850 (near the 50-day EMA) as the crucial hurdle to decide the further uptrend. Until these levels are decisively broken and sustained, the consolidation may continue, with key support at 24,300, according to experts.
Trade Spotlight: How should you trade TBO Tek, CreditAccess Grameen, MCX, Maruti Suzuki, Acutaas Chemicals, Max Financial, and others on August 13?
The Nifty 50 is expected to consolidate until it decisively breaks the previous week's range on either side for a firm direction. Below are some short-term trading ideas to consider.
Technical View: Rebound possible as long as Nifty holds 24,300 support, Bank Nifty stays above 100 DEMA for 4th session
The weekly options data suggested that the Nifty 50 is expected to trade within a broad range of 24,000–25,000, with an immediate range of 24,400–24,700.
Chartist Talk: Nifty needs to break above 24,640 to trap late short sellers for short covering rally to 24,800; buy these 2 stocks, says Ashish Kyal
Short term indicators are showing positive divergence suggesting lack of downside momentum but positive price action awaited in the Nifty 50, said Ashish Kyal of Waves Strategy Advisors.
Trading Plan: Can Nifty 50, Bank Nifty extend Monday's relief rally?
The Nifty 50 needs to clear and sustain above the 24,700–24,750 zone to confirm a northward journey. Until then, consolidation may continue with support around the 24,350 zone.
Trade Spotlight: How should you trade Paytm, Indian Bank, InterGlobe Aviation, Larsen & Toubro, Transrail Lighting, Fortis Healthcare, and others on August 12?
The market may remain consolidative and rangebound until it gives a strong close above all key moving averages. Below are some short-term trading ideas to consider.
Trade setup for August 12: Top 15 things to know before the opening bells
If the Nifty 50 extends gains up to 24,650 (the immediate hurdle) and marches toward the crucial resistance zone of 24,800–24,850 — and sustains there — a major upmove cannot be ruled out. However, failure to do so could lead to continued consolidation, with support at 24,330, followed by 24,200 (the 200-day EMA), according to experts.
Trading Plan: Can Nifty 50, Bank Nifty rebound after last week’s sell-off?
Overall, the sentiment remains favourable for bears, but considering the RSI Smoothened is near oversold levels, a rebound can't be ruled out. The Nifty 50 may face resistance at 24,500–24,600 in case of a rebound.
Trade setup for August 11: Top 15 things to know before the opening bells
If the Nifty 50 breaks below the 200-day EMA (24,200) in the upcoming sessions, the 50-week EMA (24,000) could be the next possible level. On the higher side, however, the 24,500 mark is likely to act as a resistance, according to experts.
Trade Spotlight: How should you trade Sanghvi Movers, Kajaria Ceramics, TVS Motor, Tech Mahindra, Medanta, Pidilite Industries, and others on August 11?
The market may attempt a bounce back after six weeks of consistent losses, but sustainability will be the key to watch. Below are some short-term trading ideas to consider.
OTM butterfly for slow market: Shubham Agarwal
Butterfly is a strategy that involves selling of 2 options close to the current market price of the stock or index and buying a higher strike price option and buying a lower strike price option.
Chartist Talk: Nifty’s technical setup signals caution, but outlook bullish on these 4 stocks for next week, says Sudeep Shah of SBI Securities
Chart formation signals a lack of conviction among bulls and a clear dominance of bears at higher levels, said Sudeep Shah of SBI Securities.
Tariff tantrums to restrict rebound; volatility to rule shortened week
With short positions on the rise and FPIs doubling down on bearish bets, volatility could remain elevated. While oversold readings may spark brief recoveries, structural weakness suggests such rallies may turn into bull traps.
Technical View: Nifty posts 6th weekly loss, longest losing streak since 2020 Covid lows; bears eyeing 200 DEMA
Weekly options data suggest that the Nifty 50 is likely to take support around 24,300, with further downside toward 24,000–23,800 not being ruled out. On the upside, 24,500 remains the key resistance to watch.
Trading Plan: Can Nifty 50 defend 24,500, Bank Nifty march toward 56,000?
As long as the Nifty 50 holds the 24,500–24,400 levels (support) on a closing basis, a gradual move toward 24,700–24,900 cannot be ruled out. However, a break of the support can again strengthen the bears.
Trade Spotlight: How should you trade TVS Motor, BSE, Aditya Birla Capital, Cholamandalam Financial, Delhivery, Eternal and others on August 8?
The sustainability of Thursday's recovery is the key to watch, as frontline indices remained well below short-term moving averages. Below are some short-term trading ideas to consider.
Trade setup for August 8: Top 15 things to know before the opening bells
According to experts, the Nifty 50 needs to sustain above the 100-day EMA to initiate an upward journey toward 24,900. Until then, consolidation and rangebound trading are expected to continue, with support placed at 24,350 (Thursday’s low).
Technical View: Bulls shrug off 50% tariff-led crisis, further recovery possible only if Nifty defends 100 DEMA
The weekly options data suggests that the Nifty 50 may trade in the 24,400–25,000 range in the short term.
Trading Plan: Can bears drag Nifty 50 to 24,200, Bank Nifty below 55,000 after Trump’s tariff shock?
If the Nifty 50 decisively breaks the 24,450–24,500 support zone, a fall toward 24,200 is possible. On the flip side, 24,700 remains the immediate resistance.
Trade Spotlight: How should you trade IndiGo, Asian Paints, Waaree Energies, Jindal Stainless, CSB Bank, Bajaj Finance and others on August 7?
The bearish sentiment is expected to prevail, given the weakness in technical indicators. Below are some short-term trading ideas to consider.
Trade setup for August 7: Top 15 things to know before the opening bells
The immediate key support is placed at 24,473 (June low), as breaking decisively below it could drive the Nifty 50 down toward the 200-day EMA (24,200), a generally crucial support level. On the upside, 24,700 may act as a resistance, according to experts.
