NIFTY OUTLOOK FOR 11/08/2025

 Nifty's outlook for August 11, 2025 is bearish, with sustained selling pressure and technical weakness prevailing; immediate support is seen at 24,200, and resistance lies at 24,500–24,600. Traders should watch these levels closely, as any move above 24,500 could see upsides, but current sentiment and market structure indicate downside risks remain dominant.

Key supporting details:

• Nifty 50 closed at 24,363.3, down 232.85 points (-0.95%) in the last session amid broad-based selling and negative market breadth.

• The index has recorded six consecutive weeks of losses, marking its longest losing streak since March 2020, reflecting persistent weakness.

• Technical indicators highlight strong selling pressure: breakdowns below major moving averages (100-DMA at 24,500; now a resistance; 200-DMA at 24,050 as next support), with the short-term trend characterized by a lower-top, lower-bottom formation.

• Support zones for Monday are at 24,200–24,000; resistance is at 24,500–24,600. Any pullback to resistance should be viewed as a “sell-on-rise” opportunity in a weak trend.

• Sectors across the board are weak, with Realty, Consumer Durables, Metals, and Auto falling the most; mid-caps and small-caps are also underperforming.

• Sentiment is fragile due to continued FII outflows and concerns over global factors including higher US tariffs on Indian goods and a weakening rupee.

• Derivatives data shows highest put writing at 24,200 and call writing at 24,500, reinforcing the trading range and potential volatility at these levels.

Additional facts:

• If Nifty decisively breaks below 24,200, further downside to the 23,800 region is possible.

• Resistance above 24,500 is capped until decisive momentum builds; sustained closes above this could open targets toward 24,800–25,000, but current technicals do not support that scenario for Monday.

Overall, expect selling pressure to persist around and below 24,200, with any rebounds likely facing renewed resistance at 24,500–24,600. Short-term strategy remains cautious, favoring trades aligned with the prevailing downtrend.

Nifty and Bank Nifty Outlook for August 2025

 

Nifty and Bank Nifty Outlook for August 2025

Nifty Outlook

·         Short-term Trend: The Nifty 50 is currently facing a cautious to bearish outlook. The index closed at 24,565.35 after a week dominated by selling, marking a persistent negative sentiment.

·         Resistance & Support: Key resistance is near 25,000–25,100; unless Nifty decisively moves above this level, downtrends are expected to persist. Immediate support is around 24,800, with deeper support at 24,464 and 24,200 if selling accelerates.

·         Technical Indicators:

·         The Nifty has slipped below major short-term and medium-term moving averages, reinforcing a bearish technical posture.

·         RSI is at 40.6 (bearish), and MACD is also negative, while oversold stochastic and Williams %R suggest the possibility of a technical bounce in the near term, but confirmation is needed before expecting a reversal.

·         Analyst View: The consensus expects the index to remain volatile and recommends a sell-on-rise strategy. Only a close above 25,100 would indicate the resumption of a bullish trend.

Bank Nifty Outlook

·         Short-term Trend: Bank Nifty is also under pressure, closing the last week at 56,528.90, with a near-term bias tilted negative.

·         Resistance & Support: Resistance lies at 57,100–57,300, with support at 56,000–55,100. A move above 57,200 could shift the short-term trend positively, but until then, bearish momentum is likely to continue.

·         Technical Indicators:

·         Bank Nifty is trading below key moving averages.

·         RSI is neutral at 47.9, but several indicators including MACD and CCI tilt bearish.

·         Bollinger Bands show increasing volatility, suggesting large swings may be ahead.

·         Analyst View: Choppy trading is expected to continue, but Bank Nifty could outperform the Nifty due to better underlying fundamentals. Analysts suggest a “buy on dips” approach for Bank Nifty, targeting rebounds near strong support zones.

Overall Summary

·         Both Nifty and Bank Nifty are in a technical correction phase for August 2025.

·         Volatility is high, and traders should use caution. Key levels (Nifty: 25,000/24,464; Bank Nifty: 57,100/56,000) should be closely watched for signs of reversal or continuation.

·         If markets hold above their crucial supports and bounce, a technical rally could emerge, especially in oversold territories. If not, further downside remains likely.

·         Analyst consensus leans bearish-to-neutral, with Bank Nifty seen as relatively stronger than Nifty, and both indices recommended primarily for tactical trades rather than aggressive long-term entries at this stage.

Traders are advised to follow strict risk management and avoid fresh longs until a clear trend reversal is confirmed.

Nifty Outlook for 28 July 2025

 Market Sentiment & Technical Overview:

·         The Nifty 50 finished last week on a weak note, closing at 24,837, down 0.9%, as selling pressure intensified across most sectors.

·         The index has slipped below critical support zones (24,900 and its 50-DMA), signaling a bearish shift for the short term. The technical trend is now seen as negative, with the Relative Strength Index (RSI) hitting oversold levels, but not yet indicating a confirmed reversal.

·         Immediate support levels are seen at 24,742–24,700, with further support near 24,500. Resistance is capped at 25,000–25,250.

·         Most analysts are advising a “sell on rise” approach until Nifty decisively closes above 25,100, which would mark a resumption of bullish momentum. Until then, any bounce is likely to remain limited by resistance zones.

Key Drivers for the Session:

·         Weak earnings from heavyweight stocks (especially financials and IT) and FII outflows contributed to last week's decline.

·         Global cues remain muted, and market action is expected to be choppy, with a consolidative or marginally negative bias at open unless aided by positive surprises from key results or news.

·         Volatility has picked up as seen in the rise of India VIX, suggesting further fluctuation is likely in the short term.

·         Only a decisive move above 25,100–25,250 will turn the trend bullish; otherwise, traders should be cautious and manage risk tightly.

Summary Table: Nifty 50 Key Levels for 28 July 2025

Support	Resistance	Trend	Analyst View
24,700–24,500	25,000–25,250	Bearish/Sideways	Sell on rise, avoid fresh longs unless breakout

Best Practice:
Stay nimble in trades and watch for support at lower levels. If there is no strong bullish move above 25,100, avoid aggressive long positions. Intraday traders may find opportunities in sectors showing relative strength (like Pharma), but broad indices are expected to remain weak or consolidate within these ranges.

These projections are based on current market conditions and technicals available as of the last trading session and may quickly change depending on overnight developments.