The Indian stock market kicked off the week with a strong positive sentiment, buoyed by improved global cues and domestic optimism. Investor confidence was lifted by easing geopolitical tensions, a sovereign credit rating upgrade for India, and anticipation of favourable economic measures such as potential GST rate cuts.
This optimism was reflected in a broad-based rally across major indices, which opened higher and sustained their gains throughout the session. The overall sentiment remained bullish, with the markets comfortably closing above key technical levels and showing resilience across sectors.
Positive momentum was especially strong in auto, consumer durables, and multinational companies, which saw notable buying interest on expectations of policy support and demand recovery. However, not all sectors participated in the rally. The IT and public sector enterprise indices faced some pressure, reflecting selective profit booking and cautious investor sentiment.
Despite these pockets of weakness, the broader market tone remained upbeat, suggesting a favourable outlook among market participants at the start of the trading week. In this overview, we will analyse the key technical levels and trend directions for Nifty and BSE Sensex to monitor in the upcoming trading sessions. All the charts mentioned below are based on the 5-minute timeframe.
Nifty 50
(In this analysis, we have used 20/50/100/200 EMAs, where 20 EMA (Red), 50 EMA (Orange), 100 EMA (Light Blue), and 200 EMA (Dark Blue)).
To view other technical reports, click here
The Nifty 50 Index opened on a positive note at 24,938.20 on Monday, up by 306.9 points from Thursday’s closing of 24,631.30. In the morning session, the Nifty Index started on a gap up above the 24,900 level and traded below its opening level at 24,905. The Index was trading in the range of 24,850 to 25,000 and was above all four EMAs of 20/50/100/200 in the 15-minute time frame in the morning session.
In the afternoon session, the Nifty Index consolidated and sustained above the 24,850 level and Overall, the Nifty 50 was bullish on Monday session. During the afternoon session, the Nifty 50 closed above the EMAs of 50/100/200 but closed below the 20 EMAs in the 15-minute time frame. Nifty’s immediate resistance levels are R1 (25,023), R2 (25,183), and R3 (25,417), while immediate support levels are S1 (24,868), S2 (24,534), and S3 (24,338).
The Nifty index had reached a day’s high at 25,022.00, closed in green above the 24,850 level, and saw a day’s low at 24,852.85. Finally, it had closed at 24,876.95, gaining 245.65 points, or 1.00%. The Relative Strength Index (RSI) stood at 52.28 (below the overbought zone of 70) in the daily time frame, and the Nifty 50 closed above all four of the 20/50/100/200 EMAs in the daily time frame.
Bank Nifty
(In this analysis, we have used 20/50/100/200 EMAs, where 20 EMA (Red), 50 EMA (Orange), 100 EMA (Light Blue), and 200 EMA (Dark Blue)).
The Bank Nifty Index started the session on a positive note at 55,940.60 on Monday, up by 598.75 points from Thursday’s closing of 55,341.85. In the morning session, the index started with a gap up and made its day high at 56,156.30 then later, the index lost its momentum and dragged down to 55,739 from its opening level and from the day’s high. Further, the index was traded in the range of 55,600 to 56,150 levels and was above the 50/100/200 but below the 20 EMAs in the morning session in the 15-minute time frame.
In the afternoon session, the Bank Nifty index was consolidated and sustained above the 55,700 level and overall the index was positive. During the afternoon session, Bank Nifty closed below the EMA of 20 but remained above the 50/100/200-day EMAs in the 15-minute time frame. Bank Nifty immediate resistance levels are R1 (56,150), R2 (56,407), and R3 (56,710), while immediate support levels are S1 (55,685), S2 (55,008), and S3 (54,463).
The Bank Nifty index had peaked at 56,156.30 and made a day’s low at 55,647.65. Finally, it had closed in green at 55,734.90, breaking above the 55,700 level, gaining 393.05 points or 0.71%. The Relative Strength Index (RSI) stood at 47.74 (below the overbought zone of 70 but near to the oversold zone in the daily time frame), and Bank Nifty was above the 100/200 EMAs but remained below the 20/50-day EMA in the daily time frame.
Sensex
(In this analysis, we have used 20/50/100/200 EMAs, where 20 EMA (Red), 50 EMA (Orange), 100 EMA (Light Blue), and 200 EMA (Dark Blue)).
To view other technical reports, click here
The BSE Sensex Index opened on a positive note at 81,315.79 on Monday, up by 718.13 points from Thursday’s closing of 80,597.66. The Index started on a gap up and was more volatile in the morning session. The Index was trading at 81,359 above its opening level and sustained above the 81,250 level and made its day high at 81,765.77 and made its day low at 81,202.42.
In the morning session, the index was trading in the range of 81,200 to 81,750 and was trading above all four EMAs of the 20/50/100/200 in the 15-minute time frame. In the afternoon session, the Sensex Index further consolidated and sustained above the 81,250 level and closed above the EMAs of 50/100/200 but remained below the 20 EMA in the 15-minute time frame. BSE Sensex immediate resistance levels are R1 (81,767), R2 (82,230), and R3 (82,555), while immediate support levels are S1 (81,245), S2 (80,324), and S3 (79,798).
The BSE Sensex index had peaked at 81,765.77 and made a day’s low at 81,202.42. Finally, it had closed at 81,273.75 in green, gaining 676.09 points, or 0.84%. The Relative Strength Index (RSI) stood at 50.03 (below the overbought zone of 70) in the daily time frame, and the BSE Sensex was above the 20/100/200 EMAs but remained below the 50 EMA in the daily time frame.
India VIX
The India VIX declined by 0.015 points, or 0.12%, from 12.36 to 12.34 during Thursday’s session. A decrease in the India VIX indicates a calm market and less volatility in the coming period.
Market Recap on the 18th of August 2025
The Indian stock market started the week on a positive note on Monday, with broad market indices opening higher. This upbeat beginning was supported by several factors that lifted investor sentiment, including easing global tensions, the S&P’s upgrade of India’s sovereign credit rating to BBB (stable), and expectations of potential GST rate cuts.
The Nifty 50 index opened with a gap-up at 24,938.2, rising by 307 points from the previous close of 24,631.3. It began the week on a strong note, touching an intraday high of 25,022 and breaching the key 25,000 level, before ending the day at 24,876.9, above the 24,850 mark. The index closed above all its major 20, 50, 100, and 200-day EMAs. By the end of the session, the Nifty 50 had gained 245.65 points or 1 percent.
The BSE Sensex showed a similar trend, advancing 676.09 points or 0.84 percent. It opened at 81,315.79 and settled at 81,273.7. The Nifty 50’s RSI stood at 52.28, while the BSE Sensex RSI was at 50.02, both remaining below the overbought level of 70. The Bank Nifty Index also ended positively, closing at 55,734.9 with a gain of 393.05 points or 0.71 percent.
Most sectoral indices closed in the green, with a few exceptions. The Nifty Auto Index emerged as the top gainer, closing at 25,127.2, up by 1,008.40 points or 4.18 percent. Auto stocks such as Maruti Suzuki Ltd, Ashok Leyland Ltd, TVS Motor Company Ltd, and Hero MotoCorp Ltd gained up to 9 percent. The Nifty Consumer Durable Index was next, closing at 38,590.6, rising 1,261 points or 3.38 percent.
PG Electroplast Limited led the gains, increasing 7.95 percent, followed by Amber Enterprises India with a gain of 7.88 percent and Blue Star Ltd, which rose 7.3 percent. These gains were largely driven by expectations that upcoming GST rate cuts would benefit these sectors. The Nifty MNC Index was also among the top performers, closing at 29,073, gaining 786.85 points or 2.78 percent.
On the losing side, the Nifty IT Index recorded the sharpest decline during Monday’s session. It dropped by 198.25 points or 0.57 percent to close at 34,634.9. Persistent Systems Ltd led the losses with a fall of 1.07 percent, followed by declines in Tech Mahindra Ltd, Infosys Ltd, and Mphasis Ltd, which slipped up to 1 percent. The Nifty PSE Index was another laggard, ending at 9,547.2 with a loss of 36.05 points or 0.38 percent. Notable losers included Bharat Heavy Electricals Ltd, Power Finance Corporation Ltd, Hindustan Petroleum Corporation Ltd, and Bharat Petroleum Corporation Ltd, whose shares dropped by up to 2 percent.
Asian markets ended on a mixed note. Hong Kong’s Hang Seng Index fell by 103.07 points or 0.41 percent to close at 25,167. The Shanghai Composite Index rose by 31.26 points or 0.84 percent to close at 3,728. South Korea’s KOSPI Index finished lower at 3,177.28, down 48.38 points or 1.52 percent. Japan’s Nikkei 225 Index ended higher at 43,764, gaining 385.69 points or 0.88 percent. The US Dow Jones Futures were trading at 44,924.30, down 21.82 points or 0.05 percent as of 4:55 p.m. IST.
Trade Setup Summary
The Nifty 50 opened on a positive note at 24,938.20 on Monday and ended the day in green above the 24,850 level at 24,876.95. A break below 24,868 could trigger further selling towards 24,534, while a break above 25,023 could trigger bullishness towards 25,183.
Bank Nifty started the session on a positive note at 55,940.60 and ended at 55,734.90, above the 55,700 level in green. A break below 55,685, could trigger further selling towards 55,008, while a break above 56,150 could trigger bullishness towards 56,407.
Sensex opened on a positive note at 81,315.79 on Monday and ended in the green at 81,273.75, breaking above the 81,250 level. A break below 81,245 could trigger further selling towards 80,324, while breaking the next resistance level of 81,767 could lead towards the 82,230 level.
Given the ongoing volatility and mixed sentiments, it’s advisable to avoid aggressive positions and wait for clear directional moves above resistance or below support. Traders should consider these key support and resistance levels when entering long or short positions following the price break from these critical levels. Additionally, traders can combine moving averages to identify more accurate entry and exit points.
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
About: Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Private Limited, and its SEBI-registered research analyst registration number is INH000015729.
Investments in securities are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
