On Monday, the Indian stock markets showed a clear positive sentiment. Both the Nifty 50 and BSE Sensex opened higher and maintained upward momentum throughout the day, supported by gains in key sectors like Metal, Realty, and Auto. Investors seemed optimistic, partially driven by expectations of a potential US interest rate cut, which helped counterbalance concerns over American tariffs on Indian exports.
Market breadth was largely positive, with most sectoral indices ending in the green. The Metal and Realty sectors outperformed, buoyed by strong performances from major companies. However, there was mild profit booking in sectors like FMCG and Finance, which saw slight declines after recent gains.
The broader Asian market mood was mixed, though a majority of key indices showed gains, adding to global risk-on sentiment. Meanwhile, positive movement in US futures also suggested growing investor confidence. Overall, the market reaction indicated cautious optimism with selective sectoral strength.
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)).
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The Nifty 50 Index opened on a positive note at 24,596.05 on Monday, up by +30.7 points from Friday’s closing of 24,565.35. In the morning session, the Nifty Index started in a bullish trend. The index was volatile and made its day’s low at 24,554; later in the morning session, it was trading above its opening level at 24,692. The Index was trading in the range of 24,500 to 24,700 in the morning session.
It was trading below the 100/200-day but above 20/50, in the 15-minute time frame. In the afternoon session, the Nifty Index was volatile and surged up to the 24,700 level and made the day’s high at 24,736.25 in the afternoon session and closed near the day’s high at 24,722.75 in green. During the afternoon session, it closed below the 100/200 EMAs but above the 20/50 EMAs in the 15-minute time frame. Nifty’s immediate resistance levels are R1 (24,787), R2 (24,954), and R3 (25,185), while immediate support levels are S1 (24,539), S2 (24,380), and S3 (24,225).
The Nifty index had reached a day’s high at 24,736.25, closed in green above the 24,700 level, and saw a day’s low at 24,554.00. Finally, it had closed above its opening level at 24,722.75, gaining +157.4 points, or 0.64%. The Relative Strength Index (RSI) stood at 41.83 (below the overbought zone of 70 but nearing the oversold zone in the daily time frame), and the Nifty 50 closed above the 100/200 EMAs and remained below the 20/50 EMA 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 55,557.50 on Monday, up by +120.2 points from Friday’s closing of 55,617.60. In the morning session, the index started the session on a bullish trend and was more volatile. In the morning session, the index made both a high at 55,752.45 and a low at 55,437.30. The Index was and traded above its opening level at 55,649. In the morning session, the index was traded between the range of 55,400 to 55,750 levels and was below all four EMAs of 20/50/100/200 in the 15-minute time frame.
In the afternoon session, the Bank Nifty index lost its momentum but later closed near its morning session closing level at 55,619.35 in the green and on a flat gain. During the afternoon session, it closed below the EMAs of 50/100/200 but remained above only the 20 EMAs in a 15-minute time frame. Bank Nifty immediate resistance levels are R1 (55,900), R2 (56,407), and R3 (56,725), while immediate support levels are S1 (55,558), S2 (55,161), and S3 (54,841).
The Bank Nifty index had peaked at 55,752.45 and made a day’s low at 55,437.30. Finally, it had closed in green at 55,619.35, breaking above the 55,600 level, gaining +1.75 points. The Relative Strength Index (RSI) stood at 38.43 (below the overbought zone of 70 but nearing 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)).
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The BSE Sensex Index opened on a positive note at 80,765.83 on Monday, up by +165.92 points from Friday’s closing of 80,599.91. The Index was more volatile in the morning session after a positive start but made the day’s low at 80,500.51, and later the bull took over the Monday session. It was trading at 80,952 above its opening level in the morning session. In the morning session, the index was trading in the range of 80,500 to 81,000 levels and was trading below the EMAs of the 50/100/200 but remained above the 20 EMA in the 15-minute time frame.
In the afternoon session, the Sensex Index surged to the 81,000 level and closed at 81,018.72 near its day’s high in green. During the afternoon session, it traded below the 100/200 EMAs but above the 20/50 EMAs in the 15-minute time frame. BSE Sensex immediate resistance levels are R1 (81,316), R2 (81,791), and R3 (82,560), while immediate support levels are S1 (80,520), S2 (79,388), and S3 (78,615).
The BSE Sensex index had peaked at 81,093.19 and made a day’s low at 80,500.51. Finally, it had closed at 81,018.72, up by +418.81 points, or 0.52%. The Relative Strength Index (RSI) stood at 41.27 (below the overbought zone of 70 but nearing the oversold zone in the daily time frame), and the BSE Sensex was above the 100/200 EMAs but remained below the 20/50 EMA in the daily time frame.
India VIX
The India VIX decreased by 0.0075 points, or 0.06%, from 11.98 to 11.97 during Monday’s session. A decrease in the India VIX indicates market stability and increased investor confidence.
Market Recap on the 4th of August 2025
The Nifty 50 index began Monday trading at 24,596.05, up 30.7 points from Friday’s closing price of 24,565.35. The index rose gradually throughout the day, reaching an intraday high of 24,736.25 and finishing at 24,722.75, up 157.40 points, or 0.64%. It was above the 100 and 200 EMAs but below the 20 and 50 EMAs over the daily time period. Its RSI was significantly below the 70-point overbought zone at 41.83. Similar to this, the BSE Sensex opened at 80,765.83, up 165.92 points from the previous finish of 80,599.91.
The index closed at 81,018.72, up 418.81 points, or 0.52%. In the daily period, the index was trading above the 100 and 200 EMAs but below the 20 and 50 EMAs, and the RSI of 41.27 was far below the 70-point overbought zone. With increases in the metal, real estate, and auto sectors, the Indian markets demonstrated good momentum. Investors’ growing anticipation of a US interest rate decrease also helped allay worries about US tariffs on Indian exports.
On Monday, the majority of sector indexes were higher, with only a handful seeing declines. One of the Top gainers was the Nifty Metal Index, which ended the day at 9,327.85, up 225.5 points, or 2.5%, thanks to strong gains from major players. SAIL, in particular, saw a notable 4.5% increase, followed by Tata Steel, which rose 4.3%, and Jindal Steel, NALCO, and Hindustan Copper, all of which followed the lead and gained up to 3.7% on Monday. Additionally, the Nifty Realty Index closed the day higher, up 15.90 points, or 1.8%, at 912.05. The biggest winner, Lodha Developers, increased by 3% today, followed by Godrej Properties, Prestige Estates, and DLF, all of which had gains of up to 2.5%.
On the front of sectoral losers, Nifty FMCG had advances for five straight days before closing Monday at 56,139.6, down 57.40 points or 0.10%. Profit booking was the primary cause of the 1.5% decline in stocks of Radico Khaitan Ltd., Godrej Consumer Products, Emami Ltd., and Dabur India Ltd. With companies like HDFC Bank Ltd, ICICI Bank Ltd, and HDFC Life Insurance Company plunging as much as 1%, the Nifty Finance Index also lost 15.90 points, or 0.06%, to close at 26,476, in the red.
With Hong Kong’s Hang Seng Index rising 146.19 points, or 0.59%, to end at 24,654, Asian markets were largely neutral. In the same vein, the Shanghai Composite Index gained 23.36 points, or 0.65%, to end at 3,583.31. The KOSPI Index for South Korea was up 28.34 points, or 0.9%, at 3,147.75. But the Nikkei 225 Index of Japan ended the day down at 40,263, down -536.60 points, or -1.33%. At 4:44 p.m. IST, the US Dow Jones Futures were up 200.59 points, or 0.46%, at 43,789.17.
Trade Setup Summary
The Nifty 50 opened on a positive note at 24,596.05 on Monday, was volatile in the morning session, gained its momentum and surged up in the afternoon session, and closed above the 24,700 level at 24,722.75. A break below 24,539 could trigger further selling towards 24,380, while a break above 24,787 could trigger bullishness towards 24,954.
Bank Nifty started the session on a positive note at 55,557.50, and consolidated. The index was in flat green and ended at 55,619.35, above the 55,600 level. A break below 55,558 could trigger further selling towards 55,161, while a break above 55,900 could trigger bullishness towards 56,407.
Sensex opened on a similar trend as Nifty 50, opening on a positive note at 80,765.83 on Monday and ending in green at 81,018.72, breaking above the 81,000 level. A break below 80,520 could trigger further selling towards 79,388, while breaking the next resistance level of 81,316 could lead towards the 81,791 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.
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