Nifty 50 Outlook For August 20, 2025
The Nifty 50's closing price of 24,980.65 places it above its Pivot Point of 24,955.75 and just shy of the R1 resistance at 25,037.55. This indicates a strong bullish sentiment in the market. The short-term SMAs (5, 10, and 20) are all bullish, which supports the upward momentum. This is further confirmed by the bullish signals from the RSI, Stochastic, and CCI. However, a note of caution is warranted as the Moving Average Crossovers for the short and medium term are still bearish, and the MACD and ROC also remain in bearish territory. The Williamson%R being in the overbought zone suggests that the current rally might be overextended and a pullback could be imminent.
Nifty 50 Chart
Nifty 50 Technical Levels
Indicator | Level | Indication |
RSI(14) | 55.12 | Bullish |
MACD(12,26,9) | -83.13 | Bearish |
Stochastic(20,3) | 70.77 | Bullish |
ROC(20) | -0.44 | Bearish |
CCI(20) | 77.36 | Bullish |
Williamson%R(14) | -6.04 | Overbought |
ATR(14) | 210.06 | High Volatility |
ADX(14) | 28.62 | Strong Trend |
Bollinger Band(20,2) | UB : 25,169.58 | |
LB : 24,326.15 | ||
SMA20 : 24,747.86 |
Nifty 50 Forecast For August 20, 2025
Nifty is likely to face a key test at the R1 resistance level of 25,037.55. A break and sustain above this level would be a strong bullish signal, with the next targets being R2 (25,094.45) and R3 (25,176.25). On the downside, the Pivot Point of 24,955.75 will act as immediate support. A fall below this could lead to a test of S1 (24,898.85). The coming week is likely to be a battle between the short-term bullish momentum and the underlying bearish signals from the crossovers and some indicators. The index may continue to grind higher but could be susceptible to a quick correction due to the overbought conditions indicated by the Williamson%R.
Bank Nifty Outlook For August 20, 2025
The Bank Nifty managed to close just above its Pivot Point of 55,812.95, a positive sign of its ability to hold a key level amidst bearish pressure. While the short-term (5, 10, and 20-period) SMAs remain bullish, the long-term 50-period SMA is still bearish, and the Moving Average Crossovers are decisively bearish for both short and medium-term trends. This creates a mixed technical picture. Most Key Indicators like MACD and Stochastic still point to a bearish trend, but the neutral readings of RSI and CCI suggest market indecision. The high ATR confirms that volatility is a major factor.
Bank Nifty Chart
Bank Nifty Technical Levels
Indicator | Level | Indication |
RSI(14) | 49.55 | Neutral |
MACD(12,26,9) | -277.06 | Bearish |
Stochastic(20,3) | 39.8 | Bearish |
ROC(20) | -1.91 | Bearish |
CCI(20) | -8.98 | Neutral |
Williamson%R(14) | -36.06 | Bullish |
ATR(14) | 521.3 | High Volatility |
ADX(14) | 26.31 | Strong Trend |
Bollinger Band(20,2) | UB : 57,104.80 | |
LB : 54,614.52 | ||
SMA20 : 55,859.66 |
Bank Nifty Forecast For August 20, 2025
Bank Nifty is expected to find immediate support at the Pivot Point of 55,812.95. If this level holds, the index may attempt to test the immediate resistance at R1 (56,017.75). A sustained breakout above R1 could signal a reversal of the recent trend. However, if the market fails to hold the Pivot Point, it could quickly fall back to re-test the support levels at S1 (55,660.35) and S2 (55,455.55). The upcoming week is likely to remain volatile as bulls and bears fight for control. The overall sentiment remains cautiously bearish, but the close above the pivot provides a ray of hope for a potential consolidation or minor upward movement.