Nifty and Bank Nifty Weekly Outlook from August 18 to August 22, 2025

Nifty 50 and Bank Nifty show corrective consolidation after recent declines. Nifty 50 faces key support at 24,594–24,557, with resistance near 24,671; bullish risks hinge on reclaiming 24,747. Bank Nifty remains fragile around 55,119–54,897 support, with resistance at 55,518. Technical indicators signal continued bearishness, offset by oversold readings that may trigger relief bounces. Overall market sentiment remains cautiously bearish.

Nifty 50 Weekly Outlook

Nifty 50 News: The index closed at 24,631.30, just above the pivot point of 24,605.95, reflecting hesitation after recent declines. Despite some shorter-term moving averages showing bullish signals (5 & 10 DMA), the current Nifty 50 trend remains cautious, with bearish 5–20 DMA and 20–50 DMA crossovers signalling medium-term weakness. Key indicators—RSI at 44.54 and MACD at –144.74—underscore this cautious Nifty 50 trend, while stochastic at 32.33 and CCI at -46.37 suggest neutral to bearish conditions.

From a Nifty 50 weekly trend perspective, the index sits within its Bollinger Band range (24,314–25,201), attempting a rebound but facing resistance at key levels. Immediate support lies at 24,594 and 24,557, while resistance for the coming sessions is pegged at 24,671 and 24,710. Pivot levels reinforce this Nifty 50 weekly trend analysis: a close below 24,594 could accelerate selling toward 24,517, whereas a rally above 24,671 may provide relief from bearish pressure.

Ahead in the Nifty 50 News cycle, next week presents potential for consolidation with mild recovery attempts, but overall sentiment remains cautiously bearish. A sustained close below 24,594 would further validate the weak Nifty 50 trend, while a decisive move above 24,747 would be needed to shift momentum. On the weekly chart, the structural Nifty 50 weekly trend has been corrective since peaking near 25,745, and unless the index reclaims 24,870–25,040, further downside pressure toward 24,308–24,193 could dominate the sessions ahead.

The daily and weekly candles show corrective consolidation with the index trading below falling trendline resistance and testing 50-week SMA support. Weekly RSI in mid-40s shows loss of momentum, while MACD remains in bearish crossover. Observing the NIFTY 50 chart in real-time, traders are advised to look for a key move above 24,747 to extend any relief rally or a close below 24,594 to validate continued downward pressure.

Nifty 50 Chart

Nifty 50 Technical Levels

Nifty 50 Weekly Forecast

This week's Nifty 50 forecast anticipates consolidation with potential bounce attempts near current levels, but the Nifty 50 prediction remains cautiously bearish without sustained buying above 24,747. The weekly Nifty 50 forecast sees possible relief rallies, but the Nifty 50 prediction hinges on reclaiming 24,870–25,040 to reverse the corrective Nifty 50 trend. In our Nifty 50 forecast, slipping below 24,594 could intensify pressure toward 24,308 and the Nifty 50 trend will depend on weekly closing levels. Final Nifty 50 prediction: cautious bearish bias continues, keeping the Nifty 50 trend under pressure until key resistance is reclaimed.

Bank Nifty Weekly Outlook

Bank Nifty chart closed at 55,341.85, hovering just above the key pivot of 55,296 but still trapped in a short-term downtrend. The daily chart shows mixed signals with some shorter-term moving averages (5 & 100 DMA) showing bullish indication, while medium-term averages remain bearish. The RSI at 41.91 suggests cautious bearish conditions, while the MACD at -369.04 confirms bearish momentum. Short-term indicators like the Stochastic at 18.09 show oversold conditions, while CCI at -75.64 reinforces bearishness. The Williamson %R at -73.92 indicates selling pressure, possibly foreshadowing a potential bounce from oversold levels on the Bank Nifty chart.

Price is trading below the upper Bollinger Band at 57,281, and short- to medium-term moving average crossovers remain bearish, reinforcing a cautious Bank Nifty Trend. Immediate support lies at 55,119 and 54,897, with a break below likely to test 54,721 next week. Resistance looms at 55,518 and 55,694. The broader Bank Nifty Trend shows mixed signals with long-term bullish crossover intact but short-term momentum weakened.

On the weekly Bank Nifty chart, the Bank Nifty's weekly trend has turned corrective as the price broke below rising trendline support and trades under the 20-week SMA. The Bank Nifty weekly trend stays bearish-to-neutral unless the index decisively reclaims 55,755–56,000. Weekly support zone at 54,850–54,600 aligns with lower Bollinger Band. Monitoring the Bank Nifty weekly trend will be crucial as any pullbacks face selling pressure. Overall, the Bank Nifty Trend suggests caution with potential for range-bound action.

Bank Nifty chart demonstrates corrective price action after breaking below rising trendline support, closing at 55,341.85. The Bank Nifty chart live shows the index attempting to hold above pivot support but facing resistance at key levels. The Bank Nifty chart live highlights mixed momentum with oversold stochastic providing potential bounce setup. Watching on the Bank Nifty chart live, immediate support at 55,119 and 54,897 will be critical. A sustained move above 55,518 could provide relief from the corrective bias.

Bank Nifty Chart

Bank Nifty Technical Levels

Bank Nifty Weekly Forecast

Bank Nifty will most probably trade within a corrective range in the coming week, with the index hovering around pivot levels and testing key support zones. RSI and oscillators show bearish pressure with oversold stochastic suggesting potential short-covering bounce. Immediate support around 55,119 and 54,897 may contain declines, with deeper support near 54,721. A decisive move above 55,518 can provide relief toward 55,700–55,920; failure to reclaim 56,000 keeps weekly bias bearish with downside potential toward 54,850–54,600.

RA Disclaimer: The information provided here is for educational and informational purposes only and should not be construed as investment advice. You are solely responsible for conducting your research and due diligence before making financial decisions.