Technical Analysis for 19 Aug 25
Introduction
Indian equity markets witnessed a spectacular rally on August 18, 2025, driven by Prime Minister Modi's announcement of GST reforms and S&P's credit rating upgrade. The NIFTY 50 closed at 24,876.95 with a robust 1% gain, while Bank NIFTY settled at 55,737.90 (up 0.71%) and SENSEX at 81,273.75 (up 0.84%). This comprehensive Technical Analysis for 19 Aug 25 provides detailed nifty predictions, bank nifty predictions, and Sensex prediction based on advanced price action analysis.
Key Observations of Market Closing
NIFTY 50: Today's daily candle pattern for Nifty was a small bearish candle with notable upper and lower shadows, closing at 24,876.95 after opening at 24,938.20. Despite opening higher, the index briefly touched 25,020.90 during intraday trading, indicating strong buying interest but facing resistance near psychological level of 25,000.
Bank NIFTY: Displayed a moderate green candle, closing at 55,737.90 after opening higher at 55,940.60. The index showed consolidation after early gains, suggesting profit-booking at higher levels.
SENSEX: Gained 0.84% to close at 81,273.75, with a high of 81,764.62 and low of 81,203.09. The index mirrored Nifty's volatility, closing on a positive note from the prior session. The broad-based rally was supported by auto, FMCG, and financial sectors on GST reform expectations.
The Indian Stock Market showed excellent momentum with increased volumes across all major indices, indicating strong institutional participation following the GST reform announcement.
Support and Resistance Levels
Based on comprehensive technical analysis, here are the critical support and resistance levels derived from price action and 15-minute candle closures for tomorrow's market prediction:
NIFTY 50 Levels:
- Support: 24,770, 24,672, 24,595
- Resistance: 24,961, 25,022, 25,117, 25,180
Bank NIFTY Levels:
- Support: 55,579, 55,469, 55,236
- Resistance: 55,841, 56,000, 56,156, 56,370
SENSEX Levels:
- Support: 80,930, 80,742, 80,467
- Resistance: 81,538, 81,765, 82,080, 82,370
These levels form critical zones for market analysis for tomorrow and should be closely monitored for breakout or breakdown scenarios.
NIFTY Predictions
For NIFTY predictions on August 19, 2025, the index is positioned in a no-trading zone between 24,850 to 24,961. Here's the detailed trading strategy:
Bullish Scenario: If a 15-minute candle closes above 24,961, expect bullish momentum with targets at:
- 1st Target: 25,022
- 2nd Target: 25,117
- 3rd Target: 25,180
False Breakout Scenario: If NIFTY crosses 24,961 on a 15-minute candle but closes below, then short-side targets include:
- 1st Target: Today's low 24,860
- 2nd Target: 24,770
Bearish Scenario: If a 15-minute candle closes below 24,850, downside targets are:
- 1st Target: 24,770
- 2nd Target: 24,672
- 3rd Target: 24,595
Recovery Scenario: If NIFTY crosses 24,850 but closes above it, upside targets are:
- 1st Target: 24,930
- 2nd Target: 25,000
Remember: No bullish trade in bearish candle, no bearish trade in bullish candle.
Bank NIFTY Predictions
Bank NIFTY predictions for tomorrow indicate a consolidation phase with a no-trading zone from 55,647 to 55,841:
Bullish Breakout: If a 15-minute candle closes above 55,841, targets are:
- 1st Target: 56,000
- 2nd Target: 56,156
- 3rd Target: 56,370
False Breakout: If it crosses 55,841 but closes below, short-side targets:
- 1st Target: Today's low 55,650
- 2nd Target: 55,500
Bearish Breakdown: If a 15-minute candle closes below 55,647, downside targets:
- 1st Target: 55,579
- 2nd Target: 55,469
- 3rd Target: 55,236
Recovery Play: If it crosses 55,647 but closes above, upside targets:
- 1st Target: 55,770
- 2nd Target: 55,841
SENSEX Predictions
For SENSEX prediction on August 19, 2025, the index has a no-trading zone from 81,207 to 81,538:
Bullish Momentum: If a 15-minute candle closes above 81,538, targets are:
- 1st Target: 81,765
- 2nd Target: 82,080
- 3rd Target: 82,370
False Breakout: If it crosses 81,538 but closes below, short targets:
- 1st Target: Today's low 81,250
- 2nd Target: 81,000
Bearish Scenario: If a 15-minute candle closes below 81,207, downside targets:
- 1st Target: 80,930
- 2nd Target: 80,742
- 3rd Target: 80,467
Recovery Pattern: If it crosses 81,207 but closes above, upside targets:
- 1st Target: 81,600
- 2nd Target: 81,770
Tomorrow's Market Prediction
Based on comprehensive market analysis for tomorrow, the Indian Stock Market is positioned for continued bullish momentum, supported by:
- GST Reform Catalyst: Expected implementation by Diwali 2025 will boost consumption
- S&P Rating Upgrade: Improved credit rating enhances FII confidence
- Technical Setup: All indices showing bullish candle patterns with volume confirmation
- Sectoral Rotation: Auto, FMCG, and financial sectors leading the rally
Key Levels to Watch:
- NIFTY crossing 25,000 decisively could trigger further upside
- Bank NIFTY sustaining above 56,000 would confirm banking sector strength
- SENSEX breaking 82,000 could signal broader market euphoria
Risk Factors: Profit-booking at higher levels, global cues, and any negative news flow on GST implementation timeline.
Final Verdict
Our Technical Analysis for 19 Aug 25 suggests a cautiously optimistic outlook for the Indian Stock Market. The combination of policy reforms, rating upgrade, and strong technical setup provides a bullish backdrop. However, traders should respect the defined support and resistance levels and avoid trading within no-trading zones.
Trading Strategy: Focus on breakout/breakdown trades with proper risk management. The market's response to the 25,000 level on NIFTY will be crucial for determining the next leg of movement.
Key Recommendation: Stay alert for volume confirmation on any breakouts and maintain strict stop-losses as per the levels mentioned above.
Disclaimer: This analysis is for educational purposes only. Please consult with your financial advisor before making any investment decisions. Past performance does not guarantee future results. The author and Option Matrix India are not responsible for any trading losses incurred based on this analysis.
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