Technical Analysis for 20 Aug 25
The Indian Stock Market concluded Monday's session on a strong bullish note, with Nifty 50 closing at 24,980.65 (+0.42%), Sensex at 81,644.39 (+0.46%), and Bank Nifty at 55,865.15 (+0.23%). This comprehensive Technical Analysis for 20 Aug 25 provides detailed nifty predictions, bank nifty predictions, and Sensex prediction based on advanced price action analysis and our proven track record of accurate market forecasts.
Market Movement Analysis
Today's session witnessed remarkable strength across all major indices, building upon the momentum generated by GST reform announcements and S&P rating upgrade news. The market analysis for tomorrow suggests continued optimism as technical analysis patterns indicate sustained buying interest at crucial support levels.
Our previous analysis accuracy has been exemplary - our Thursday prediction for a breakout above weekly VWAP levels played out perfectly as markets surged with volume confirmation. The GST reform catalyst combined with our technical setup analysis provided traders with precise entry and exit points, validating our systematic approach to Technical Analysis.
Key Observations of Market Closing
NIFTY 50: Today's daily candle pattern formed a small-bodied bullish candle with moderate upper and lower shadows, closing at 24,980.65 after opening at 24,891.35. The index tested the psychological 25,010 level during intraday trading, showing strong buying interest but facing resistance near the 25,000-25,022 zone.
Bank NIFTY: Displayed a narrow-range consolidation candle, closing at 55,865.15 after opening at 55,622.30. The index showed consolidation after early gains, suggesting profit-booking at higher levels around the 55,970 resistance zone.
SENSEX: Gained 0.46% to close at 81,644.39, forming a positive candle with a high of 81,755.88 and low of 81,318.25. The index maintained strength throughout the session, supported by sectoral rotation into auto, FMCG, and financial stocks.
The Indian Stock Market demonstrated excellent momentum with increased volumes across all major indices, indicating strong institutional participation following policy reform announcements.
Support and Resistance Levels
Based on comprehensive technical analysis, the following key levels emerge for tomorrow's trading session:
NIFTY 50 Key Levels:
- Immediate Resistance: 25,022, 25,117
- Strong Resistance: 25,180, 25,243
- Immediate Support: 24,930, 24,920
- Strong Support: 24,860, 24,770, 24,650
Bank NIFTY Key Levels:
- Immediate Resistance: 55,970, 56,156
- Strong Resistance: 56,370, 56,580
- Immediate Support: 55,850, 55,725
- Strong Support: 55,650, 55,579, 55,469
SENSEX Key Levels:
- Immediate Resistance: 81,765, 82,080
- Strong Resistance: 82,370, 82,572
- Immediate Support: 81,600, 81,450
- Strong Support: 81,270, 81,000, 80,880
Nifty Predictions
For NIFTY predictions on August 20, 2025, our Technical Analysis establishes a no-trading zone from 24,920 to 25,022:
Bullish Scenario: If a 15-minute candle closes above 25,022, expect upside targets:
- 1st Target: 25,117
- 2nd Target: 25,180
- 3rd Target: 25,243
False Breakout Pattern: If Nifty crosses 25,022 but closes below on a 15-minute candle, short-side targets emerge:
- 1st Target: Today's low at 24,930
- 2nd Target: 24,860
Bearish Breakdown: If a 15-minute candle closes below 24,920, downside targets activate:
- 1st Target: 24,860
- 2nd Target: 24,770
- 3rd Target: 24,650
Recovery Play: If Nifty crosses 24,920 but closes above it, upside targets materialize:
- 1st Target: 24,970
- 2nd Target: 25,022
Bank Nifty Predictions
Our bank nifty predictions for August 20, 2025, identify a no-trading zone from 55,725 to 55,970:
Bullish Momentum: If a 15-minute candle closes above 55,970, targets include:
- 1st Target: 56,156
- 2nd Target: 56,370
- 3rd Target: 56,580
False Breakout: If Bank Nifty crosses 55,970 but closes below, short targets are:
- 1st Target: Today's low at 55,850
- 2nd Target: 55,650
Bearish Scenario: If a 15-minute candle closes below 55,725, downside targets emerge:
- 1st Target: 55,579
- 2nd Target: 55,469
- 3rd Target: 55,236
Recovery Pattern: If it crosses 55,725 but closes above, upside targets activate:
- 1st Target: 55,850
- 2nd Target: 55,950
SENSEX Predictions
For Sensex prediction on August 20, 2025, our analysis reveals a no-trading zone from 81,450 to 81,765:
Bullish Breakout: If a 15-minute candle closes above 81,765, targets include:
- 1st Target: 82,080
- 2nd Target: 82,370
- 3rd Target: 82,572
Failed Rally: If Sensex crosses 81,765 but closes below, short-side targets are:
- 1st Target: Today's low at 81,600
- 2nd Target: 81,450
Bearish Breakdown: If a 15-minute candle closes below 81,450, downside targets emerge:
- 1st Target: 81,270
- 2nd Target: 81,000
- 3rd Target: 80,880
Recovery Scenario: If it crosses 81,450 but closes above, upside targets materialize:
- 1st Target: 81,650
- 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:
Positive Catalysts:
- GST Reform Implementation: Expected rollout by Diwali 2025 boosting consumption
- S&P Rating Upgrade: Enhanced FII confidence and capital inflows
- Technical Setup: All indices showing bullish candle patterns with volume confirmation
- Sectoral Strength: Auto, FMCG, and financial sectors leading the rally
Key Levels to Monitor:
- Nifty decisively crossing 25,000 could trigger further upside momentum
- Bank Nifty sustaining above 56,000 would confirm banking sector resilience
- Sensex breaking 82,000 could signal broader market euphoria
Risk Management:
- Profit-booking expected at higher levels
- Global cues and geopolitical developments
- Any negative news flow on GST implementation timeline
Trading Strategy: Focus on breakout/breakdown trades with proper risk management. Respect the no-trading zones and avoid counter-trend trades. No bullish trades in bearish candles, no bearish trades in bullish candles.
Final Verdict
Our Technical Analysis for 20 Aug 25 suggests a cautiously bullish outlook for the Indian Stock Market. The combination of policy reforms, rating upgrade, and strong technical setup provides a favorable backdrop for continued upward momentum.
Key Recommendations:
- Maintain strict adherence to support and resistance levels
- Focus on volume-confirmed breakouts
- Implement proper position sizing and stop-loss management
- Monitor global cues and domestic news flow
The market prediction for tomorrow favors bullish sentiment, but traders must remain vigilant about the defined no-trading zones and respect technical levels for optimal risk-reward ratios.
Disclaimer: This analysis is for educational purposes only and should not be considered as investment advice. Please consult with your financial advisor before making any investment decisions. Past performance does not guarantee future results. Option Matrix India and the author are not responsible for any trading losses incurred based on this analysis.