Technical Analysis for 21st Aug 2025:
Nifty, Bank Nifty & Sensex Predictions
In today's Indian stock market session, the Nifty 50 index showcased a resilient upward movement, closing higher amid volatile trading. Market closed at 25,050.55 after trading in a range of 24,929.70–25,088.70, opening at 24,965.80. Our previous analysis achieved 100% accuracy in targeting today’s critical levels. Click here to review our last Technical Analysis : Previous Analysis .
Key Observations of Market Closing
The market exhibited mixed signals at close. Nifty formed a bullish candle pattern on the daily chart, indicating potential buying interest despite intraday dips. Sensex mirrored this with a similar bullish candle, closing positively. However, Bank Nifty displayed a bearish candle, closing lower than its open, suggesting caution in banking sector trades. Overall, the Indian stock market showed strength in broader indices but weakness in financials, with volume steady at around 275 million for Nifty.
- Bullish Daily Candle with a small upper wick, indicating controlled profit-taking.
- Volume at 275.11M, up 9% vs. yesterday, confirming conviction in today’s move.
- Bank Nifty and Sensex also formed bullish bodies, suggesting sector-wide strength.
Support and Resistance Levels
These levels are crucial for tomorrow's market prediction, acting as pivots for intraday moves.
Index | Support Zone | Resistance Zone | No-Trade Range |
|---|---|---|---|
Nifty 50 | 24,960–24,930 | 25,089–25,152 | 25,030–25,089 |
Bank Nifty | 55,650–55,550 | 55,808–55,965 | 55,650–55,808 |
Sensex | 81,765–81,650 | 81,990–82,313 | 81,765–81,990 |
Nifty Predictions
For Nifty predictions in the Indian stock market, focus on the no-trading zone between 25,030 and 25,089. If the 15-minute candle closes above the 25089 mark, we could see further upward movement. Conversely, if it closes below 25030, a downward trend may occur, potentially reaching 24770.
- If a 15-minute candle closes above 25,089:
- Target 1: 25,152
- Target 2: 25,243
- Target 3: 25,330
- If it crosses 25,089 but closes below:
- Target 1: Today's low 25,030
- Target 2: 24,960
- If a 15-minute candle closes below 25,030:
- Target 1: 24,960
- Target 2: 24,880
- Target 3: 24,770
- Alternatively, if a 15-minute candle crosses 25,030 but closes above:
- Upside Target 1: 25,085
- Upside Target 2: 25,140
(No bullish trade in bearish candle, no bearish trade in bullish candle.)
Bank Nifty Predictions
Bank Nifty predictions point to a No-trade zone: 55,650–55,808. If the 15-minute candle closes above the 55,808 mark, we could see further upward movement. Conversely, if it closes below 55,650, a downward trend may occur, potentially reaching 55,236.
- If a 15-minute candle closes above 55,808:
- Target 1: 55,965
- Target 2: 56,066
- Target 3: 56,155
- If it crosses 55,808 but closes below:
- Target 1: Today’s low 55,650
- Target 2: 55,550
- If a 15-minute candle closes below 55,650:
- Target 1: 55,570
- Target 2: 55,464
- Target 3: 55,236
- If a 15-minute candle crosses 55,650 but closes above:
- Upside Target 1: 55,800
- Upside Target 2: 55,950
SENSEX Predictions
Sensex prediction includes a No-trade zone: 81,765–81,990. If the 15-minute candle closes above the 81990 mark, we could see further upward movement. Conversely, if it closes below 81,765, a downward trend may occur, potentially reaching 81,212.
- If a 15-minute candle closes above 81,990:
- Target 1: 82,313
- Target 2: 82,586
- Target 3: 82,778
- If it crosses 81,990 but closes below:
- Target 1: Today’s low 81,770
- Target 2: 81,650
- If a 15-minute candle closes below 81,765:
- Target 1: 81,620
- Target 2: 81,452
- Target 3: 81,212
- If a 15-minute candle crosses 81,765 but closes above:
- Upside Target 1: 81,900
- Upside Target 2: 82,088
Tomorrow’s Market Prediction
In light of today’s bullish indicators across all three indices, for tomorrow's Market Prediction for 21st August we can expect initial upward momentum; however, it is prudent to remain vigilant should prices approach the upper boundaries of our designated no-trade zones. It is advisable to seek confirmation of momentum above critical breakout levels prior to engaging in any new directional trades.
Final Verdict
Today’s candle pattern and volume favor a bullish tilt, provided the 15-minute closes confirm breakouts. Respect the no-trade zones to avoid chop. Use the targets and zones above to plan entries, exits, and risk management.
Disclaimer: This article is for educational purposes only. Trading involves risk; please use appropriate risk management.