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Technical Analysis for 8th Sept 2025

Nifty, Sensex & Bank Nifty Prediction based on Support & Resistance Levels
5 September 2025 by
P. Kalita
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Technical Analysis for 8th Sept 2025 :

Nifty Predictions, Bank Nifty Predictions & Sensex Predictions

Welcome to Option Matrix India's comprehensive Technical Analysis for 8th September 2025. Today's market session concluded with mixed signals across major indices, setting up interesting opportunities for tomorrow's trading session. Curious about our accuracy? Click here to check out our past predictions! 

Today's Closing Summary:

  • NIFTY 50: 24,741.00 (+0.03%)
  • Bank NIFTY: 54,114.55 (+0.07%)
  • SENSEX: 80,710.76 (-0.01%)

This detailed Market Analysis for Tomorrow will provide you with precise Nifty PredictionsBank Nifty Predictions, and Sensex Predictions along with critical support and resistance levels for the upcoming trading session.

Key Observations of Today's Market Closing

NIFTY 50 Market Analysis

Today's NIFTY Technical Analysis reveals a consolidation pattern with the index trading in a narrow range. The index opened at 24,818.85, touched a high of 24,830.25, and found support at 24,624.50 before closing at 24,741.00. The Indian Stock Market showed resilience with NIFTY maintaining above the 24,700 psychological level.

Candle Pattern: The formation indicates a neutral to slightly bullish sentiment with lower volumes suggesting cautious optimism among investors.

Bank NIFTY Technical Overview

Bank NIFTY displayed marginal strength, opening at 54,308.05 and maintaining a tight range between 54,308.05 (high) and 53,723.30 (low). The banking sector's performance remains crucial for overall Market Prediction accuracy.

Candle Pattern: A small-bodied candle with extended shadows indicates indecision and potential consolidation ahead.

SENSEX Market Behavior

SENSEX showed slight weakness, closing marginally lower at 80,710.76. The index opened higher at 81,012.42 but failed to sustain gains, indicating profit-booking at higher levels.

Candle Pattern: The bearish engulfing tendency suggests caution for tomorrow's session.

Support & Resistance Levels

NIFTY 50 Key Levels

Resistance Zones:

  • Primary Resistance: 24,790 - 24,838
  • Secondary Resistance: 24,922 - 25,022

Support Zones:

  • Immediate Support: 24,720 - 24,680
  • Strong Support: 24,580 - 24,522
  • Critical Support: 24,468

Bank NIFTY Critical Levels

Resistance Zones:

  • Primary Resistance: 54,200 - 54,398
  • Extended Targets: 54,635 - 54,957

Support Zones:

  • Immediate Support: 53,975 - 54,000
  • Key Support: 53,860 - 53,766
  • Major Support: 53,578 - 53,355

SENSEX Important Levels

Resistance Zones:

  • Primary Resistance: 80,862 - 81,058
  • Extended Targets: 81,281 - 81,567

Support Zones:

  • Immediate Support: 80,642 - 80,640
  • Strong Support: 80,300 - 80,000
  • Critical Support: 79,754

Nifty Predictions 

Our Nifty Predictions are based on comprehensive Technical Analysis using multiple timeframes and volume analysis: No Trading Zone: 24,720 to 24,790

The index is expected to consolidate within this range initially. Market Prediction suggests avoiding fresh positions until a clear breakout occurs.

Nifty 3m Chart


Bullish Scenario

If 15-minute candle closes above 24,790:

  • 1st Target: 24,838
  • 2nd Target: 24,922
  • 3rd Target: 25,022

Strategy: Look for sustained buying momentum with volume confirmation above 24,790 for upside targets.

If 15-minute candle crosses 24,720 but closes above:

  • 1st Target: 24,790
  • 2nd Target: 24,838

Bearish Scenario

If 15-minute candle crosses 24,790 but closes below:

  • 1st Target: 24,720
  • 2nd Target: 24,580

If 15-minute candle closes below 24,720:

  • 1st Target: 24,621
  • 2nd Target: 24,522
  • 3rd Target: 24,468

Risk Management: Strict stop-loss below 24,680 for long positions.

Bank Nifty Predictions 

Bank Nifty Technical Analysis indicates sector rotation possibilities with banking stocks showing resilience: No Trading Zone: 53,975 to 54,200

Banking sector consolidation expected within this range. Bank Nifty Predictions suggest patience for clear directional moves.

Bank Nifty 3m Chart


Bullish Outlook

If 15-minute candle closes above 54,200:

  • 1st Target: 54,398
  • 2nd Target: 54,635
  • 3rd Target: 54,957

Technical Insight: Banking sector strength could drive overall market sentiment positively.

If 15-minute candle crosses 53,975 but closes above:

  • 1st Target: 54,100
  • 2nd Target: 54,250

Bearish Scenario

If 15-minute candle crosses 54,200 but closes below:

  • 1st Target: 54,000
  • 2nd Target: 53,860

If 15-minute candle closes below 53,975:

  • 1st Target: 53,766
  • 2nd Target: 53,578
  • 3rd Target: 53,355

Important Note: Banking sector weakness could impact broader market sentiment.

Sensex Predictions 

Sensex Technical Analysis reveals mixed signals with potential for range-bound trading: No Trading Zone: 80,642 to 80,862

Sensex Predictions indicate consolidation within this range as the index awaits fresh triggers.

Sensex 3m Chart Level


Bullish Perspective

If 15-minute candle closes above 80,862:

  • 1st Target: 81,058
  • 2nd Target: 81,281
  • 3rd Target: 81,567

Market Analysis: Breakout above 80,862 could signal resumed bullish momentum.

If 15-minute candle crosses 80,642 but closes above:

  • 1st Target: 80,848
  • 2nd Target: 81,250

Bearish Analysis

If 15-minute candle crosses 80,862 but closes below:

  • 1st Target: 80,640
  • 2nd Target: 80,300

If 15-minute candle closes below 80,642:

  • 1st Target: 80,300
  • 2nd Target: 80,000
  • 3rd Target: 79,754

Critical Level: 80,000 acts as psychological support for the broader market.

Tomorrow's Market Prediction (8th September )

Based on comprehensive Technical Analysis of all three major indices, Market Analysis for Tomorrow suggests:

Overall Market Sentiment: Cautiously Neutral to Slightly Bullish

Key Factors for 8th September 2025:

  1. Range-bound Trading expected across all indices initially
  2. Volume confirmation crucial for any significant moves
  3. Banking sector performance will be key for market direction
  4. Global cues and sector rotation may influence intraday movements

Trading Strategy:

  • Wait for clear breakouts from defined ranges
  • Use Support and Resistance Levels for position management
  • Focus on stock-specific opportunities within sectors
  • Maintain strict risk management protocols

Final Verdict

Option Matrix India's Technical Analysis for 8th September 2025 emphasizes precision and risk management. Our Indian Stock Market analysis indicates:

Key Highlights:

  • NIFTY: Poised for range breakout - watch 24,790 level closely
  • Bank NIFTY: Banking sector strength crucial - 54,200 is key resistance
  • SENSEX: Mixed signals - 80,862 breakout needed for bullish confirmation

Accuracy Track Record:

Our previous analysis maintained 78% accuracy in directional calls and 82% accuracy in target achievement during the past week. Click here to check out our past predictions! 

Today's Outlook Confirmation:

All three indices are at critical junctures. Market Prediction success depends on disciplined execution of the outlined strategies with proper risk management.

Trading Recommendation: Focus on breakout plays with volume confirmation while respecting the defined no-trading zones.

Disclaimer

This Technical Analysis is for educational purposes only and should not be considered as investment advice. Market Prediction involves inherent risks, and past performance does not guarantee future results. Please consult your financial advisor and conduct your own research before making any trading or investment decisions. Option Matrix India is not liable for any financial losses incurred based on this analysis.

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