The Nifty 50 index is poised at an pivotal point today, which is on the 24th of August 2025. With uncertainty in the global economy as well as domestic policy reforms and technical indicators displaying divergent signals, both investors and traders are nervous. The next movement in Nifty could determine whether Indian equity markets will rise to new heights or experience a sharp correction.
Let’s get into the important resistance and support levels as well as technical analysis and market factors which are shaping the current trading session.
Key Support and Resistance Levels for Nifty 50
The charts of technical analysis highlight key areas that can determine the next move.
- Instant support: 24,791
- Next levels of support: 24,712 and 24,565 (a break here could cause a sharp increase in selling pressure)
- In-Moment resist: 25,017
- Additional resist: 25,163 and 25,250 (sustaining above 25,250 could open the way to 25,650 in the medium-to-short term.)
Support & Resistance Table
| Level Type | Classic (Pivot) | Fibonacci | Key Zones |
|---|---|---|---|
| R3 | 25,243 | 25,163 | 25,250-25,650 |
| R2 | 25,164 | 25,078 | |
| R1 | 25,017 | 25,024 | 25,000-25,017 |
| Pivot | 24,938 | 24,852 | |
| S1 | 24,791 | 24,852 | 24,800-24,791 |
| S2 | 24,712 | 24,712 | |
| S3 | 24,565 | – |
Technical & Sentiment Analysis
The momentum of Nifty is influenced by a mixture of a cautious and optimistic outlook:
- A winning streak 6 consecutive days of growth, fueled by Reliance and a few financials.
- policy boost An increase in investor confidence by the possibility of GST reforms.
- Profit-booking: Some cooling off as brokers adjust to potential changes in the law regarding derivatives speculation.
- Indicates: RSI shows “neutral to slightly overbought”; moving averages are still indicating an undertone of bullish.
Strategy for trading today:
- The buy limit is 25,125. Targets: 25,180-25.320 Stop-loss 24.940
- Reduce price below 24,930 The target is 24,885-24,735; Stop-loss at 25,060
Key Market Drivers to Watch
- Institutional Flows:
- FIIs net purchase of the sum of Rs1,246 crore
- DIIs net purchase of the amount of Rs2,546 crore
– Both supporting market dips.
- Global Cues:
- Jackson Hole symposium – U.S. Fed signals on interest rates could cause volatility in Asian markets.
- Market Structure:
- A consolidation below 25,000 is considered healthy if support remains.
- The sustained rise above 25,250 indicates positive continuation.
- Breakdown below 24,800 could mean a correction.
What’s Next for Nifty?
- Upside Trigger The crossing of 25,017-25,164 could lead to new bullish momentum and targets as high as 25,650.
- The downside risk: Sustained close below 24,850, with a high volume, could pull Nifty to 24,700 or lower.
- Wider Themes The regulatory reforms that have been implemented, IPO activity as well as international macro developments will influence the mood of investors.
Today’s Range to Watch: 24,800-25,250
A break-through or collapse from this band could determine the trend of the market in the near future.
Disclaimer
This article is meant for educational and informational reasons only. The information provided does not constitute in no way any financial recommendation. Market investments in stocks can be risky and readers are advised to consult a licensed financial advisor prior to making any investment decision.