Published: July 18, 2025 | By Agam Kaushik(Co-Editor) | Linkedin
Last Updated | 7:10 PM(IST)
The Nifty 50 and BankNifty, wrapped up the week on Friday, July 18, 2025, with a prevailing negative trend. After a period of significant volatility, both key indices are signaling caution for traders. As we head into Monday’s session on July 21, 2025, understanding the current technical setup, key levels, and strategic approaches will be crucial for making informed decisions.
Nifty Performance Today – July 18, 2025
The Nifty 50 concluded Friday’s session reflecting a negative bias. Traders should note the current levels and the implications for the week ahead.
- Closing Level (July 18): 24,968
- Current Trend: Negative
The index’s movement indicates that while some sectors might see selective action, the broader market sentiment requires careful observation.
What’s Shaping the Current Market ?
The shift to a negative trend can be influenced by several factors:
- Global Cues: International market performance, evolving geopolitical situations, and shifts in global central bank policies (like the U.S. Fed) can impact investor sentiment in emerging markets.
- Institutional Flows: Changes in buying or selling patterns from Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) can significantly influence market direction.
- Sectoral Performance: While some sectors might show resilience, widespread profit-taking or underperformance in heavyweights can drag down the indices.
- Technical Reversals: After any prolonged move, whether up or down, technical indicators often signal potential reversals or consolidations.
Also Read-https://bytethenews.in/today-gold-rate-in-tirunelveli-8-gram-22-carat-live-updates/
Nifty Technical Outlook – July 21, 2025
The technical charts for Nifty 50 indicate a clear negative trend. Understanding the immediate support and resistance levels will be vital for Monday’s trading.
- Current Trend: Negative
- Closing Level (July 18): 24,968
Nifty Support Levels to Watch
These levels indicate potential areas where buying interest might emerge, possibly halting or reversing a downward move.
| Level | Description |
|---|---|
| 24,877 | Immediate Support |
| 24,785 | Key Intraday Support |
| 24,651 | Stronger Technical Cushion |
Nifty Resistance Levels Ahead
These levels represent potential hurdles where selling pressure might increase, preventing further upward movement.
| Level | Description |
|---|---|
| 25,102 | Immediate Hurdle |
| 25,237 | First Upside Breakout Target |
| 25,328 | Next Resistance to Monitor |
Nifty Trading Strategies for Monday, July 21, 2025
Given the current negative trend, traders should approach the market with caution and adhere to strict risk management.
Short Strategy (Continue Holding)
- Action: If you are currently holding short positions, it is advisable to continue holding them.
- Daily Closing Stop-loss: Maintain a strict daily closing stop-loss at 25,210. A close above this level could signal a temporary shift in momentum.
Long Strategy (Only on Confirmation)
- Trigger: Fresh long positions should only be initiated if Nifty closes above 25,210 levels on a daily basis. This would indicate a potential reversal of the current negative trend.
- Note: Initiating long positions without clear confirmation in a negative trend carries higher risk.
BankNifty Prediction – July 21, 2025
Similar to Nifty, Banknifty is also exhibiting a negative trend, requiring a cautious approach from traders.
- Current Level (July 18): 56,283
- Current Trend: Negative
BankNifty Trading Strategies for Monday, July 21, 2025
Short Strategy (Continue Holding)
- Action: If you are currently holding short positions, it is advisable to continue holding them.
- Daily Closing Stop-loss: Maintain a strict daily closing stop-loss at 56,919. A close above this level could signal a temporary shift in momentum.
Long Strategy (Only on Confirmation)
- Trigger: Fresh long positions should only be initiated if Banknifty closes above 56,919 levels on a daily basis. This would indicate a potential reversal of the current negative trend.
- Note: As with Nifty, initiating long positions without clear confirmation in a negative trend carries higher risk.
You May Also Like :-
https://bytethenews.in/category/finance/
FAQs – Nifty & BankNifty
Q1. What is the current trend for Nifty and BankNifty ?
Both Nifty and Banknifty are currently in a negative trend.
Q2. Should traders be cautious despite the current levels ?
Yes. While specific levels are identified, the overall negative trend suggests caution. Traders should use tight stop-losses and avoid over-leveraging, especially near resistance levels.
Q3. What are the key technical levels for Nifty ?
- Support: 24,877 / 24,785 / 24,651
- Resistance: 25,102 / 25,237 / 25,328
Q4. What are the key technical levels for Banknifty ?
- Support: 56,090 / 55,897 / 55,590
- Resistance: 56,590 / 56,898 / 57,091
Q5. When can fresh long positions be initiated for Nifty ?
Fresh long positions for Nifty can be initiated if the index closes above 25,210 levels on a daily basis.