Nifty 50, Sensex Today: What to expect from the Indian Stock Market in the trade on August 19 after Trump-Zelensky meeting

Indian stock market criteria, Sensex and Nifty 50, are likely to open flat on Tuesday and locate a mixed trend in the world markets. The trends on Gift Nifty also indicate a marginal positive start to the Indian benchmark index. The Gift Nifty traded about 24,988 level, a premium of almost 21 points from the Nifty Futures’ previous closure. The domestic stock market saw witness to an excellent rally on Monday, with both the benchmark indices jumping almost 1% each. The Sensex rose 676.09 points, or 0.84%, to close at 81,273,75, while the Nifty 50 245.65 points, or 1.00%, higher at 24,876,95. Here is what to expect from Sensex, Nifty 50 and Bank Nifty Today: Sensex Prediction Sensex has managed to close above the 20-day SMA (simple moving average) or 81,000, which is largely positive. “We believe that the short-term market prospects are positive, but that the intraday dips and rallies would be the ideal strategy for day traders. At the disadvantage, 81,000 and the 20-day SMA of 80,800 important support levels could be, while 81,700 and 82,000 could act as an important resistance areas for the bulls. -Shares -Research, Kotak Securities. Mayank Jain, market analyst, Share.Market said the next resistance for Sensex remains on the 82,000 – 81,800 series. “The Sensex’s sharp rally brings it closer to this zone, and a decisive move above can cause further purchase. To the disadvantage, the 81,000 -80.800 level still serves as a strong support. Nifty OI -data on the derivative front, the highest call open (OI) for Nifty is placed at the 25,000 strike, followed by 25.100, On the side of the side, the highest OI is seen during the 24,800 strike, followed by 24,700, which highlights strong support levels. – Research at Choice Equity Broking. If Monday’s upside -down gap remains open for the next few sessions, the said gap can be considered a bullish getaway gap, which is normally formed on the important bottom of the bottom, “said Nagaraj Shetti, senior technical research analyst. Must be at 25.250, while immediate support is placed on 24,700. 50-DMA, which coincides with the 25,000 mark. Nifty 50 nearly 25,100-25.200, with a significant obstacle at 25.200. Candlestick pattern with a long upper fuse, suggesting that the pressure is sold at higher levels after an initial move. A definite close above this region would be essential to establish stronger momentum. Until then, the rebound remains tentative and can easily go back into consolidation, “says Mehra, technical research analyst, Samco Securities. The support for Bank Nifty remains at 55,400, followed by 55.200, while the resistance to 55,900 – 56,150 remains firm, which coincides with the moving average group, he added.” Unlock, while failing to cross, the index can keep limited within a broad consolidation area, “said Mehra. Supeep Shah, head – technical and derivatives at SBI Securities said that the area of 56,000 – 56,100 will serve as an important obstacle to banknifig, and that any sustainable move above the level of 56.100 will lead to a sharp term.