Nifty 50 Daily Analysis — 2026-08-21
Session: ClosingLatest
- Close
- 24,252.00
- Change
- 0.08%
- 1W Change
- -0.47%
- 20D Change
- 2.04%
- EMA20
- 24,299.79
- EMA50
- 24,190.80
- EMA200
- 24,441.85
- RSI (14)
- 49.1
- ATR (14)
- 174.60
- Volatility (20D)
- 9.16%
- Distance from 20D High
- -2.11%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 15.70
- US10Y
- 4.70%
- DXY
- 98.63
The index closed slightly higher, showing mild resilience after a weekly decline, with momentum indicators hovering near neutral territory.
Market Drivers
The move is driven by a mix of stabilizing global cues and selective buying, though overall market breadth remains mixed.
Trend Interpretation
Price is trading below the long-term average but above the medium-term average, indicating a consolidative phase with a slight upward bias in the medium term.
Risk Factors
Key risks include sustained selling pressure from higher levels and a potential breakdown below the medium-term support, which could accelerate downside.
Bullish
In a bullish scenario, the index could regain upward momentum, reclaiming the short-term average and challenging recent highs, supported by improving breadth.
Neutral
In a neutral scenario, the index may continue to oscillate within a range, with limited directional conviction as buyers and sellers remain balanced.
Risk
In a risk scenario, a break below the medium-term average could trigger further declines, with the next support levels coming into play.