19/08/2026
📉 Nifty Breaks Down — What’s Next for the Index?
Nifty has broken below the previous week’s Doji candle, signalling profit booking and a potentially sideways trend.
Now, all eyes are on the 24,500 support zone. 👀
🔹 Bounce from 24,500? Nifty could target 24,750
🔻 Break below 24,500? Selling pressure could take the index towards 23,800
Meanwhile, Nifty Defence & Auto Ancillary are showing notable strength, with stocks like HAL, Mazagon Dock, Motherson, and Uno Minda displaying positive price action.
So, will Nifty defend 24,500 or head lower?
🎥 Watch this week’s Weekly Market Pulse for the complete technical & derivatives analysis:
👉 https://www.youtube.com/watch?v=aWeOiJfkBKI
💬 What’s your view on Nifty’s next move? Tell us in the comments.
Disclaimer: https://rb.gy/jqplkw
In this week’s Market Pulse video, Mr. Kunal Shah takes us through ...