Nifty 50 Daily Analysis — 2026-08-18
Session: ClosingLatest
- Close
- 24,154.90
- Change
- -0.87%
- 1W Change
- -1.75%
- 20D Change
- -0.35%
- EMA20
- 24,343.69
- EMA50
- 24,187.20
- EMA200
- 24,453.38
- RSI (14)
- 45.0
- ATR (14)
- 193.49
- Volatility (20D)
- 9.98%
- Distance from 20D High
- -2.50%
- Advancers
- —
- Decliners
- —
- Volume
- 0
- VIX
- 16.02
- US10Y
- 4.70%
- DXY
- 99.61
The index closed lower with a modest decline, reflecting cautious sentiment. Momentum indicators suggest a slightly bearish tilt.
Market Drivers
The move is driven by broad risk-off sentiment, with weakness in global cues and a lack of sector leadership.
Trend Interpretation
Price is trading below key short-term and long-term moving averages, indicating a corrective phase. Momentum is weak but not oversold.
Risk Factors
Key risks include sustained selling pressure and a potential breakdown below recent support levels. Volatility remains elevated.
Bullish
A bullish scenario would see the index reclaiming its short-term moving averages and building on any positive momentum, supported by improving market breadth.
Neutral
A neutral scenario involves range-bound action with the index oscillating around its moving averages, awaiting a directional catalyst.
Risk
In a risk scenario, the index could extend its decline if selling pressure intensifies, leading to a test of lower support zones.