Nifty Outlook : Asia weak; Indian markets could remain resilient by Geojit Investments Limited

2026-08-21 09:02:56 am | Source: Geojit Investments Limited

Nifty Outlook : Asia weak; Indian markets could remain resilient by Geojit Investments Limited

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Nifty Outlook

Nifty formed a bullish Doji after seven consecutive sessions of decline, signalling waning selling pressure and supporting the ongoing pullback. The index moved towards 24,260 as expected, and the recovery could extend towards 24,317-24,380, followed by 24,400-24,545 in the near term. Meanwhile, Nifty VIX slipped below 11, marking its lowest close since January 2026, reflecting easing volatility and improving risk appetite. The bias remains positive as long as the 24,060-24,000 support zone is defended.

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Nifty Outlook : Asia weak; Indian markets could remain resilient by Geojit Investments Limited

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