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2025-08-14 09:24:34 am | Source: Choice Broking Ltd
Quote on Pre-Market Comment 14th Aug 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd
Quote on Pre-Market Comment 14th Aug 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd

Below the Quote on Pre-Market Comment 14th Aug 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd

 

The benchmark Sensex and Nifty indices are expected to open on a flat note on August 14, following GIFT Nifty trends indicating a loss of 18 points for the broader index.

After a flat opening, Nifty can find support at 24,500 followed by 24,400 and 24,300. On the higher side, 24,700 can be an immediate resistance, followed by 24,800 and 24,900.

The charts of Bank Nifty indicate that it may get support at 55,000 followed by 54,800 and 54,500. If the index advances further, 55,300 would be the initial key resistance, followed by 55,500 and 55,800.

The Foreign institutional investors (FIIs) continued their selling for a third consecutive session on August 13 as they sold equities worth Rs 3,644 crore, while Domestic institutional investors (DIIs) continued their buying as they bought equities worth Rs 5,623 crore on the same day.

INDIAVIX was negative Yesterday down by 0.76% and is currently trading at 12.1400.

Yesterday, the Indian equity market opened with a gap-up start. After an initial phase of consolidation, buying from lower levels helped the Nifty index inch higher, allowing it to sustain its gains throughout the session. The index ended on a positive note, closing above the 24,600 mark. Global markets traded with a mixed sentiment, while Foreign Institutional Investors (FIIs) continued their selling streak, indicating cautious undertones in the broader trend. On the downside, immediate support for Nifty is placed at 24,500, followed by the 24,400–24,300 zone. As long as the index manages to hold above these support levels, extended selling pressure is unlikely. On the upside, 24,700 will act as the immediate resistance, followed by the 24,800–25,000 zone. A decisive breakout and sustained trade above these levels could signal a pause in the current downtrend and open the door for further buying opportunities. Traders are advised to remain cautious, avoid taking large overnight positions, and maintain strict stop-loss levels to manage risk amid heightened volatility.

 

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