Quote on Weekly Market outlook 14th Aug 2025 by by Mr. Bharat K Gala President, Technical Head, Ventura
Below the Quote on Weekly Market outlook 14th Aug 2025 by by Mr. Bharat K Gala President, Technical Head, Ventura
NIFTY SPOT
15 AUG 2025
NIFTY SPOT (Weekly Outlook)
24631.30
This week Nifty reached a high of 24600.85 and faced resistance.
As of now (24850-25007)- (25165-25252) will remain as Sell levels.
When Nifty sustains above 25252 Nifty opens for 25340 and 25670.
Supports are at 24337-(24145-23980). Weaknesses enter when Nifty sustain below 23980.
Thereafter Nifty opens for (23207-22923) the UP-Gap support.
The 200 DMA is at 24047.
Currently Traders should watch (24850-25007)- (25165-25252) as sell area.
BANK NIFTY SPOT
15 AUG 2025
BANK NIFTY SPOT (Weekly Outlook)
55341.85.
This week Bank Nifty reached a high of 55582.15.
As of now (55582-55946)-56267-(56590-56770) will remain as Sell levels.
When Bank Nifty sustains above 56770 Bank Nifty opens for 57365- and 57630.
Supports are at 54905-(54789-54588). Weaknesses enter when Bank Nifty sustains below 54588.
Thereafter Bank Nifty opens for (54055-53483) UP-Gap support.
The 200 DMA is at 52760.
Currently Traders should watch (55582-55946)-56267-(56590-56770) as sell area.
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