*๐ INDIAN STOCK MARKET UPDATE โ FRIDAY, AUGUST 21, 2026* ๐ NIFTY SNAPS 7-DAY LOSING STREAK! Can Bulls Extend Thursday's Relief Rally? Dalal Street finally broke its painful 7-session losing streak on Thursday as falling U.S. bond yields, a softer dollar and aggressive short-covering triggered a broad-based recovery. ๐ฐ โน2.7+ LAKH CRORE added to BSE investor wealth in ONE session! ๐ THURSDAY MARKET RECAP ๐ข NIFTY 50: 24,231.85 | โฒ 153.55 (+0.64%) ๐ข SENSEX: 77,537.72 | โฒ 628.04 (+0.82%) ๐ข BANK NIFTY: 57,518.10 | โฒ 257.60 (+0.45%) ๐ข MIDCAP 150: +0.36% ๐ข SMALLCAP 250: +0.58% ๐ INDIA VIX: ~10.82โ11.30 ๐ฅ SECTORAL LEADERS ๐ข Nifty Media: +2.13% ๐ข Nifty Realty: +1.41% ๐ข Eternal: +2.5% ๐ข Shriram Finance: +2.2% ๐ข ITC: +1.8% ๐ข Bajaj Finance: +1.7% ๐ข Infosys: +0.91% ๐ข TCS: +0.39% Breadth strongly favored the bulls with approximately 2,450 advancing stocks vs 1,875 declining stocks on the BSE. --- ๐ฏ TODAY'S NIFTY VIEW BIAS: ๐ข BULLISH CONTINUATION Thursday's high-volume recovery reclaimed the 24,150 pivot and 50-day EMA, shifting the short-term setup back toward Buy on Dips. ๐ BREAKOUT ZONE: 24,290โ24,320 A sustained 30-minute close above 24,320 with strong volume could trigger another short-covering wave toward: ๐ฏ 24,450 โ 24,500 ๐ก๏ธ KEY SUPPORT LEVELS ๐ข Immediate Support: 24,130โ24,150 ๐ข Major Demand: 23,950โ24,000 โ ๏ธ A break below 24,100 could reopen weakness toward 23,950. ๐ฆ BANK NIFTY ๐ข Support: 57,100 ๐ข Major Demand: 56,500โ56,800 ๐ด Resistance: 57,800 ๐ด Supply: 58,200โ58,500 --- ๐ MAJOR CUES TODAY ๐บ๐ธ U.S. 10Y Yield: 4.64% ๐ต Dollar Index: โผ 0.83% ๐ฐ August FPI Inflows: โน23,320 crore ๐ข๏ธ Brent Crude: ~$94/barrel ๐ India VIX: ~11 Falling U.S. yields and a weaker dollar are providing relief to emerging-market equities, while crude near $94 remains the key risk for India. ๐ฏ TODAY'S STRATEGY DON'T CHASE THE OPENING SPIKE. Watch 24,290โ24,320 carefully. โ Above 24,320 + volume โ 24,450โ24,500 โ Above 24,150 โ Buy-on-dips bias remains โ ๏ธ Below 24,100 โ Caution / weakness toward 23,950 ๐ Focus on relative-strength: ๐น Private Banks ๐น IT Exporters ๐น Consumer Discretionary ๐น High-beta financials ๐ Educational purpose only. Not investment advice. โโโโโโโโโโโโโโโโโโ ๐ฒ STOCK | OPTIONS |FUTURE Learn โข Analyse โข Trade Smart โโโโโโโโโโโโโโโโโโ
๐ ๐๐๐๐๐ | ๐๐๐๐๐๐๐ | ๐ ๐๐๐๐๐+ ๐ค: post #2251 โ TG.ME
August 21, 2026 95