Trading Guide for August 20, 2025: Support and Resistance Levels for Nifty50 Shares
In the financial market on August 20, 2025, various stocks and indices have received technical analysis-based recommendations for intraday trades. Here's a summary of the key points:
S&P 500 Index (SPX)
The critical intraday pivot to watch is 6425. Long entries are suggested at various levels, including 6425–6424, 6420–6419, 6410–6408, 6400–6398, and 6400–6398, with strong option positioning and support tests, respectively. Short entries are favored at a rejection at 6450. The trade bias is towards longs if there's a failed breakdown near 6400 or 6410, with a potential target of 6390 if there's a clean break below 6400.
Intraday Stock Picks (India)
Five key stocks recommended for intraday trades are UPL, Exide Industries, L&T Finance, MMTC, and Ola Electric. These picks are based on sector momentum, breakout setups, and favourable entry zones. Traders are advised to combine technical signals with disciplined stop losses and capital allocation.
Indian Index Derivatives (Nifty and Bank Nifty)
For Nifty 50 Futures, the stop-loss level is set at 24980. The Nifty 24,800 Put Option is recommended to be bought on breakdown confirmation, while the Bank Nifty 55,600 Put Option is suggested to be bought below the support level. Strategies include Iron Condor within the range of 24,800-25,100 if the market is range-bound, Bull Call Spread on a breakout (25,000-25,100 CE), and Bear Put Spread on a breakdown (24,900-24,800 PE). The market view is initially range-bound, with a potential breakout after 11:00 AM, focusing on breakout/breakdown trades due to proximity to resistance.
US Mid-Priced Stocks for Day Trading (week of Aug 25, 2025)
Stocks with good volume and volatility suitable for day trading include Quantum Computing Inc. (QUBT), IonQ Inc. (IONQ), Rocket Lab USA Inc. (RKLB), GameStop Corp. (GME), Intel Corporation (INTC), and Carnival Corporation (CCL). These stocks offer the liquidity and price movement suited for intraday scalping or short-term trades. Specific entry and exit points would depend on intra-day price action.
Summary for Intraday Trading on August 20, 2025:
| Instrument / Stock | Entry Levels | Stop-Loss | Exit/Target / Notes | | --- | --- | --- | --- | | S&P 500 Index (SPX) | Long: 6425–6424, 6420–6419, 6410–6408, 6400–6398 | Stop below 6390 (if breakdown) | Short: Reject 6450; Target 6390 if breakdown below 6400[1] | | UPL, Exide, L&T Finance, MMTC, Ola Electric (India) | Specific buy levels given in detailed reports | Stop losses emphasized; details in source | Focus on momentum and breakout setups[2] | | Nifty & Bank Nifty Options (India) | Nifty 24,800 PE buy on breakdown; Bank Nifty 55,600 PE buy below support | Stop loss above entry trigger | Strategies: Iron Condor, Bull Call Spread, Bear Put Spread; monitor for breakout[4] | | Selected US Mid-Priced Stocks | Depends on price action within trading hours | Use tight stops due to volatility | Trade stocks with strong volume & range (e.g., QUBT, IONQ, RKLB etc.)[5] |
For specific stock or index levels, please indicate which one you'd like more granular levels for.
Additional Recommendations (Stock Specific)
- For TCS, the service advises going short on a break below 3000, with a stop-loss level set at 3010.
- The service suggests a long position for Reliance Industries when the price rises above 1435, with a stop-loss level of 1425.
- The service provides intraday trade recommendations for HDFC Bank with a suggested entry level of 1985 and a stop-loss level of 1990.
- The stop-loss level for SBI is set at 832.
- The service recommends going long on a break above 25080 for Nifty 50 Futures.
- The outlook for ONGC is unclear, and the service advises against trading this stock.
- For ITC, the service recommends a long position when the price exceeds 411, with a potential stop-loss level of 410.
- The service suggests a long position for Infosys when the price rises above 1455, with a stop-loss level of 1448.
- The service suggests taking fresh long positions for SBI when the price exceeds 835.
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