Nifty 50 is trading lower and has come down below the psychological 25,000 mark. It is currently trading at 24,964, down 0.48 per cent. The advances/declines ratio is at 11. This is negative. If the trend sustains, then Nifty can fall more during the day. Nifty has supports in the 24,920-24,880 region. As such there are good chances to reverse higher from this support zone. Such a bullish reversal can take the Nifty up to 25,100-25,150 again. Nifty will come under more selling pressure only if it breaks below 24,880. Such a break can take it down to 24,850-24,820 and even lower. We keep our bias positive for the Nifty to sustain above the 24,920-24,880 support zone and see a rise back to 25,100 again. The Nifty 50 August Futures (24,950) us down 0.68 per cent. It has supports at 24,930 and 24,900 which can be tested during the day. If the contract manages to bounce back from either of these two supports, it can get some relief. In that case a rise back to 25,050-25,100 is possible. But a break below 24,900 will be bearish to see 24,850 and even 24,770 during the day. We will have to wait… (Updated 22 Aug 2025, 10:44 IST; source: link)