Will Nifty Stay Under Pressure On August 14, 2026?
Market Recap
- Nifty: Closed lower by 0.16%
- Midcap 100: Gained 0.15%
- Top Performing Sectors: Chemical, Realty
- Weak Sectors: Metal
- FIIs: Net Sellers ₹510.69 Crore
- DIIs: Net Buyers ₹4,353.09 Crore
Options Market Analysis
- Highest Call OI: 24,800 Call
- Highest Put OI: 24,000 Put
- PCR: 0.78
- Max Pain: 24,400
- VWAP Range: 24,300 – 24,520
The options chain continues to reflect caution. Higher Call Writing relative to Put Writing indicates traders remain hesitant to aggressively price in an upside breakout. The PCR of 0.78 remains below the neutral zone, suggesting sentiment is still somewhat defensive despite recent support from domestic institutions.
FII Positioning Remains A Concern
- Nifty Futures: -2,939 Contracts
- Bank Nifty Futures: -635 Contracts
- Fin Nifty Futures: -8 Contracts
- Midcap Nifty Futures: +49 Contracts
Foreign investors continued to maintain a cautious stance in index futures. Persistent selling in Nifty futures indicates that institutional traders are not yet positioning for a decisive bullish breakout. However, continued DII buying is helping absorb some of the selling pressure.
Support Zone: 24,300 – 24,250
Immediate Resistance: 24,400 – 24,450
Major Resistance: 24,520
Major Support: 24,000
Indian-Share-Tips.com Nifty Expert Gulshan Khera, CFP®, who is also a SEBI Regd Investment Adviser, observes that the options structure remains mildly negative with Call writers maintaining control near higher strike levels. Unless Nifty decisively moves above the 24,520 zone, traders may continue to witness range-bound and volatile price action. The 24,300 level remains critical support for the next trading session.
Read Free content at Indian-Share-Tips.com, which is a SEBI Registered Advisory Services.
Written by Indian-Share-Tips.com, which is a SEBI Registered Advisory Services.