Nifty Outlook :- 21.07.2025 - CFA Hitesh Somani

CFA Hitesh Somani
MD - Aapka Investments 
Website - https://www.aapkainvestments.in

Market has fallen by approximately 200 points — will it recover or continue in the same trend next week?"

On a daily basis, Nifty was flat during the first three days, but in the last two days, it fell by approximately 200 points. On the weekly chart, we can see the third consecutive bearish candle this week, which indicates that investors are still booking profits. Last week, Nifty closed at 25,150, and this Friday it closed at 24,968.40 — down by 181 points. Since Nifty has already broken the 25,200 level, we might witness a sharp fall. However, if Nifty moves back to the 25,200 level, we can hope for a recovery.

According to the previous week, Bank Nifty was weak. This week, compared to Nifty, Bank Nifty fell by 471 points in the last two days of the week. Last week, Bank Nifty closed at 56,754.70, and this Friday it closed at 56,283 — which is a fall of almost 471 points.

Important Levels for Nifty Next Week

• Major Support Levels for Nifty
• Support 1 – 24700
• Support 2 – 24500     
• Support 3 – 24300

• Major Resistance Levels for Nifty
• Resistance 1 – 25300
• Resistance 2 – 25600
• Resistance 3 – 25900

Important Levels for Banknifty Next Week

• Major Support Levels for Banknifty
• Support 1 – 56000
• Support 2 – 55500
• Support 3 – 53900

• Major Resistance Levels for Banknifty
• Resistance 1 – 56700
• Resistance 2 – 57400
• Resistance 3 – 58000

Important Stocks to Watch Next Week

1) INDHOTEL      

CMP @ 765
Buy Above @ 770
Stop Loss Below @ 720
Targets @ 800, 840 and 910

2) MAHLIFE

CMP @ 380
BUY ABOVE @ 388
STOP LOSS @ 350
TARGETS @ 400, 430 and 450

3) HCLTECH

CMP @ 1540
BUY ABOVE @ 1550
STOP LOSS @ 1500
TARGETS @ 1580, 1620 and 1650