Nifty Outlook :- 01.09.2025 - CFA Hitesh Somani

 

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

The market has been continuously falling, and in this 4-trading-day week, Nifty has dropped by almost 450 points. Will the market recover, or will it continue in the same trend next week?

On the first day, the market remained sideways, but after that, it fell continuously for 3 days, dropping almost 450 points. From this, it is clearly visible that big players are doing profit booking here, and due to tariffs, the market went down this week. But right now, the market has some strong support levels, such as 24,200. If the market breaks 24,200, then we may see the same trend continue; otherwise, the market could give a recovery move from the 24,200 level.

Bank Nifty is relatively weaker compared to Nifty. This week, Bank Nifty has already fallen by almost 1500 points due to tariffs. However, Bank Nifty is also at a strong support level of 53,400. From here, it can give a recovery move, but if it breaks this level, then we may see a sharp fall in Bank Nifty.

Important Levels for Nifty Next Week

• Major Support Levels for Nifty
• Support 1 – 24300
• Support 2 – 24000     
• Support 3 – 23700

• Major Resistance Levels for Nifty
• Resistance 1 – 24700
• Resistance 2 – 25000
• Resistance 3 – 25200 

Important Levels for Banknifty Next Week 

• Major Support Levels for Banknifty
• Support 1 – 53400
• Support 2 – 52700
• Support 3 – 52000 

• Major Resistance Levels for Banknifty
• Resistance 1 – 54000
• Resistance 2 – 54400
• Resistance 3 – 55000 

Important Stocks to Watch Next Week

1) CG POWER
CMP @ 694
Buy Above @ 705
Stop Loss Below @ 660
Targets @ 725, 765 and 805

2) MARICO
CMP @ 725
Buy Above @ 730
Stop Loss @ 690
Targets @ 750, 780 and 820

3) LT
CMP @ 3615
Buy Above @ 3620
Stop Loss @ 3530
Targets @ 3670, 3720 and 3800