A BRIEF UPDATE ON CNX-NIFTY FOR-25.8.2025

 

CNX-NIFTY

Open—25064.15—High—25084.85---Low---24859.15---Close---25870.10 on 22.8.2025.

OVERALL VIEW:-

The fall on 22.8.2025 after six days of straight rise was just a normal correction as of now and as long as it holds the range of 24753.15---24734 on the closing basis, chances of resuming the up-move will be alive and it may bounce back and may retest its recent top of 25153.65 or may go beyond it also. It is important to mention here that till it moves above 25371 and sustain on the closing basis no further rise is expected and the possible upside bounces back or rally may fizzle out in the range of 25170----25256----25371 and then it may head for a sharp fall. It is important to mention here that if it moves above 25371 and sustain on the closing basis, then it could retest its all-time high of 26277.35 or may go beyond it also.

NOTE: - If it opens up with huge gap up then wait for it to settle down before initiating long position, but short trade can be attempted on huge gap up if it is near the selling point and vice versa . Since, it is showing volatility so any type of trade should be squared off during the day, if you don’t have reasonable profit margin in the trade. Day squaring off is strongly suggested in any case.

Disclaimer:-The view expressed here are solely of the author and he is not at all responsible in any way for the outcome of the trade you enter based on the above view. This is for educational purpose.

Kindly note that make your cost your stop loss in favorable trade and then trail it as the price move up/down to gain maximum profit and avoid losses. Use support and resistance levels as entry, exit, target and trailing stop loss points. DO NOT TRADE WITHOUT STOP LOSS. 

Note: Price stated here are of spot market. 

Thanks 

Narendra Kumar Surana

Mobile—8240951127/9831313654.

Email--- suranank@gmail.com