Nifty Prediction Today: Nifty 50 began today’s session with a gap-up at 24,285

Among the sectors, Nifty Metal (up 0.9 per cent) tops the chart.

Nifty 50 began today’s session with a gap-up at 24,285 versus Friday’s close of 24,252. The index is now hovering around 24,275, up about 0.1 per cent.The advance/decline ratio stands at 27/23, showing mild positive bias. Hindalco Industries (up 1.6 per cent) is the top gainer followed by Infosys (up 1.4 per cent). Whereas Bharat Electronics (down nearly 1 per cent) and Adani Ports (down 0.6 per cent) are the top losers.Among the sectors, Nifty Metal (up 0.9 per cent) tops the chart. Nifty Consumer Durables (down 0.5 per cent) is the top loser.Nifty 50 futuresThe August expiry Nifty futures began today’s session higher at 24,342 versus last week’s close of 24,286. It is now hovering around 24,300, up 0.1 per cent.The direction of intraday trend depends on whether the contract breaches 24,350 or 24,250 first.A breakout of 24,350 can lift Nifty futures to 24,500. Resistance above 24,500 is at 24,650. On the other hand, a breach of the support at 24,250 can lead to a decline to 24,150. Support below 24,150 is at 24,080.Trading strategySince the path of intraday trend is uncertain at the moment, we suggest staying out. Traders can initiate fresh positions along the direction of the break of the 24,250-24,350 range. Supports: 24,250 and 24,150Resistance: 24,350 and 24,500Published on August 24, 2026