NIFTY ANALYSIS | 18 AUGUST 2026 | TUESDAYNifty 50 IndexNSE:NIFTYTrendsAndTrades_arvindverma021# 📊 NIFTY ANALYSIS | 18 AUGUST 2026 | TUESDAY **Previous Close:** 24,287.65 **Previous High:** 24,360.10 **Previous Low:** 24,226.95 **POC:** 24,349.45 **Bias:** 🔴 **Bearish below 24,349.45** NIFTY remains below the session POC after a sharp rejection from the **24,350 area**. The immediate structure favours sellers, but substantial Put OI around **24,300 and 24,250** can produce a rebound before the next directional move. --- ## 1. MARKET STRUCTURE * **Below 24,349.45:** bearish control * **24,300-24,349.45:** recovery/value zone * **Below 24,226.95:** bearish continuation * **Above 24,360.10:** short-term structure improves The most important battle for Tuesday is **24,300-24,350**. --- ## 2. VOLUME PROFILE **POC:** 24,349.45 **Acceptance:** 24,300-24,400 **HVN:** around 24,300-24,400 **LVN:** below 24,300 Price closed approximately **62 points below POC**, indicating rejection from the value area. **Institutional interpretation:** Unless NIFTY reclaims 24,349.45 and sustains above it, rallies toward the POC can remain vulnerable to selling. --- ## 3. OPTION CHAIN | Strike | Signal | | ------------: | --------------------------------- | | **24,500 CE** | Largest Call OI, major resistance | | **24,400 CE** | Heavy Call OI | | **24,350 CE** | Significant fresh Call addition | | **24,300 PE** | Largest Put OI, key support | | **24,250 PE** | Strong fresh Put addition | | **24,200 PE** | Strong downside support | **PCR:** ~**1.05** The important observation is the simultaneous concentration of OI around **24,300-24,350**. That makes this the primary battlefield rather than a clean directional zone. --- ## 4. FVG / IFVG ### 🔴 Bearish FVG **24,308.53 - 24,323.24** This imbalance remains above the current price and acts as an overhead supply/retest zone. **Institutional implication:** A recovery into this zone without sustained acceptance can attract fresh selling. ### 🔄 Bearish IFVG / Flip Zone **24,323.24 - 24,349.45** The zone overlaps with the **POC**, making **24,323-24,349** the critical decision area. A sustained reclaim would weaken the bearish thesis. Failure here keeps sellers in control. --- ## 5. CONFLUENCE TABLE | Level | Confluence | Strength | | ------------: | ------------------------------ | :------: | | **24,500** | Highest Call OI | ⭐⭐⭐⭐⭐ | | **24,400** | Heavy Call OI | ⭐⭐⭐⭐⭐ | | **24,349.45** | POC + Call OI | ⭐⭐⭐⭐⭐ | | **24,323.24** | FVG boundary | ⭐⭐⭐⭐⭐ | | **24,308.53** | Bearish FVG | ⭐⭐⭐⭐ | | **24,300** | Highest Put OI + Call addition | ⭐⭐⭐⭐⭐ | | **24,250** | Strong Put addition | ⭐⭐⭐⭐⭐ | | **24,226.95** | Previous Low | ⭐⭐⭐⭐⭐ | | **24,200** | Strong Put OI | ⭐⭐⭐⭐ | --- # 🔴 HIGH-PROBABILITY PE SETUP ### Sell Below **24,226.95** **Confirmation:** 15M candle closes below 24,226.95 with volume expansion. **SL:** 24,287.65 **Targets:** **24,200 → 24,100 → 24,000** **Probability:** ~68% **Institutional reasoning:** A break of the previous low would remove the immediate structural support and expose the lower established support levels. --- # 🟢 CE SETUP ### Buy Above **24,360.10** **Confirmation:** 15M acceptance above previous high with price holding above **24,349.45 POC**. **SL:** 24,308.53 **Targets:** **24,400 → 24,500** **Probability:** ~61% **Institutional reasoning:** Reclaiming the previous high and POC would invalidate the immediate bearish structure and allow price to rotate back toward the higher Call resistance zones. --- ## 6. MULTI-TIMEFRAME VIEW | TF | Structure | Bias | | --------- | ------------------- | ------------------ | | **Daily** | Corrective | 🔴 Bearish | | **4H** | Lower-high pressure | 🔴 Bearish | | **1H** | Range below value | 🟡 Neutral-Bearish | | **15M** | Below POC | 🔴 Bearish | | **5M** | Recovery attempts | 🟡 Neutral | --- # 🎯 TUESDAY SCENARIOS ### 🔴 Bearish | Primary **Below 24,226.95** 24,200 → 24,100 → 24,000 ### 🟡 Range | Alternative **24,226.95 - 24,360.10** Expect rotation around **24,300-24,350**. ### 🟢 Bullish | Invalidation of Bearish Bias **Above 24,360.10** 24,400 → 24,500 --- ## 🔑 KEY LEVELS **Resistance:** 24,308.53 → 24,323.24 → 24,349.45 → 24,360.10 → 24,400 → 24,500 **Support:** 24,300 → 24,250 → **24,226.95** → 24,200 → 24,100 → 24,000 ### 🏦 FINAL VIEW **NIFTY: BEARISH BELOW 24,349.45** The strongest confluence is concentrated around **24,300-24,350**, where POC, FVG structure and significant option positioning overlap. **Above 24,360.10:** bearish structure weakens. **24,226.95-24,360.10:** rotational zone. **Below 24,226.95:** downside opens toward 24,200 and 24,100. **Trade the confirmation, not the prediction.** #NIFTY50 #NIFTY #PriceAction #SMC #ICT #VolumeProfile #FVG #IFVG #OptionChain #OpenInterest #TechnicalAnalysis #IndianStockMarket