Nifty Short, Medium and Long term,Stocks to watch-2nd to 16Aug26Nifty 50 IndexNSE:NIFTYkarthikssNifty 24548 ( 24309 in Ist week Jul) After 5 months of Middle East War ,ceasefire, inbetween strikes and negotiations , market hovering around nifty 23000 to 24500. Signing of deal(MOU) completed. Crude oil price ireduced to 83$ after touching 102 $ in end of jul 2026, however as expected hormuz is still an issue, iran blockage continues and added to that partial red sea blockage by yemen houthis is a concern. Tension still previals. Crude oil export from middle east countries have not even touched 30-50% of the pre February condition. These already created economic paralysis for many countries including middle east countries. Q1 results awaited starting from next week. Hence to be cautious, Selling of stocks recommended for the last 2 months. which would have created profits and flexibility of cash in hand. Time to value pick the stocks. Short Term: Nifty crossed crucial a Ist resistance at 24500 today on 3-Aug-26 . Short Term Resistance Ist Resistnace at 24800 ( Trend Line & Fib support) should cross decisively this level. ,IInd Resistance at 25000 IIIrd Resistance at 25500). Nifty Short Term Supports : 23800- ( trend line support & Fib Support ) Stocks to Watch as on 3-Aug-26 : Hindustan zinc, Dixon , Nalco, Garden reach, Zydus Life sciene, Paradeep phosphate , Bajaj Auto, Aptus value housing, Cholamandalam Inv Finance, Mah Finance ( on dip) Waarree Energies ( US Litigiation but still to watchout) , Refex industries, ICICI Bank, Karnataka Bank & AU Small Fin Bank, APL apollo tubes,CPCL, Bank of Maharashtra , lUPIN, Navin Flourine , Apar ,NMDC New Stocks recommenced on 28-Jun-26 continues ( Bajaj Auto , Fujiyama power, DCB bank on dip, suryodyay small fin, somany ceramics, kalpataru projects, GNFC, premier energies ) Nifty bank is at 57761 ( 58753 Ist week Jul) Nifty IT reduced to 30982 ( Ist week Jul 27660 ). Increased by 15% Nifty Pharma inceased to 26449 ( ist week of Jul 25654) Nifty Midcap 150, midcap select also increased Slightly and & nifty small cap 250 is flat. Nifty Mid cap is below 3 years historical PE and Nifty Small cap is well ahead of historical PE. Medium Term: The support and Resistances posted on 15-Mar-26 is still intact. It was a buying opportunity at 22200 for Long Term as mentioned in the report. Also buy on dip strategy betweem 22000-23000. Nifty Supported effective at 22340/22000 Mid Term Support Currently near at 23925 (short term resistance 24000) above 24000 decisively, the Mid term resistance at 24750-25800/ 25000-25500 ( having Multiple Resistance). MACD - MACD signal crossed the MACD, RSI at 65 and stochastic above 90 is a good sign. gold is flat at 4070 Usd / Ounce ( from 5100 usd /ounce 2 month before) and almost flat for last 1 month. Bitcoin dropped steeply from 75000 to below 59000 in last 2 month. currently at 62000 level. US index and stocks have fallen due to profit booking. US inr eased to 95 Rs / usd from 96.5 Rs / usd end of Jul 2026. 15-Mar-2026 Report buy on dips and it still continues, partial profit booking and value picking: Assuming all time high of 26380 is target from current 23151 (11-12%) If it drops to 22500, from there it will be (17% up) which can be achieved in 12-15 months, once war issue is resolved. Hence accumulate slowly whenever dips as per support level. Med Term support 22340 ( Fib Support) 22000 Med Term Resistance (Trend Line as shown) 25500 initially. then to 26000 26372 All time High) Long Term Resistance shall cross all time high 26372 decisively. next target are 27000 28000 Long Term Support 21750 (Fib Support) 21450 21000 Worst Case 20000/19900. Further worst case 18300/18000