Market Wrap: Nifty Closes Week Higher, But Expert Flags Key Reversal Dates Ahead 

The Nifty50 closed the week with a 1% gain, marking its second consecutive weekly advance and suggesting a tentative market recovery. However, this positivity is tempered by significant headwinds from Foreign Institutional Investors (FIIs), who have been relentless sellers, offloading over ₹25,500 crore in August alone. The analysis successfully predicted the previous week’s reversal on August 21-22, validating its time-price methodology. For the upcoming week, traders are advised to watch for potential trend shifts on Tuesday, August 26, and Thursday, August 28, with the market closed on Wednesday.

Key support rests at the 24,850 level, while resistance is positioned near 24,978. The provided intraday time clusters offer strategic points for traders to anticipate short-term swings, emphasizing a cautious approach amidst ongoing FII selling pressure.

Market Wrap: Nifty Closes Week Higher, But Expert Flags Key Reversal Dates Ahead 

The Indian equity markets wrapped up the week on a positive note, with the Nifty50 index posting a gain of approximately 1% for the week ending August 22. This marks the benchmark’s second consecutive week in the green, suggesting a tentative recovery could be taking hold. 

However, beneath this surface optimism lies a significant headwind. Foreign Institutional Investors (FIIs) have continued their relentless selling spree. Data reveals that as of August 23, FIIs have offloaded equities worth a staggering ₹25,564 crore for the month alone. This selling pressure has contributed to a massive outflow of ₹1,57,440 crore so far in 2025, creating a stark contrast to the domestic-driven rally. 

Last Week’s Prediction: A Perfect Validation 

The previous week’s analysis by Harshubh Shah, Director at Wealthview Analytics, had pinpointed August 21 and 22 as critical dates for a potential trend reversal. The market played out this script with remarkable accuracy. The Nifty indeed formed a swing high on August 21, followed by a sharp corrective move on August 22. This successful call underscores the potential value of combining time and price analysis to anticipate market turns. 

The week also demonstrated the practical application of intraday time clusters—specific windows during the trading day where the probability of a short-term reversal is heightened. These clusters provided a strategic edge for traders: 

• August 18: The day’s high was formed around 9:45 AM, with the low hitting exactly at 12:20 PM. 

• August 19: The market found a bottom near 9:45 AM and a swing low at 1:45 PM. 

• August 21: A significant swing high was formed near 10:45 AM, followed by the absolute day high at 2:30 PM. 

This precision in timing offers active traders a framework for managing entries, exits, and risk. 

The Road Ahead: Key Levels and Critical Dates 

As we look to the week of August 25-29, the market is at a crossroads. The following key levels will be crucial for determining the Nifty’s next major move: 

• Immediate Support Zones: 24,850 > 24,806 > 24,670. A break below these could see the index test heavier support at 24,350 and even 24,140. 

• Immediate Resistance Zones: 24,978 > 25,083 > 25,145. A sustained break above this barrier is needed to aim for the 25,434-25,566 range. 

Beyond price, time is a critical factor. Traders should mark their calendars for two high-probability dates for a potential change in trend: 

• Tuesday, August 26 

• Thursday, August 28 

(Note: The market remains closed on Wednesday, August 27, for a trading holiday. This condensed week and extended settlement period necessitate extra caution for those carrying positions overnight.) 

Intraday Time Clusters for the Week (IST): 

• Mon, Aug 25: 9:20 AM, 12:25 PM, 1:35 PM, 2:40 PM 

• Tue, Aug 26: 10:20 AM, 11:30 AM, 1:30 PM 

• Thu, Aug 28: 9:50 AM, 11:25 AM, 1:25 PM, 2:30 PM 

• Fri, Aug 29: 11:25 AM, 1:40 PM 

The Trader’s Perspective: Reading Between the Lines 

For market participants, this setup presents a clear narrative. The consistent FII selling indicates deep-seated macroeconomic concerns, likely related to global interest rates or valuations. However, the market’s ability to still close higher suggests resilient domestic buying—from mutual funds and retail investors—is providing a strong floor. 

The key takeaway is to watch for a resolution of this tug-of-war. A decisive break above resistance, especially on a key date like August 28, could signal that bullish momentum is overpowering the FII outflow. Conversely, a break below support on high volume would confirm that the selling pressure is too great to ignore. 

For traders, the outlined time clusters are not magic buttons but tools for heightened awareness. They represent periods where price action should be watched more closely for confirming signals like candlestick patterns or a surge in volume, potentially offering high-probability setups for short-term moves.