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  1. Trade setup for Aug 22: Will NIFTY50 give weekly close above 25,000 on Friday? Check details

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Trade setup for Aug 22: Will NIFTY50 give weekly close above 25,000 on Friday? Check details

Upstox

2 min read | Updated on August 22, 2025, 08:00 IST

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SUMMARY

GIFT NIFTY futures indicate a 60-point gap down opening on Friday morning amid weak global cues. The US markets closed lower amid profit booking at higher levels. Options data indicates 25,500 as crucial resistance with the highest open interest for the coming monthly expiry on 28 Aug.

Stocks to watch

The GIFT NIFTY futures suggest that the NIFTY50 index will open 60 points lower.| Image: Shutterstock

NIFTY50

Max call OI:25,500

Max put OI:25,000

(Ten strikes to ATM, 28 Aug expiry)

NIFTY50 continued its winning streak for the sixth consecutive session on Thursday amid high volatility. The geopolitical cues continue to remain negative with tariff and sanctions threats over India’s purchase of Russian Oil. Meanwhile, stock-specific buying in key large-cap names kept the index in green on Thursday.

Nifty50_2025-08-22_07-57-57.png On the technical front, the NIFTY50 jumped over 100 points in Thursday’s trading session, but faced resistance at higher levels and closed with only a 33-point gain. The index continued to hold the gains above the 25,000 mark, indicating strength in the current rally.
nifty22aug.png On the options data front, the early open interest buildup for 28 Aug expiry indicates 25,500 as the crucial resistance with the highest open interest on the call side. Similarly, 25,000 puts hold the highest open interest on the downside, indicating near-term support for the index.

Stock Scanner

Long buildup: - Dr Reddy, Cipla

Short buildup: -

Top traded futures contracts: BSE, Reliance, Eternal

Top traded options contracts: TCS 3100 CE, SBIN 830 CE

F&O securities under ban: PGEL, RBL Bank

F&O securities out of the ban: Titagarh, PNB Housing

To access a specially curated smartlist of the most traded and active stocks, as well as the OI gainers and losers, simply log in: https://pro.upstox.com/ ➡️F&O➡️Options smartlist/Futures smartlist In Futures and Options or F&O, long build-up means an increase in Open Interest (OI) along with a price increase, and short build-up means an increase in Open Interest(OI) along with a price decrease. Source: Upstox and NSE.

Disclaimer: Derivatives trading must be done only by traders who fully understand the risks associated with them and strictly apply risk mechanisms like stop-losses. The information is only for consumption by the client, and such material should not be redistributed. We do not recommend any particular stock, securities or strategies for trading. The securities quoted are exemplary and are not recommended. The stock names mentioned in this article are purely for showing how to do analysis.

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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.