return to news
  1. Trade setup for August 1: Will NIFTY50 bounce back in August? Here is what options data indicates

Market News

Trade setup for August 1: Will NIFTY50 bounce back in August? Here is what options data indicates

Upstox

2 min read | Updated on August 01, 2025, 07:12 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

GIFT NIFTY futures traded 40 points lower at 7:00 am on Friday, indicating a gap-down opening on Indian markets on Friday. Experts believe, 25,000 levels holds the key resistance zone for NIFTY50 according to technical charts

On the NIFTY50 index, 21 stocks advanced while 29 declined at the end of the session. | Image: Shutterstock

NIFTY50 closed the July series with over 2% loss, snapping the five-month rally.

NIFTY50

Max call OI:25,000

Max put OI:24,500

(Ten strikes to the ATM, 07 Aug Expiry)

The NIFTY50 closed the July series with over 2% loss, snapping the five-month rally. The index witnessed selling pressure from FII’s who sold over ₹17,000 crore worth of Indian equities in July. Despite the selling pressure, the index has shown resilience and traded near the 25,000 levels.

Open FREE Demat Account within minutes!
Join now
Nifty50_2025-08-01_06-52-25.png On the technical charts, the index faced resistance at the 50 EMA levels on the upside, indicating a fresh supply zone at the 24,900 levels. Experts believe the 24,500 levels hold the crucial support zone, and the upside remains capped at 25,000 levels.
01august.PNG On the options data front, the initial buildup for the coming weekly expiry shows 25,000 calls hold the highest open interest, and 24,500 puts hold the highest open interest on the downside.

Stock Scanner

Long buildup: Hindustan Unilever, Jio Finance

Short buildup: - Adani Enterprises, Tata Steel

Top traded futures contracts: HDFC Bank, Infosys

Top traded options contracts: Infy 1600 CE, SBIN 840 CE

F&O securities under ban:

F&O securities out of the ban:

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.

SIP
Consistency beats timing.
promotion image

About The Author

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

Next Story