Nifty Financial Services Ex Bank Prediction for Monday: Key Levels and Outlook for Monday 24 August 2026
- August 21, 2026
- Posted by: Kunal Singla
- Category: Predictions
Nifty Financial Services Ex Bank at 20,700 (+0.22%) on 21 Aug 2026. High: 20,560. Low: 20,424. Support: 20,424-20,452. Resistance: 20,560.
Quick Answer
The Nifty Financial Services Ex Bank prediction for Monday is sideways to mildly bullish. The index closed at 20,700 (+0.22%) on 21 August 2026. Ankit Jaiswal notes critical support at 20,424-20,452 and resistance at 20,560 for the Nifty Financial Services Ex Bank prediction for Monday. Kunal Singla observes that a sustained hold above 20,424 is essential for the Nifty Financial Services Ex Bank prediction for Monday to remain constructive.
The Nifty Financial Services Ex Bank prediction for Monday follows the 21 August session where the index settled at 20,700 (+0.22%). The intraday range was 20,424 to 20,560 on a day when Nifty 50 fell +0.08% to 24,252.00 and VIX settled at 11.20. Ankit Jaiswal, Research Analyst at Univest, notes that the Nifty Financial Services Ex Bank prediction for Monday is shaped by today’s price action and global cues for Monday 24 August 2026.
Kunal Singla, Research Analyst at Univest, observes that the Nifty Financial Services Ex Bank prediction for Monday will be directed by overnight Gift Nifty futures and FII flow data. India VIX settling at 11.20 (+4.09%) signals measured selling. A move above 20,560 in the Nifty Financial Services Ex Bank prediction for Monday would be the first bullish signal, while a break below 20,424 would signal caution.
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Today’s Market Recap: Nifty Financial Services Ex Bank on 21 August 2026
- Nifty Financial Services Ex Bank: Closed at 20,700 (+0.22%) on 21 August 2026. Intraday range 20,424 to 20,560.
- Broader Context: Nifty fell +0.08%, Sensex +0.00%. Axis Bank (+1.44%) was the day’s standout large-cap performer.
- Institutional Flows: FII net buyers Rs 508 Cr on 14 Aug. Today’s 21 Aug provisional data is a key overnight update.
Nifty Financial Services Ex Bank Prediction for Monday: Technical Analysis
Ankit Jaiswal’s Nifty Financial Services Ex Bank prediction for Monday identifies 20,424-20,452 as the immediate support. A hold above 20,424 keeps the Nifty Financial Services Ex Bank prediction for Monday sideways to mildly bullish. A break below could target 20,220 in the Nifty Financial Services Ex Bank prediction for Monday.
On the upside, the Nifty Financial Services Ex Bank prediction for Monday places resistance at 20,560. Kunal Singla notes that a close above 20,560 on 24 August would extend the Nifty Financial Services Ex Bank prediction for Monday toward 20,760. RSI is consistent with the current sideways to mildly bullish bias in the Nifty Financial Services Ex Bank prediction for Monday.
Trend for 24 August 2026 (Monday): Sideways
Support: 20,424-20,452 | 20,220
Resistance: 20,560 | 20,760
Global Cues for Nifty Financial Services Ex Bank Prediction for Monday
- US Markets (14 Aug close): Dow Jones at 53,732 (-0.20%), S&P 500 at 7,785 (-0.20%), Nasdaq at 26,729 (-0.30%). Weak retail sales data (-0.6% in July) and subdued University of Michigan consumer sentiment (51, below forecast 55) signal caution.
- Asian Markets: Japan’s Nikkei 225 gained 2.1% to 66,970 on Monday, providing a partially positive cue for Asian risk assets.
- Institutional Flows (14 Aug): FII were net buyers of Rs 508 Cr and DII were net buyers of Rs 356 Cr in the cash segment, reflecting continued institutional support for Indian equities.
Key Events for 24 August 2026 (Monday)
- Indian markets closed Saturday 22 and Sunday 23 August — Monday 24 August opening gap set entirely by weekend global cues
- Gift Nifty futures Monday morning is the primary pre-open directional indicator for all Nifty 50 and Bank Nifty predictions for Monday
- FII provisional data for Friday 21 August (released Monday) confirms weekly institutional direction
- VIX closed at 11.20 (+4.09%) on Friday — slight uptick from Thursday but still below 12; Watch Monday VIX opening for direction
Stocks to Watch Tomorrow
| Name | CMP (Rs) | Day Change | Key Level for Monday |
|---|---|---|---|
| BAJFINANCE | 8,480 | -0.20% | Support: 8,358 | Resistance: 8,610 |
| SBILIFE | 1,780 | -0.56% | Support: 1,755 | Resistance: 1,800 |
| HDFCLIFE | 718 | -0.10% | Support: 708 | Resistance: 730 |
| MUTHOOTFIN | 2,095 | -0.30% | Support: 2,055 | Resistance: 2,140 |
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Strategy for Nifty Financial Services Ex Bank on Monday 24 August 2026
- Buy Nifty Financial Services Ex Bank dips toward 20,424-20,452 with stop below 20,220 for the Nifty Financial Services Ex Bank prediction for Monday
- A break above 20,560 in the Nifty Financial Services Ex Bank prediction for Monday targets 20,760; trail stop at 20,424
- Watch index heavyweights at key levels as leading indicators for the Nifty Financial Services Ex Bank prediction for Monday
- Monitor VIX: a rise above 12 on 24 August calls for tighter stops in the Nifty Financial Services Ex Bank prediction for Monday
What Does Market Sentiment Indicate for Nifty Financial Services Ex Bank Prediction for Monday?
Sentiment for the Nifty Financial Services Ex Bank prediction for Monday is sideways to mildly bullish. Ankit Jaiswal notes that India VIX at 11.20 signals low volatility, supporting range-bound trading in the Nifty Financial Services Ex Bank prediction for Monday. The Nifty Financial Services Ex Bank prediction for Monday will be guided by whether Nifty 50 holds the 24,100 to 24,150 support zone on 24 August.
Kunal Singla observes that FII buying (Rs 508 Cr on 14 Aug) provides a structural support floor. Today’s provisional 21 Aug FII data, if positive, will further underpin the Nifty Financial Services Ex Bank prediction for Monday. The 20,424-20,452 level is the key watch: a hold keeps the Nifty Financial Services Ex Bank prediction for Monday constructive heading into 24 August 2026.
Risks to the Nifty Financial Services Ex Bank Prediction for Monday
- A Nifty 50 break below 24,100 would likely drag the Nifty Financial Services Ex Bank prediction for Monday through its support
- Weak overnight global cues could create a gap-down that tests the Nifty Financial Services Ex Bank prediction for Monday support
- Sector-specific news could create sharp moves beyond the Nifty Financial Services Ex Bank prediction for Monday technical levels
- A VIX spike above 12 would increase volatility in the Nifty Financial Services Ex Bank prediction for Monday and require wider stop-losses
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Conclusion
the Nifty Financial Services Ex Bank outlook for 24 August is sideways to mildly bullish with the index at 20,700 (+0.22%) on 21 August 2026. Ankit Jaiswal’s Monday’s Nifty Financial Services Ex Bank forecast places support at 20,424-20,452 and resistance at 20,560. Kunal Singla notes that a break above 20,560 would confirm the Wednesday’s Nifty Financial Services Ex Bank outlook as bullish.
Traders should use the defined levels in the index’s prediction for 24 August with stop-losses. Download the Univest app for live Nifty Financial Services Ex Bank updates and expert research on the sector’s 21 August outlook.
Disclaimer: Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Univest Research Analyst Registration No. INH000013776.
Frequently Asked Questions
What is the Nifty Financial Services Ex Bank’s Wednesday prediction?
Ans. the Nifty Financial Services Ex Bank outlook for 24 August is sideways to mildly bullish. The index closed at 20,700 (+0.22%) on 21 August 2026. Support is at 20,424-20,452 and resistance at 20,560. Ankit Jaiswal notes the Monday’s Nifty Financial Services Ex Bank forecast stays sideways to mildly bullish above 20,424.
What are the Nifty Financial Services Ex Bank support and resistance levels for Monday 24 August 2026?
Ans. The Wednesday’s Nifty Financial Services Ex Bank outlook places immediate support at 20,424-20,452 and strong support at 20,220. Resistance is at 20,560 and 20,760. These define the index’s prediction for 24 August trading range.
Which stocks should traders watch for the sector’s 21 August outlook?
Ans. For the Nifty Financial Services Ex Bank’s Wednesday prediction, monitor the top index constituents by weightage at their key support and resistance levels as leading indicators for Monday 24 August 2026.
How do global cues affect the Nifty Financial Services Ex Bank outlook for 24 August?
Ans. US markets fell 0.20% on 14 Aug and Nifty fell +0.08% on 21 Aug. FII buying of Rs 508 Cr provides support, while weak global macro adds mild headwinds for the Monday’s Nifty Financial Services Ex Bank forecast.
What is the trading strategy for the Wednesday’s Nifty Financial Services Ex Bank outlook?
Ans. For the index’s prediction for 24 August, Ankit Jaiswal recommends buying dips toward 20,424-20,452 with stop below 20,220. Kunal Singla advises chasing a break above 20,560 targeting 20,760. Monitor VIX and FII flows for confirmation.
