Nifty IT Prediction for Tomorrow: Key Levels and Outlook for 21 August 2026
- August 20, 2026
- Posted by: Kunal Singla
- Category: Predictions
Nifty IT at 30,673.05 (+0.79%) on 20 Aug 2026. High: 30,942.90. Low: 30,637.80. Support: 30,200 to 30,213. Resistance: 30,615.
Quick Answer
The Nifty IT prediction for tomorrow is sideways to mildly bullish. The index closed at 30,673.05 (+0.79%) on 20 August 2026. Ankit Jaiswal notes critical support at 30,200 to 30,213 and resistance at 30,615 for the Nifty IT prediction for tomorrow. Kunal Singla observes that a sustained hold above 30,200 is essential for the Nifty IT prediction for tomorrow to remain constructive. Nifty IT rose 0.79% for its second consecutive sharp decline, making it the worst sectoral performer on 20 August.
The Nifty IT prediction for tomorrow follows the 20 August session where the index settled at 30,673.05 (+0.79%). The intraday range was 30,637.80 to 30,942.90 on a day when Nifty 50 rose 0.64% to 24,231.85 and VIX settled at 10.82. Ankit Jaiswal, Research Analyst at Univest, notes that the Nifty IT prediction for tomorrow is shaped by today’s price action and global cues for 21 August 2026.
Kunal Singla, Research Analyst at Univest, observes that the Nifty IT prediction for tomorrow will be directed by overnight Gift Nifty futures and FII flow data. India VIX settling at 10.82 (-4.42%) signals measured selling. A move above 30,615 in the Nifty IT prediction for tomorrow would be the first bullish signal, while a break below 30,200 would signal caution.
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Today’s Market Recap: Nifty IT on 20 August 2026
- Nifty IT: Closed at 30,673.05 (+0.79%) on 20 August 2026. Intraday range 30,637.80 to 30,942.90.
- Broader Context: Nifty rose 0.64%, Sensex +0.82%. 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 18 Aug provisional data is a key overnight update.
Nifty IT Prediction for Tomorrow: Technical Analysis
Ankit Jaiswal’s Nifty IT prediction for tomorrow identifies 30,200 to 30,213 as the immediate support. A hold above 30,200 keeps the Nifty IT prediction for tomorrow sideways to mildly bullish. A break below could target 30,000 in the Nifty IT prediction for tomorrow.
On the upside, the Nifty IT prediction for tomorrow places resistance at 30,615. Kunal Singla notes that a close above 30,615 on 20 August would extend the Nifty IT prediction for tomorrow toward 30,800. RSI is consistent with the current sideways to mildly bullish bias in the Nifty IT prediction for tomorrow.
Trend for 21 August 2026: Sideways to Bearish
Support: 30,200 to 30,213 | 30,000
Resistance: 30,615 | 30,800
Global Cues for Nifty IT Prediction for Tomorrow
- US Markets (latest available 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 (latest available, 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 21 August 2026
- Friday (21 August) post-expiry session: first clear-trend day after Thursday Sensex expiry, VIX at 10.82 supports buy-on-dips
- ALL sector indices closed positive on 20 August (except PSU Bank flat) unprecedented breadth supporting the bullish 21 August prediction
- FII 20 August provisional data (post-market today) confirms institutional direction for 21 August
- VIX crashed -4.42% to 10.82 lowest since this corrective cycle began; signals sustained institutional confidence
Stocks to Watch Tomorrow
| Name | CMP (Rs) | Day Change | Key Level for Tomorrow |
|---|---|---|---|
| TCS | 2,298.00 | +0.39% | Support: 2,280 | Resistance: 2,307 |
| Infosys | 1,130.00 | +0.91% | Support: 1,105 | Resistance: 1,132 |
| Wipro | 615 | -1.00% | Support: 608 | Resistance: 628 |
| HCL Technologies | 1,778 | -0.80% | Support: 1,762 | Resistance: 1,810 |
| Tech Mahindra | 1,540 | -0.50% | Support: 1,525 | Resistance: 1,568 |
Explore Sector Stocks on Univest Screener
Strategy for Nifty IT on 20 Aug 2026
- Buy Nifty IT dips toward 30,200 to 30,213 with stop below 30,000 for the Nifty IT prediction for tomorrow
- A break above 30,615 in the Nifty IT prediction for tomorrow targets 30,800; trail stop at 30,200
- Watch index heavyweights at key levels as leading indicators for the Nifty IT prediction for tomorrow
- Monitor VIX: a rise above 12 on 20 August calls for tighter stops in the Nifty IT prediction for tomorrow
What Does Market Sentiment Indicate for Nifty IT Prediction for Tomorrow?
Sentiment for the Nifty IT prediction for tomorrow is sideways to mildly bullish. Ankit Jaiswal notes that India VIX at 10.82 signals low volatility, supporting range-bound trading in the Nifty IT prediction for tomorrow. The Nifty IT prediction for tomorrow will be guided by whether Nifty 50 holds the 24,100 to 24,150 support zone on 20 August.
Kunal Singla observes that FII buying (Rs 508 Cr on 14 Aug) provides a structural support floor. Today’s provisional 18 Aug FII data, if positive, will further underpin the Nifty IT outlook for 21 August. The 30,200 to 30,213 level is the key watch: a hold keeps tomorrow’s Nifty IT forecast constructive heading into 21 August 2026.
Risks to Friday’s Nifty IT outlook
- A Nifty 50 break below 24,100 would likely drag the index’s prediction for 21 August through its support
- Weak overnight global cues could create a gap-down that tests the sector’s 21 August outlook support
- Sector-specific news could create sharp moves beyond the Nifty IT’s Wednesday prediction technical levels
- A VIX spike above 12 would increase volatility in the Nifty IT outlook for 21 August and require wider stop-losses
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Conclusion
Tomorrow’s Nifty IT forecast is sideways to mildly bullish with the index at 30,673.05 (+0.79%) on 20 August 2026. Ankit Jaiswal’s Friday’s Nifty IT outlook places support at 30,200 to 30,213 and resistance at 30,615. Kunal Singla notes that a break above 30,615 would confirm the index’s prediction for 21 August as bullish.
Traders should use the defined levels in the sector’s 21 August outlook with stop-losses. Download the Univest app for live Nifty IT updates and expert research on the Nifty IT’s Wednesday prediction.
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 IT outlook for 21 August?
Ans. Tomorrow’s Nifty IT forecast is sideways to mildly bullish. The index closed at 30,673.05 (+0.79%) on 20 August 2026. Support is at 30,200 to 30,213 and resistance at 30,615. Ankit Jaiswal notes Friday’s Nifty IT outlook stays sideways to mildly bullish above 30,200.
What are the Nifty IT support and resistance levels for 21 August 2026?
Ans. The index’s prediction for 21 August places immediate support at 30,200 to 30,213 and strong support at 30,000. Resistance is at 30,615 and 30,800. These define the sector’s 21 August outlook trading range.
Which stocks should traders watch for the Nifty IT’s Wednesday prediction?
Ans. For the Nifty IT outlook for 21 August, monitor the top index constituents by weightage at their key support and resistance levels as leading indicators for 21 August 2026.
How do global cues affect tomorrow’s Nifty IT forecast?
Ans. US markets fell 0.20% on 14 Aug and Nifty rose 0.64% on 18 Aug. FII buying of Rs 508 Cr provides support, while weak global macro adds mild headwinds for Friday’s Nifty IT outlook.
What is the trading strategy for the index’s prediction for 21 August?
Ans. For the sector’s 21 August outlook, Ankit Jaiswal recommends buying dips toward 30,200 to 30,213 with stop below 30,000. Kunal Singla advises chasing a break above 30,615 targeting 30,800. Monitor VIX and FII flows for confirmation.