Nifty IT Prediction for Monday, 17 August 2026: TCS -0.80% (Day 2 IT stalled) Confirms Day 1 Recovery — HCL Tech +0.34% Adds Breadth as NASDAQ Bounce Plays Out Exactly as Predicted

The Nifty IT prediction for Monday for Monday 17 August 2026 is shaped by Thursday's twin macro developments: MCX Crude Oil crashing -1.88% to Rs 7,803 ; its sharpest single-day fall this week and lowest level since before Tuesday's Iran-deal-stall surge ; and TCS bouncing +1.08% to Rs 2,356, confirming IT sector recovery after Wednesday's -3.93% crash. Nifty 50 closed at 24,354.85 (-0.17%) in its fourth consecutive opening-high distribution session, while the Sensex defied the trend at 77,931.10 (-0.19%). Bank Nifty slipped -0.43% to 57,459.10 after ICICI Bank fell -1.74%, blocking the Day 6 banking rotation for a second consecutive day. The Nifty IT index is the primary reference for Friday's session.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, frame the Nifty IT prediction for Monday around crude oil's -1.88% Thursday fall as the dominant macro shift heading into Friday. At Rs 7,803 ; down from Rs 8,024 on Tuesday in just two sessions ; crude's 3% retreat provides substantial input cost relief to auto, FMCG, cement and chemicals sectors. Simultaneously, IT sector recovery (TCS -0.80% (Day 2 IT stalled), HCL Tech +0.34%) provides a second positive catalyst. Together, these two themes make the Nifty IT prediction for Monday the most opportunity-rich of the week, even as banking consolidates after Thursday's ICICI Bank +0.40% (finally recovered Friday).

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Thursday's Market Recap for the Nifty IT prediction for Monday

Indicator	Fri 17 Aug Close (Groww)	Change	Signal for Friday
Nifty 50	24,354.85	-0.16%	4th Open=High distribution; L:24,311; floor at 24,265 intact
Sensex	77,931.10	+0.15%	Only index green; TCS -0.80% (Day 2 IT stalled) drove this; L:77,399
Bank Nifty	57,459.10	-0.43%	Open=High session; ICICI +0.40% (finally recovered) primary drag; L:57,548
MCX Crude Oil	Rs 7,803/bbl	-1.88%	Largest single-day fall this week; below Rs 7,800; Iran deal signals
MCX Gold	Rs 1,52,220/10g	-0.37%	Mild pullback from Wed high; L:1,52,250; support intact
MCX Silver	Rs 2,36,198/kg	-0.80%	Correcting from Wed bounce; L:2,34,700
MCX Copper	Rs 1,373.55/kg	-0.29%	Mild dip; L:1,357.55; industrial demand intact
MCX Zinc	Rs 398.30/kg	-0.51%	L:390.45; supply deficit still alive
MCX Nat Gas	Rs 263.70/MMBTU	-0.60%	L:265.80; consolidating above Rs 265
TCS	Rs 2,356	+1.08%	IT Day 1 recovery; NASDAQ bounce confirmed; H:2,375
ICICI Bank	Rs 1,412.40	-1.74%	Day 6 rotation failed; Rs 1,435 held; new support Rs 1,395-1,410
SBI	Rs 1,083	+0.09%	PSU banking stable; H:1,086.80; floor at Rs 1,073
Reliance	Rs 1,317	-0.90%	Worst session this week; L:1,307.20; crude fall helps O2C Fri

Nifty IT prediction for Monday: Key Factors for Friday

• TCS bounced +1.08% to Rs 2,356 Thursday ; from an open of Rs 2,349.70 (exactly Wednesday's close) to a session high of Rs 2,356 (also the closing price). for Friday's session, TCS's Thursday session was textbook: NASDAQ above 22,000 condition was met, stock opened flat from Wednesday's distressed close and recovered +1.08% to session high. Opening-flat to closing-high is the mirror image of Wednesday's opening-high-to-close-below-open distribution ; buyers were in charge from first tick through last tick Thursday.
• HCL Technologies +0.34% to Rs 1,370 Thursday ; second consecutive positive session (flat Wednesday, +0.34% Thursday) while TCS was crashing Wednesday and recovering Thursday. HCL's relative strength across both sessions is Friday's most valuable breadth signal. Ankit Jaiswal: a stock that doesn't fall 3.93% on the sector's bad day and gains 0.34% on the recovery day shows institutional accumulation ; highest-quality IT position for Friday's session.
• Infosys at Rs 1,175 (-0.09%, near-flat Thursday) ; recovering from Wednesday's Rs 1,176.10 with Rs 1,157 Thursday intraday low ; confirms Infosys's -1.23% Wednesday correction was contained. for Friday's session, Infosys at Rs 1,157-1,175 range over two sessions is consolidating before the next leg: FY27 CC guidance of 4.5-6.5% (upgraded) remains the fundamental catalyst. Kunal Singla: Infosys above Rs 1,180 Friday = Nifty IT prediction for Monday breadth fully recovering.
• NASDAQ sustaining above 22,000 Thursday night is the Nifty IT prediction for Monday mandatory condition for Friday. If NASDAQ closes above 22,000, Friday's Nifty IT prediction for Monday targets TCS Rs 2,425-2,445, HCL Rs 1,402-1,420 and Infosys Rs 1,205-1,215. Below 21,800 = Day 2 IT recovery at risk; below 21,500 = IT correction resumes on Friday.

Technical Levels for the Nifty IT prediction for Monday

Level	Zone	Why It Matters
Primary Support	31,350-31,480	Confirmed buyer zone from Thursday's session; DII accumulation visible
Secondary Support	31,000-31,150	Deeper correction floor ; only matters if primary breaks on Friday
Immediate Resistance	31,780-31,900	First recovery target for Friday; partial booking zone
Extended Resistance	32,100-32,280	Breakout target if Friday session builds on Thursday momentum

Stocks Flagged for the Nifty IT prediction for Monday

Stock	Thu Close	Entry Zone	Target	Stop Loss	Analyst	Why Now
TCS	Rs 2,356 (+1.08% Thu)	Rs 2,358-2,378	Rs 2,425-2,445	Rs 2,295	Ankit Jaiswal	Day 1 IT recovery confirmed. Day 2 target Rs 2,425-2,445 toward pre-crash opening. Primary Nifty IT prediction for Monday ; NASDAQ above 22,000 mandatory.
HCL Technologies	Rs 1,370 (+0.34% Thu)	Rs 1,362-1,375	Rs 1,402-1,420	Rs 1,335	Kunal Singla	Two-session relative strength (flat Wednesday, +0.34% Thursday). Institutional accumulation pattern. Highest-quality Nifty IT prediction for Monday position.
Infosys	Rs 1,175 (-0.09% Thu)	Rs 1,162-1,178	Rs 1,205-1,215	Rs 1,148	Ankit Jaiswal	Near-flat consolidation after Wednesday -1.23%. FY27 CC guidance 4.5-6.5% fundamental positive. Nifty IT prediction for Monday third NASDAQ-conditional pick.

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Strategy for the Nifty IT prediction for Monday Session

1. TCS at Rs 2,358-2,378 is Ankit Jaiswal's primary Nifty IT prediction for Monday Friday entry ; Day 2 IT recovery conditional on NASDAQ above 22,000 pre-market. Target Rs 2,425-2,445 (toward Wednesday pre-crash opening of Rs 2,445.70).
2. HCL Tech at Rs 1,362-1,375 is Kunal Singla's Nifty IT prediction for Monday Friday entry ; highest-quality IT position given two-session relative strength. Target Rs 1,402-1,420, stop Rs 1,335.
3. Infosys at Rs 1,162-1,178 is the Nifty IT prediction for Monday third pick for risk-tolerant traders; NASDAQ above 22,000 same mandatory condition as TCS.
4. Rs 31,350-31,480 is the Nifty IT prediction for Monday buy-on-dip zone Friday. Above 31,500 at 9:30 AM = Day 2 IT recovery tracking on schedule; target 31,780-31,900 first resistance.

Key Risks to the Nifty IT prediction for Monday

• NASDAQ falling below 21,800 Thursday night, removing the Day 2 IT recovery condition and sending TCS back below Rs 2,335 on Friday.
• TCS failing to hold above Rs 2,350 at Friday open despite NASDAQ above 22,000 ; signals Wednesday's -3.93% crash was structural rather than a single-session overreaction on Friday.
• Infosys guidance revision or sector-level news event reversing the FY27 CC guidance positive underpinning the Nifty IT prediction for Monday fundamental case.

Conclusion

The Nifty IT prediction for Monday for Monday 17 August 2026 has crude oil's -1.88% Thursday fall to Rs 7,803 as its most important macro input. Ankit Jaiswal of Univest identifies primary support at 31,350-31,480 and immediate resistance at 31,780-31,900 for Friday's session, with the crude relief trade (auto, FMCG, cement) and IT recovery (TCS, HCL Tech) as Friday's two highest-conviction positive themes.

Kunal Singla of Univest adds that ICICI Bank's Thursday -1.74% creates a buy-on-dip entry at Rs 1,395-1,412 for banking sector exposure ; lower than Wednesday's entry, same Rs 1,432-1,442 target. Check GIFT Nifty above 24,420 and NASDAQ above 22,000 at 9 AM Friday as the two pre-market signals that confirm Friday's positive bias for Friday's session.

FAQs on Nifty It Prediction For Monday, 17 August 2026

What is the Nifty IT prediction for Monday, 17 August 2026?

Ans. Positive ; Friday's highest-conviction sector call. TCS -0.80% (Day 2 IT stalled) Day 1 recovery confirmed. HCL +0.34% (two-session relative strength). Infosys near-flat consolidation. NASDAQ above 22,000 mandatory condition for entry. Support 31,350-31,480, resistance 31,780-31,900.

Which analysts prepared the Nifty IT prediction for Monday?

Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, using Groww-confirmed Monday 17 August data: TCS Rs 2,356 (-0.80%), HCL Rs 1,360.80 (-0.67%), Infosys Rs 1,169.20 (-0.49%).

Why is TCS -0.80% (Day 2 IT stalled) significant for the Nifty IT prediction for Monday?

Ans. TCS bounced +1.08% confirming the NASDAQ-conditional prediction from Thursday's intraday article. The Day 2 recovery target for Friday's session is Rs 2,425-2,445 ; toward Wednesday's pre-crash opening of Rs 2,445.70. H=Close=Rs 2,356 Thursday (buyers held through end of session) confirms Day 2 recovery is Friday's primary call.

What is support and resistance for the Nifty IT prediction for Monday?

Ans. Support 31,350-31,480 and 31,000-31,150. Resistance 31,780-31,900 and 32,100-32,280.

Which stocks are watched in the Nifty IT prediction for Monday?

Ans. TCS (Day 2 recovery Rs 2,358-2,378 entry), HCL Technologies (two-session relative strength) and Infosys (consolidation catch-up) on Friday.