Nifty Media Prediction for Monday: Key Levels and Outlook for Monday 24 August 2026

The Nifty Media prediction for Monday follows the 21 August session where the index settled at 3,090 (-0.16%). The intraday range was 3,056 to 3,118 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 Media 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 Media 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 3,120 in the Nifty Media prediction for Monday would be the first bullish signal, while a break below 3,056 would signal caution.

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Today's Market Recap: Nifty Media on 21 August 2026

• Nifty Media: Closed at 3,090 (-0.16%) on 21 August 2026. Intraday range 3,056 to 3,118.
• 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 Media Prediction for Monday: Technical Analysis

Ankit Jaiswal's Nifty Media prediction for Monday identifies 3,056-3,070 as the immediate support. A hold above 3,056 keeps the Nifty Media prediction for Monday cautiously bearish to sideways. A break below could target 3,000 in the Nifty Media prediction for Monday.

On the upside, the Nifty Media prediction for Monday places resistance at 3,120. Kunal Singla notes that a close above 3,120 on 24 August would extend the Nifty Media prediction for Monday toward 3,180. RSI is consistent with the current cautiously bearish to sideways bias in the Nifty Media prediction for Monday.

Trend for 24 August 2026 (Monday): Sideways to Bearish
Support: 3,056-3,070 | 3,000
Resistance: 3,120 | 3,180

Global Cues for Nifty Media 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
ZOMATO	260	+1.20%	Support: 254 | Resistance: 266
ITC	476	-1.23%	Support: 468 | Resistance: 484
TITAN	4,080	-0.20%	Support: 4,050 | Resistance: 4,130

Explore Sector Stocks on Univest Screener

Strategy for Nifty Media on Monday 24 August 2026

• Buy Nifty Media dips toward 3,056-3,070 with stop below 3,000 for the Nifty Media prediction for Monday
• A break above 3,120 in the Nifty Media prediction for Monday targets 3,180; trail stop at 3,056
• Watch index heavyweights at key levels as leading indicators for the Nifty Media prediction for Monday
• Monitor VIX: a rise above 12 on 24 August calls for tighter stops in the Nifty Media prediction for Monday

What Does Market Sentiment Indicate for Nifty Media Prediction for Monday?

Sentiment for the Nifty Media prediction for Monday is cautiously bearish to sideways. Ankit Jaiswal notes that India VIX at 11.20 signals low volatility, supporting range-bound trading in the Nifty Media prediction for Monday. The Nifty Media 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 Media prediction for Monday. The 3,056-3,070 level is the key watch: a hold keeps the Nifty Media prediction for Monday constructive heading into 24 August 2026.

Risks to the Nifty Media Prediction for Monday

• A Nifty 50 break below 24,100 would likely drag the Nifty Media outlook for 24 August through its support
• Weak overnight global cues could create a gap-down that tests the Monday's Nifty Media forecast support
• Sector-specific news could create sharp moves beyond the Wednesday's Nifty Media outlook technical levels
• A VIX spike above 12 would increase volatility in the index's prediction for 24 August and require wider stop-losses

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Conclusion

the sector's 21 August outlook is cautiously bearish to sideways with the index at 3,090 (-0.16%) on 21 August 2026. Ankit Jaiswal's the Nifty Media's Wednesday prediction places support at 3,056-3,070 and resistance at 3,120. Kunal Singla notes that a break above 3,120 would confirm the Nifty Media outlook for 24 August as bullish.

Traders should use the defined levels in the Monday's Nifty Media forecast with stop-losses. Download the Univest app for live Nifty Media updates and expert research on the Wednesday's Nifty Media 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 index's prediction for 24 August?

Ans. the sector's 21 August outlook is cautiously bearish to sideways. The index closed at 3,090 (-0.16%) on 21 August 2026. Support is at 3,056-3,070 and resistance at 3,120. Ankit Jaiswal notes the Nifty Media's Wednesday prediction stays cautiously bearish to sideways above 3,056.

What are the Nifty Media support and resistance levels for Monday 24 August 2026?

Ans. the Nifty Media outlook for 24 August places immediate support at 3,056-3,070 and strong support at 3,000. Resistance is at 3,120 and 3,180. These define the Monday's Nifty Media forecast trading range.

Which stocks should traders watch for the Wednesday's Nifty Media outlook?

Ans. For the index's prediction for 24 August, 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 sector's 21 August outlook?

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 Nifty Media's Wednesday prediction.

What is the trading strategy for the Nifty Media outlook for 24 August?

Ans. For the Monday's Nifty Media forecast, Ankit Jaiswal recommends buying dips toward 3,056-3,070 with stop below 3,000. Kunal Singla advises chasing a break above 3,120 targeting 3,180. Monitor VIX and FII flows for confirmation.