On a Thursday morning in late August 2025, Indian stock markets opened in a hopeful but guarded mood, with the Nifty 50 and Sensex edging higher after a run of gains. The caution traced back to distant diplomacy, since investors were watching the uncertain peace talks between Russia and Ukraine and the restless swings of global markets. Into this measured atmosphere, an analyst at Angel One offered a technical reading of the charts and suggested specific buys in Swiggy and Infosys, each framed with a set price for exit and a target. It is one voice in a long habit of traders reading patterns t
Angel One's Osho Krishan Backs Swiggy and Infosys as Nifty Opens Higher Amid Global Caution
Specific isn't the same as reliable.
Mark
The Nifty opened up only 0.15 percent. Why does this get a full write-up?
Mimi
Because of the streak. It's the fifth straight daily gain, and the index pushed through the 25,000 level that had been capping it for two sessions.
Mark
And what's the next test?
Mimi
The 25,150 to 25,200 zone, which lines up with the 61.8 percent retracement of the fall from near 25,700. Support sits at 24,930, then 24,850.
Luke
Worth saying plainly: those levels are one analyst's reading of a chart. They're not confirmed outcomes.
Mark
The picks are Swiggy and Infosys. How specific are they?
Mimi
Quite. Swiggy near ₹410 with a stop at ₹384 and a target of ₹450 to ₹460. Infosys at ₹1,480 to ₹1,490, stop ₹1,410, target ₹1,600 to ₹1,620.
Luke
Specific isn't the same as reliable. Targets are forecasts, and the piece offers no track record for them.
Mark
What about the global backdrop?
Mimi
Traders are watching the Russia-Ukraine peace talks and upcoming events, which is why the optimism is guarded.
Luke
The source doesn't say how much those talks actually moved prices today. It only says investors are watching them.
Il Polso
- The Nifty 50 opened up 0.15% at 25,089.65, extending a fifth straight daily gain while traders stayed cautious.
- Russia-Ukraine peace talks and global market swings keep a shadow of uncertainty over the rally.
- Angel One's Osho Krishan calls the index breakout above 25,000 a re-triggered upward momentum and urges buying on dips.
- Swiggy is pegged for a buy near ₹410 with a stop at ₹384 and targets of ₹450 to ₹460.
- Infosys, bruised but bouncing from oversold levels, is pitched at ₹1,480 to ₹1,490 with a stop at ₹1,410 and a target of ₹1,600 to ₹1,620.
- The market now hinges on whether it can clear the 25,150 to 25,200 resistance zone or falls back to 24,930 support.
On a Thursday morning in late August 2025, Indian stock markets opened in a hopeful but guarded mood, with the Nifty 50 and Sensex edging higher after a run of gains. The caution traced back to distant diplomacy, since investors were watching the uncertain peace talks between Russia and Ukraine and the restless swings of global markets. Into this measured atmosphere, an analyst at Angel One offered a technical reading of the charts and suggested specific buys in Swiggy and Infosys, each framed with a set price for exit and a target. It is one voice in a long habit of traders reading patterns to act under uncertainty, and whether those patterns hold will be settled only in the days ahead.
Indian equities opened higher on Thursday, 21 August 2025, with the Nifty 50 starting at 25,089.65, up 0.15 percent, and the Sensex climbing 0.28 percent. The mood was positive but careful, shaped by the peace negotiations between Russia and Ukraine and by swings in global markets that kept traders wary even as early gains held.
Osho Krishan, senior technical and derivatives analyst at Angel One, read the chart as constructive. The Nifty had posted its fifth straight gain and climbed above the 50 percent retracement of its recent fall from near 25,700. Clearing the stubborn 25,000 level, he argued, had revived upward momentum, and he expects the run to carry into the weekly expiry. The next hurdle is the 25,150 to 25,200 zone, and a decisive move through it would reopen the path toward the high. Below, he sees 24,930 as immediate support and 24,850 as firmer ground.
Information technology stocks had bounced sharply from key support, and Krishan thinks the sector could catch up with the broader indices.
He made two individual picks. Swiggy, in a steady uptrend with higher highs and higher lows, has moved above its key moving averages; he suggests buying near ₹410, with a stop at ₹384 and targets of ₹450 to ₹460. Infosys, which had fallen sharply, is showing signs of recovery from oversold territory, with a positive RSI crossover and buying near its 20-day moving average. He recommends buying at ₹1,480 to ₹1,490, with a stop at ₹1,410 and a target of ₹1,600 to ₹1,620.
These are one analyst's technical views, not guarantees. The market's next moves will turn on whether it breaks above 25,150 to 25,200 or slips toward 24,930, all under the shadow of the Russia-Ukraine talks.
Indian equities opened higher on Thursday, 21 August 2025, with the Nifty 50 starting the session at 25,089.65, up 37.90 points or 0.15 percent. The BSE Sensex began at 82,082.98, a gain of 225.14 points or 0.28 percent. The early mood was positive but careful.
The caution had an outside source. Traders were following the peace negotiations between Russia and Ukraine, along with other upcoming international and domestic events. Swings in global markets added to the wariness, even as the early gains held steady.
Osho Krishan, senior analyst for technical and derivatives at Angel One, read the chart as constructive. On the daily chart, the Nifty 50 had notched its fifth straight gain and moved above the 50 percent retracement of its recent fall from highs near 25,700. The previous two sessions had a positive undertone, but the index kept running into resistance around 25,000. Clearing that level, in his view, re-triggered the upward momentum.
He expects the run to continue into the weekly expiry and advises traders to buy on dips. The next hurdle is the 25,150 to 25,200 zone, which matches the 61.8 percent retracement of the recent fall. A move through it would technically open the way to a retest of the high near 25,700. On the downside, he named 24,930 as immediate support, followed by this week's low of 24,850, which he called a strong support level for the expiry.
By sector, he noted that information technology stocks had bounced sharply from key support. Given the chart structure, he thinks the group could keep performing well and catch up with the broader indices.
For individual picks, Krishan recommended two stocks. The first is Swiggy, which he describes as in a steady uptrend, forming higher highs and higher lows on the daily chart. The stock has recently moved above all its key exponential moving averages, and several technical indicators have turned positive. His call is to buy near ₹410 with a stop loss at ₹384, aiming for ₹450 to ₹460.
The second is Infosys, which fell notably and has started to regain momentum. It recently retested its 20-day exponential moving average from a lower range, and buying has appeared from an oversold position. The 14-day RSI has also made a positive crossover. Krishan sees the risk-reward as favorable for the short term and recommends buying around ₹1,480 to ₹1,490, with a stop loss at ₹1,410 and a target of ₹1,600 to ₹1,620.
These are one analyst's technical calls, not forecasts the market is bound to follow. The levels to watch are the 25,150 to 25,200 resistance zone on the upside and 24,930 on the downside, with the Russia-Ukraine talks still a source of caution.
Citazioni salienti
Dips should be bought; the 25,150-25,200 zone is the next key hurdle, with support at 24,930 and 24,850.— Osho Krishan, Angel One (paraphrased)
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