Nifty Trade Setup for July 14, 2026

The Nifty 50 rebounded sharply after taking support at the 24,000 zone, closing flat with a positive bias on July 13. Despite posting positive closes over the last three sessions, the index continued to trade within the long red candle formed last Wednesday, i.e., in the 23,800-24,300 range. However, it reclaimed the 10-, 20-, and 100-day EMAs while sustaining above the 50-day EMA. The index needs to break out of the said range on either side to establish a firm direction going forward. Reclaiming and sustaining above the 24,300 level could increase the possibility of an upmove towards the 24,400-24,500 zone. However, a decisive fall below 23,800 could drag the index into a consolidation phase, according to experts.

Here are 15 data points we have collated to help you spot profitable trades:

1) Key Levels For The Nifty 50 (24,211)

Resistance based on pivot points: 24,256, 24,317, and 24,417

Support based on pivot points: 24,058, 23,997, and 23,897

Special Formation: The Nifty 50 formed a long green candle with minor upper and lower shadows on the daily charts after a gap-down opening, signalling buying interest at lower levels. The index climbed back above the 10-, 20-, and 100-day EMAs, as well as the 23.6 percent Fibonacci retracement level of the recent rally from the June low to the July high. The RSI rose to 55.89 and is on the verge of a bullish crossover. The MACD also remained above the signal line, with the green histogram bar expanding, indicate improving momentum.

2) Key Levels For The Bank Nifty (58,131)

Resistance based on pivot points: 58,226, 58,398, and 58,676

Support based on pivot points: 57,670, 57,498, and 57,220

Resistance based on Fibonacci retracement: 59,195, 61,717

Support based on Fibonacci retracement: 56,305, 56,441

Special Formation: The banking index also formed a green candle after a gap-down opening, reflecting buying interest at lower levels. The index climbed back above the 10-day EMA and sustained above all other key moving averages, with the short- and medium-term moving averages continuing to trend upward. Following the crossover, the 50-day EMA remained above the 100-day and 200-day EMAs, signalling strong underlying strength. The RSI climbed to 58.96, although it remained below the reference line. The red histogram bar shrank for the second consecutive session, though the MACD remained below the reference line. All this indicates improving bullish momentum in the Bank Nifty, with strong underlying strength and sustained buying interest, though a positive MACD crossover is still awaited for stronger confirmation.

3) Nifty Call Options Data

According to the weekly options data, the 24,500 strike holds the maximum Call open interest (with 1.72 crore contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 24,300 strike (93.25 lakh contracts) and 24,200 strike (84.46 lakh contracts).

Maximum Call writing was observed at the 24,500 strike, which saw an addition of 31.53 lakh contracts, followed by the 24,450 and 24,350 strikes, which added 20.18 lakh and 20.15 lakh contracts, respectively. The maximum Call unwinding was seen at the 24,200 strike, which shed 9.59 lakh contracts, followed by the 24,150 and 24,700 strikes which shed 6.34 lakh and 6.77 lakh contracts, respectively.

4) Nifty Put Options Data

On the Put side, the maximum Put open interest was seen at the 24,000 strike (with 1.88 crore contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 24,100 strike (1.29 crore contracts) and the 24,200 strike (1.18 crore contracts).

The maximum Put writing was placed at the 24,000 strike, which saw an addition of 83.43 lakh contracts, followed by the 24,050 and 24,100 strikes, which added 51.41 lakh and 49.15 lakh contracts, respectively. The maximum Put unwinding was seen at the 24,400 strike band which shed 3.47 lakh contracts, followed by the 24,600 and 24,500 strikes, which shed 66,430 and 50,180 contracts, respectively.

5) Bank Nifty Call Options Data

According to the monthly options data, the 59,000 strike holds the maximum Call open interest, with 20.66 lakh contracts. This can act as a key resistance level for the index in the short term. It was followed by the 58,000 strike (12.37 lakh contracts) and the 58,500 strike (7.6 lakh contracts).

Maximum Call writing was observed at the 59,000 strike (with the addition of 49,410 contracts), followed by the 58,200 strike (46,680 contracts) and 58,300 strike (33,720 contracts). The maximum Call unwinding was seen at the 58,000 strike, which shed 1.09 lakh contracts, followed by the 58,600 and 58,500 strikes, which shed 27,120 and 24,000 contracts, respectively.

6) Bank Nifty Put Options Data

On the Put side, the maximum Put open interest was seen at the 58,000 strike (with 13.04 lakh contracts), which can act as a key support level for the index in the short term. This was followed by the 59,000 strike (12.55 lakh contracts) and the 57,500 strike (5.1 lakh contracts).

The maximum Put writing was placed at the 58,200 strike (which added 57,420 contracts), followed by the 59,000 strike (24,390 contracts) and 58,400 strike (23,940 contracts). The maximum Put unwinding was seen at the 57,300 strike, which shed 12,450 contracts, followed by the 57,900 and 58,100 strikes, which shed 12,120 and 3,810 contracts, respectively.

7) Funds Flow (Rs crore)

8) Put-Call Ratio

The Nifty Put-Call ratio (PCR), which indicates the mood of the market, soared to 1.43 on July 13, from 1.25 compared to previous session.

The increasing PCR, or being higher than 0.7 or surpassing 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling in Calls is higher than selling in Puts, reflecting a bearish mood in the market.

9) India VIX

India VIX, the fear gauge, jumped 8.39 percent to 13.28 but remained in a comfortable zone, signalling no major risk for bulls. However, any sharp move above the 15 level could create discomfort for bulls.

10) Long Build-up (45 Stocks)

A long build-up was seen in 45 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.

11) Long Unwinding (37 Stocks)

37 stocks saw a decline in open interest (OI) along with a fall in price, indicating long unwinding.

12) Short Build-up (91 Stocks)

91 stocks saw an increase in OI along with a fall in price, indicating a build-up of short positions.

13) Short-Covering (39 Stocks)

39 stocks saw short-covering, meaning a decrease in OI, along with a price increase.

14) High Delivery Trades

Here are the stocks that saw a high share of delivery trades. A high share of delivery reflects investing (as opposed to trading) interest in a stock.

15) Stocks Under F&O Ban

Securities banned under the F&O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.

Stocks added to F&O ban: Nil

Stocks retained in F&O ban: Kaynes Technology India

Stocks removed from F&O ban: Nil