Trade Setup for August 14: Top 15 things to know before the opening bell- Grow Mudra

Trade Setup for August 14: Top 15 things to know before the opening bell

14 Aug , 2026 By : Debdeep Gupta

The Nifty 50 remained under pressure for the third consecutive session, falling 0.16 percent on August 13. The index tested its 20-day EMA (24,360) but managed to defend the level for another session on a closing basis. With this, the index continued to stay above all key moving averages, although the momentum indicators weakened further, indicating some nervousness in the short term. A decisive and sustainable fall below 24,360 could take the index down towards the 24,300-24,200 levels, followed by 24,000 as a crucial support level. However, in the event of a rebound, the 24,500-24,600 zone continues to act as an immediate and crucial hurdle going ahead. Until then, consolidation and range-bound trading may continue, according to experts.

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

1) Key Levels For The Nifty 50 (24,396)

Resistance based on pivot points: 24,426, 24,454, and 24,500

Support based on pivot points: 24,334, 24,305, and 24,259

Special Formation: The Nifty 50 formed a small-bodied bearish candle with a noticeable lower wick on the daily charts, indicating buying interest at lower levels amid range-bound trading despite weakness. The index remained within the previous day’s range. It sustained above all key moving averages, indicating that the broader structure is still in favour of the bulls. However, the bearish crossover in the momentum indicators signalled further weakening in bullish momentum.

2) Key Levels For The Bank Nifty (57,635)

Resistance based on pivot points: 57,757, 57,816, and 57,911

Support based on pivot points: 57,565, 57,506, and 57,410

Resistance based on Fibonacci retracement: 59,247, 61,787

Support based on Fibonacci retracement: 57,305, 56,441

Special Formation: The Bank Nifty formed a bearish candle within the previous day’s long green candle on the daily timeframe, reflecting indecision. The index sustained above its 20-day EMA on a closing basis, while the RSI at 51.53 moved sideways and the MACD remained flat, indicating a lack of strong directional momentum and volatility.

3) Nifty Call Options Data

According to the weekly options data, the maximum Call open interest was seen at the 24,800 strike (with 1.07 crore contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 24,500 strike (1.04 crore contracts) and 24,600 strike (90.37 lakh contracts).

Maximum Call writing was observed at the 24,800 strike, which saw an addition of 52.13 lakh contracts, followed by the 24,600 and 24,700 strikes, which added 19.58 lakh and 16.91 lakh contracts, respectively. The maximum Call unwinding was seen at the 24,850 strike, which shed 78,455 contracts, followed by the 24,100 and 24,000 strikes, which shed 58,955 and 2,665 contracts, respectively.

4) Nifty Put Options Data

On the Put side, the 24,000 strike holds the maximum Put open interest (with 96.31 lakh contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 24,300 strike (77.9 lakh contracts) and the 24,400 strike (64.9 lakh contracts).

The maximum Put writing was placed at the 24,350 strike, which saw an addition of 21.76 lakh contracts, followed by the 24,300 and 24,000 strikes, which added 21.48 lakh and 19.38 lakh contracts, respectively. The maximum Put unwinding was seen at the 24,700 strike, which shed 66,300 contracts, followed by the 24,900 and 24,850 strikes, which shed 28,665 and 9,425 contracts, respectively.

5) Bank Nifty Call Options Data

According to the monthly options data, the maximum Call open interest was seen at the 58,000 strike, with 21.13 lakh contracts. This can act as a key level for the index in the short term. It was followed by the 58,500 strike (9.42 lakh contracts) and the 57,500 strike (6.16 lakh contracts).

Maximum Call writing was observed at the 58,500 strike (with the addition of 1.21 lakh contracts), followed by the 57,700 strike (71,490 contracts) and 57,600 strike (67,650 contracts). The maximum Call unwinding was seen at the 58,200 strike, which shed 81,090 contracts, followed by the 57,000 and 57,300 strikes, which shed 27,390 and 13,470 contracts, respectively.

6) Bank Nifty Put Options Data

On the Put side, the 58,000 strike holds the maximum Put open interest (with 13.8 lakh contracts), which can act as a key level for the index in the short term. This was followed by the 57,000 strike (9.89 lakh contracts) and the 57,500 strike (6.21 lakh contracts).

The maximum Put writing was placed at the 57,800 strike (which added 42,390 contracts), followed by the 57,600 strike (26,040 contracts) and 57,400 strike (19,470 contracts). The maximum Put unwinding was seen at the 58,000 strike, which shed 74,070 contracts, followed by the 57,000 and 57,500 strikes, which shed 20,310 and 11,730 contracts, respectively.

7) Funds Flow (Rs crore)

8) Put-Call Ratio

The Nifty Put-Call ratio (PCR), which indicates the mood of the market, remains flat at 0.92 on August 13, 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

The India VIX, the fear index, sustained below the 12 level as well as its short-term moving averages and declined 2.33 percent to 11.41, its lowest closing level since January 16, 2026, indicating subdued market volatility and reduced investor fear.

10) Long Build-up (57 Stocks)

A long build-up was seen in 57 stocks. An increase in open interest (OI) and price indicates a build-up of long positions.

11) Long Unwinding (30 Stocks)

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

12) Short Build-up (65 Stocks)

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

13) Short-Covering (59 Stocks)

59 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.