By Vineet Kumar 
Trade Setup for Tue, August 19
Scenario #1: Bullish Continuation
If Nifty stays above 24,850–24,900 and builds momentum, a push toward 25,000 and 25,250 is on the table.
Strategy: Enter long futures or buy calls near 24,850–24,900; target 25,000–25,250, with a stop-loss close at ~24,600.
Scenario #2: Range Trading / Pullback
Expect consolidation between 24,700–24,950, or a potential nose-dive to the 24,700 zone to fill the previous gap.
Strategy: Ride the band—go long near support with tight stops; shift to short if 24,750 breaks decisively.
Scenario #3: Reversal Headwinds
Shoot-star pattern signals risk of pullback. A breach below 24,750 could drag price toward 24,600–24,700 or even revisit August’s ~24,337 low.
Strategy: Short Nifty futures below 24,700, with targets near 24,600, and stops above 24,800.
Summary: Nifty Trade Playbook (Aug 19)
Bullish Trigger: Hold ~24,850–24,900 → Target 25,000–25,250; SL ~24,600.
Neutral/Range: Trade between ~24,700–24,950.
Bearish Setup: Break below ~24,750 → Expect 24,600–24,700; place SL above 24,800.