The monthly expiry day is one of the most volatile trading sessions in the Indian stock market. With option contracts expiring, traders witness significant price movements, making it a crucial day for strategy execution. In this article, we will analyze the probable range for Nifty, Bank Nifty, Fin Nifty, and Midcap Nifty for the Aug 2026 Monthly Expiry and discuss how traders can position themselves effectively.
Predicted Range for Nifty, Bank Nifty, Fin Nifty & Midcap Nifty
Nifty 50 Expiry Analysis
Intraday Levels for Nifty:
Buy Above 24213 Tgt 24250, 24285 and 24323 ( Nifty Spot Levels)
Sell Below 24166 Tgt 24133, 24100 and 24073 (Nifty Spot Levels)
Expiry Levels for Nifty:
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Upper End of Expiry: 24364
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Lower End of Expiry: 24073
Bank Nifty Expiry Analysis
Intraday Levels for Bank Nifty:
Buy Above 57555 Tgt 57634, 57714 and 57835 ( Bank Nifty Spot Levels)
Sell Below 57474 Tgt 57394, 57200 and 57108 (Bank Nifty Spot Levels)
Expiry Levels for Bank Nifty:
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Upper End of Expiry: 57871
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Lower End of Expiry: 57178
- Strategy:
- Iron Condor for a defined range
- Straddle for sharp moves due to FII activity
Fin Nifty Expiry Analysis
Intraday Levels for Finance Nifty:
Buy Above 26136 Tgt 26166, 26200 and 26250 ( Fin Nifty Spot Levels)
Sell Below 26100 Tgt 26075, 26050 and 26000 (Fin Nifty Spot Levels)
Expiry Levels for Finance Nifty:
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Upper End of Expiry: 26315
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Lower End of Expiry: 26000
- Strategy:
- Debit Spread for directional bias
- Short Strangle for theta decay benefits
Midcap Nifty Expiry Analysis
Intraday Levels for Mid Cap Nifty:
Buy Above 14900 Tgt 14927, 14954 and 14981 ( Midcap Nifty Spot Levels)
Sell Below 14860 Tgt 14832, 14800 and 14777 (Midcap Nifty Spot Levels)
Expiry Levels for Mid Cap Nifty:
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Upper End of Expiry: 14989
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Lower End of Expiry: 14810
- Strategy:
- Butterfly Spread for controlled risk
- Ratio Spread for trending moves
Nifty Next 50 Expiry Analysis
Intraday Levels for Nifty Next 50:
Buy Above 74000 Tgt 74102, 74193 and 74284 ( Nifty Next 50 Spot Levels)
Sell Below 73900 Tgt 73830 , 73729 and 73645 (Nifty Next 50 Spot Levels)
Expiry Levels for Nifty Next 50:
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Upper End of Expiry: 74446
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Lower End of Expiry: 73555
Best Trading Strategies for Expiry Day
1. Option Selling for Theta Decay
- Selling out-of-the-money (OTM) strangles or straddles in the morning session.
- Exiting positions by 2 PM to avoid sharp swings.
2. Directional Trades Post 1 PM
- Wait for institutional moves and breakouts in major indices.
- Use Volume & VWAP Analysis to confirm trends.
3. Scalping in the Last Hour (3 PM Move)
- Expiry days witness sudden momentum in the last 30 minutes.
- Scalpers can use quick 5-minute chart breakouts to capture short moves.
4. Max Pain-Based Strategies
- Monitor max pain levels for Nifty and Bank Nifty.
- Sell iron condors or credit spreads around those levels.
These levels are derived from current market data and are subject to change with market dynamics. Traders should monitor these levels closely and employ appropriate risk management strategies during trading.
Note: Market conditions can change rapidly. It’s advisable to stay updated with live market data and consult with financial advisors before making trading decisions.