{
  "id": 999571,
  "title": "F&O Talk: Nifty consolidation to continue says Sudeep Shah; gives Tata Motors, Lenskart, Honasa strategy",
  "url": "https://urgent.news/2026/08/15/f-o-talk-nifty-consolidation-to-continue-says-sudeep-shah-gives-tata",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-15T08:37:09.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/expert-view/fo-talk-nifty-consolidation-to-continue-says-sudeep-shah-gives-tata-motors-lenskart-honasa-strategy/articleshow/133259043.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "The stock market closed in the red on Friday, with both the Sensex and Nifty recording slight losses despite oil prices stabilising around $87 per barrel. Analyst Sudeep Shah, Head of Technical & Derivatives Research at SBI Securities, discussed the outlook for the Nifty Bank, options data, and an index strategy for the upcoming week. Shah noted that Nifty has been trading in a narrow range of 500 points since the beginning of August, with its daily trading range contracting significantly. The index's daily ATR is at its lowest level since the first week of January 2026, highlighting the sharp decline in volatility. Shah also mentioned that the loss of momentum and fading trend strength suggest that the next breakout could be pivotal in shaping the market's near-term direction, with the 50-day EMA zone of 24,200–24,150 acting as an important support for the index.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Tata Motors PV Q1 Results: Net profit plunges 80% YoY to Rs 775 crore, revenue rises 9%",
        "url": "https://urgent.news/2026/08/13/tata-motors-pv-q1-results-net-profit-plunges-80-yoy-to-rs-775-crore",
        "published": "2026-08-13T10:38:27.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}