Trade setup for August 1: Top 15 things to know before the opening bells
As long as the Nifty 50 trades below the 20-day and 50-day EMAs, consolidation may continue, with 24,600 (which coincides with the 100-day EMA) acting as strong support. On the higher side, 25,000 is seen as a crucial resistance zone—only a decisive move above it may turn the trend favourable for the bulls, according to experts.
Technical View: Bearish sentiment may prevail until Nifty decisively takes out today's high
According to experts, the bearish sentiment amid consolidation is expected to prevail until the Nifty 50 decisively takes out today’s high of 24,957. On the lower side, the 24,600 level or the 100-day EMA is expected to act as a support.
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The consolidation is expected to continue as long as the frontline indices trade below the 50-day EMA. Below are some short-term trading ideas to consider.
Trading Plan: Can Nifty 50 hold 24,600, Bank Nifty stay above 55,500 after Trump’s 25% tariff on India, Fed move?
If the Nifty fails to take support at the 24,700–24,600 zones amid Trump’s 25 percent tariff on India and the Fed maintaining the status quo on rates, the selling pressure may widen. However, the 24,950–25,000 zone is likely to act as a hurdle on the higher side.
Trade setup for July 31: Top 15 things to know before the opening bells
If the Nifty 50 fails to defend the 24,650–24,600 support zone, amid a possible knee-jerk reaction to Trump's 25 percent tariff imposition on India, the bears may gain strength. However, on the higher side, surpassing 24,950 could open the door for 25,150–25,250 levels, according to experts.
Technical View: Further major upmove unlikely until Nifty decisively surpasses 50-day EMA
Monthly options data suggest that the Nifty 50 may continue to trade in the 24,800–25,000 range in the near term.
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The market is expected to remain rangebound and consolidative in the upcoming sessions. Below are some short-term trading ideas to consider.
Trading Plan: Can Nifty 50, Bank Nifty extend Tuesday's recovery further?
Consolidation may continue as long as the Nifty 50 trades below the 24,950 zone (immediate resistance), with key support at 24,600. Meanwhile, the Bank Nifty needs to sustain above the 55,800 support for an upward move toward 56,600–56,700; however, below 55,800, the bears may gain strength, according to experts.
Trade setup for July 30: Top 15 things to know before the opening bells
Unless the Nifty 50 sustains above 24,950, rangebound trading is expected to continue, with immediate support at 24,700, followed by 24,600 as key support. Above this, 25,100 is the level to watch, according to experts.
Technical View: Reclaiming 24,950 crucial for Nifty bulls to continue upward journey, Bank Nifty back above 50-day EMA
The monthly options data indicated that the Nifty may face resistance at 25,000 in the near term, with support at 24,700.
Trading Plan: Can Nifty 50 defend 24,600, Bank Nifty hold 56,000 amid consolidation?
On the higher side, the 24,800–24,900 zone can act as a hurdle for the Nifty 50, whereas on the lower side, the 24,600–24,550 area can offer support, as a move below it may strengthen the bears, experts said.
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The market may continue to consolidate with a negative bias in the upcoming sessions. Below are some short-term trading ideas to consider.
Trade setup for July 29: Top 15 things to know before the opening bells
Trade setup for July 29: Top 15 things to know before the opening bells
Technical View: Nifty bears next target seen at 100-day EMA, India VIX reaches three-week high
The monthly options data suggest that the Nifty is expected to be in the 24,500–25,000 range in the short term.
Chartist Talks: Bank Nifty faces fatigue, Nifty may test 24,400–24,600, says Sameet Chavan of Angel One
Trend wise, with a long to medium-term horizon, the market is in a strong uptrend but with the last three weeks' price action, the short-term trend has slightly tilted downwards, said Sameet Chavan of Angel One.
Trading Plan: Can bears drag Nifty 50 down to 24,700, Bank Nifty toward 56,200?
According to experts, if the Nifty 50 sustains below 25,000, the next level to watch is 24,700, followed by 24,500. On the higher side, the 24,950–25,000 zone can act as a hurdle. Meanwhile, the Bank Nifty is expected to consolidate as long as it trades below the 57,300 hurdle.
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The market is expected to consolidate further as long as the frontline indices continue trading below their medium-term moving averages. Below are some short-term trading ideas to consider.
Trade setup for July 28: Top 15 things to know before the opening bells
According to experts, as long as the Nifty 50 trades below 25,000 (Friday's high), the bears may remain in control. The 24,700 level could act as the next support zone, followed by 24,550. On the higher side, the 25,000–25,150 range may serve as a hurdle zone for the index.
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The 100-day EMA zone of 24,600-24,550 will act as immediate support for the Nifty 50. Any sustainable move below the level of 24,550 will lead to further correction upto the 24,200 level. However, on the upside, the 20-day EMA zone of 25,100-25,150 will be the crucial hurdle for the index, said Sudeep Shah of SBI Securities.
Trade Options when momentum is on strike: Shubham Agarwal
While we are trading within the range, there generally is a directional impulse, just that it is short lived. That very fact makes kills the market momentum. So, to adapt to this first modification is to reduce the time horizon of the trades to weekly expiries.
Technical View: Bearish Belt Hold pattern signals weakness; Nifty may fall toward 24,700 as key averages break
Monthly options data suggests that the Nifty is expected to trade in a broad range of 24,500–25,500, with the near-term range likely between 24,600–25,200.
Trading Plan: Can Nifty 50 break 25,000, Bank Nifty fall below 57,000 amid consolidation?
Until the Nifty 50 trades below the 25,250–25,300 zone, consolidation may continue, with support at 25,000. If it breaks below this, 24,900 is the level to watch. Meanwhile, the Bank Nifty sustained above short-term moving averages, but if follow-through selling occurs and the index breaks the 20-day EMA (56,800), the correction may widen.
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The consolidation is expected to continue, with benchmark indices likely finding support at the 50-day EMA. Below are some short-term trading ideas to consider.
Trade setup for July 25: Top 15 things to know before the opening bells
According to experts, the Nifty needs to surpass and sustain above the 25,250 hurdle for an upmove toward 25,350, and then 25,550. However, below this level, the consolidation may continue, with immediate support in the 25,000–24,900 zone.
Technical View: Nifty faces hurdle at 25,250, rangebound action likely to persist; Bank Nifty holds 20-day EMA
Monthly options data suggests that the Nifty 50 is expected to trade in the 24,800–25,300 range in the near term.
