Technicals

Trade setup for July 2: Top 15 things to know before the opening bell

Technical indicators suggest a phase of consolidation may continue for a few more sessions following the recent sharp rally, with the 25,650–25,700 zone likely to act as resistance on the upside.

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The frontline indices are expected to see further consolidation in upcoming sessions before potentially entering a new leg of the uptrend. Below are some short-term trading ideas to consider.

Technical View: Doji formation signals rangebound Nifty, Bank Nifty eyes 57,800 as VIX stays subdued

As long as the NIfty 50 holds above the 25,400–25,300 zone, an upward move toward 25,700–25,800 remains possible. A breakout above that could take the index toward the next key hurdle at 26,000. On the downside, 25,200 is expected to act as a crucial support level, according to exper

Trading Plan: Can Nifty 50 defend 25,500, Bank Nifty hold 57,000 amid likely consolidation?

This consolidation with a negative bias may persist in the upcoming sessions; however, the overall trend remains largely in favour of the bulls. If the Nifty 50 closes decisively below 25,500, the 25,300–25,200 zone will be critical to watch. On the upside, 25,700 remains a key hurdle, according to experts.

Trade setup for July 1: Top 15 things to know before the opening bell

Overall, the trend remains upward, although consolidation and range-bound trading may persist for a few more sessions before the market enters a fresh leg of the upmove, according to experts.

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The market is expected to consolidate further, although the overall trend remains positive. Below are some short-term trading ideas to consider.

Technical View: Chart pattern suggests consolidation in Nifty, more selling pressure seen if index break 25,400

The weekly options data suggests that 25,500 is expected to be the key zone for further direction in the Nifty 50. The short-term trading range may lie between 25,200–25,700.

Trading Plan: Can Nifty 50, Bank Nifty extend winning streak for fifth straight session amid consolidation?

The Nifty 50 may attempt to surpass the 25,800 hurdle amid possible consolidation after the sharp rally over the past two weeks. If sustained above this level, the next target is 26,000. However, immediate support is placed at 25,400, according to experts..

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Overall, the trend continues to favour the bulls, although some consolidation may occur following a two-week rally. Below are some short-term trading ideas to consider.

Trade setup for June 30: Top 15 things to know before the opening bell

According to experts, in the upcoming sessions, the Nifty 50 needs to clear the 25,750–25,800 hurdle for a strong move toward 26,000 and eventually a record high. Until then, some consolidation may be seen, with support in the 25,400–25,300 zone.

Nifty kicks off July on a strong footing; Bulls eye 26,000 and beyond

History supports the trend—9 of the last 10 July series have closed in the green, and July boasts the highest average monthly return over the past decade. This seasonal tailwind could further amplify bullish momentum.

Chartist Talks: Bank Nifty on track to hit 60,000 milestone before Diwali, bullish on these 4 stocks, says SBI Securities' Sudeep Shah

Backed by strong technical indicators and firm sectoral participation, Nifty now looks poised to extend its northward journey in the coming weeks and is likely to test the level of 25,800, followed by 26,100 in the short term, said SBI Securities' Sudeep Shah.

Finding trend beyond expiry with rollovers: Shubham Agarwal

If Rollover percentage comes out be ~10% below overall Rollover percentage, there is a bright possibility that participation created in last expiry most probably decided to book profits and not carry forward.

Chartist Talks: Elliott Wave signals strong, fast Nifty rally ahead; Ashish Kyal recommends 2 picks for July

Ashish Kyal is expecting July series to be in positive for Bank NIfty as long as 56,600 remains protected on the downside for a move to 59,000 levels.

Technical View: July series begins on positive note; Nifty must break 25,800 for bull run as India VIX hits 9-month low

Weekly options data indicate that 26,000 is likely to act as the next resistance for the Nifty 50, with support at 25,500.

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Momentum is expected to drive the rally further in the equity markets. Below are some short-term trading ideas to consider.

Trading Plan: Can bullish momentum propel Nifty to 25,700, Bank Nifty beyond 57,500 as July series kicks off?

If the Nifty 50 manages to clear the hurdle (25,650–25,750), the 26,000 level is the likely zone to watch. However, the 25,400–25,300 zone is expected to act as support.

Trade setup for June 27: Top 15 things to know before the opening bell

Given the bullish sentiment and the expansion in Bollinger Bands following a significant consolidation breakout, the Nifty 50 is expected to face a hurdle in the 25,650–25,750 zone in the upcoming sessions. A breakout above this zone could open the path toward the 26,000 level, while support is seen at the 25,400–25,300 levels, according to experts.

Technical View: Confident Nifty bulls may face next critical hurdle at 25,750 to make a move towards 26,000

The India VIX, the market's fear gauge, cooled down further, providing healthy comfort for bulls. It was down by 2.87 percent to 12.59, the lowest closing level since March 21.

Trading Plan: Can Nifty 50, Bank Nifty extend upward journey for third consecutive session?

Given the declining VIX and favourable global cues, the bulls are now in a better position, likely pushing the Nifty 50 toward the 25,300–25,400 zone in the near term, followed by 25,500–25,600. The key support levels are at 25,100–25,000, according to experts.

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Given the favourable technical indicators, the uptrend is likely to continue in the upcoming sessions. Below are some short-term trading ideas to consider.

Trade setup for June 26: Top 15 things to know before the opening bell

Given the favourable technical indicators and falling VIX, experts suggest that the Nifty 50 is likely to climb toward the 25,300–25,350 range in the upcoming sessions. Sustaining above this zone could open doors for targets in the 25,500–25,600 range, provided the index holds the support at 25,100–25,000.

Technical View: Nifty closes near 9-month high, next target seen at 25,350; VIX hits 3-month low

Following a bullish breakout from the consolidation range of 24,500–25,200, experts expect the Nifty to advance toward its next immediate target zone of 25,300–25,350, followed by 25,500–25,600 levels, provided it holds above the key support zone of 25,000–25,100.

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The market is expected to maintain an upward trend amid consolidation. Below are some short-term trading ideas to consider.