Technical View: Nifty needs to reclaim 25,300 for sustained uptrend, India VIX approaches 15-month low
India VIX fell sharply after a couple of days of upward movement, closing at 11.48 (the lowest closing level since April 26, 2024), down 4.17 percent. This decline brings more stability and confidence to the market.
Trade Spotlight: How should you trade Voltas, Sonata Software, Piramal Enterprises, Tata Motors, Redington, Coromandel, Eternal and others on July 15?
The market may see further consolidation with a negative bias if it breaks Monday’s low in the upcoming sessions. Below are some short-term trading ideas to consider.
Trading Plan: Can Nifty 50 snap four-day decline, Bank Nifty reclaim 57,000?
Overall, the short-term trend remains consolidative until the Nifty 50 gives a strong close above 25,500. In the upcoming sessions, if it rebounds, the 25,100–25,200 zone can act as a hurdle. However, below 25,000, bears may drag the index down toward 24,900–24,800.
Trade setup for July 15: Top 15 things to know before the opening bells
As long as the Nifty 50 holds 25,000 level, an upward move toward 25,100–25,200 remains possible. On the other hand, a breakdown and sustained close below this level may drag the index down to 24,900 (immediate support), followed by 24,800 (crucial support), according to experts.
Technical View: Fall towards 50-DEMA level can't be ruled out if Nifty breaks psychological mark of 25,000
The weekly options data indicated that the Nifty 50 is expected to trade in the 24,900–25,500 range in the near term.
Trade setup for July 14: Top 15 things to know before the opening bells
Given the bearish bias in momentum indicators and the weak technical structure, the Nifty 50 is likely to fall toward the 25,000 mark, the next support zone. A further decline toward 24,900–24,800 cannot be ruled out. However, if it manages to defend Friday's low, 25,300 will be the immediate resistance to watch, followed by 25,500, according to experts.
Trading Plan: Can Nifty 50, Bank Nifty extend downward move for fourth consecutive session?
If the NIfty 50 stays below these short-term averages, a fall toward 25,000 is likely. A further drop below that would bring 24,900 into focus as a crucial support. On the higher side, 25,300 is the immediate resistance; sustaining above this level could potentially reverse the trend.
Trade Spotlight: How should you trade Hubtown, Thyrocare Tech, EID Parry, JSW Infrastructure, Rallis India, Piramal Enterprises and others on July 14?
Consolidation is expected to continue in the upcoming sessions until the frontline indices trade above their short-term moving averages. Below are some short-term trading ideas to consider.
Chartist Talks: SBI Sec’s Sudeep Shah bullish on 4 stocks, but signals avoid for telecom stock, sees this bank at overbought zone after 81% rally
Technical signals suggest that downside momentum may be gaining strength in Nifty 50, said Sudeep Shah of SBI Securities.
Bull Put Spread for struggle at the top: Shubham Agarwal
Bull Put Spread involves Selling and Buying of Puts of same expiry where the Sell Put is of a Higher Strike and Buy Put is of a Lower Strike.
Chartist Talks: I-Sec’s Dharmesh Shah sees strong Nifty structure despite recent correction; expects index to reach 25,800 in August
I-Sec’s Dharmesh Shah expects volatility to remain elevated amid progression of earnings season coupled with Tariff related development wherein strong support is placed at 24,900-24,800 levels.
Technical View: Breaking of 20-DEMA, weak momentum signal bearish trend for Nifty, bears could target breaching 25k next week
The weekly options data also indicates that the Nifty may face resistance at 25,300, with support at 25,000.
Trading Plan: Can bears drag Nifty 50 toward 25,200, Bank Nifty near previous week's low?
If the Nifty 50 breaks the key support zone of 25,300–25,200, the fall may extend toward the 25,000 zone, however, on the higher side, the 25,500 is the level to watch.
Trade setup for July 11: Top 15 things to know before the opening bells
If the Nifty 50 breaks the crucial support zone of 25,300–25,200, the 25,000 level is the one to watch on the downside. However, on the higher side, 25,500 is expected to act as resistance, according to experts.
Trade Spotlight: How should you trade JSW Energy, Prestige Estates, Ingersoll Rand, Premier Energies, EID Parry, Adani Power and others on July 11?
The market is expected to see further consolidation with a negative bias in the upcoming sessions. Below are some short-term trading ideas to consider.
Technical View: Bears could get more dominant if Nifty breaks 25,300 support, India VIX reaches over 14-month low
The India VIX declined by 2.24 percent to 11.67, its lowest closing level since April 26, 2024, extending its downtrend for the third consecutive day.
Trade setup for July 10: Top 15 things to know before the opening bells
From a levels perspective, a decisive move above the 25,550 zone could open the path toward 25,700–25,800. Conversely, a break below the 25,400–25,300 support zone could lead the Nifty 50 toward 25,200–25,000, according to experts.
Trading Plan: Can Nifty 50, Bank Nifty continue to hold above short-term moving averages?
The Nifty 50 has been trading within a 25,300–25,600 range for the past seven consecutive sessions. A decisive move above 25,600 could drive the index toward 25,700–25,800, while a breakdown below 25,300 would bring 25,200–25,000 into focus, experts said.
Trade Spotlight: How should you trade Power Grid Corporation, ICICI Prudential Life, Ceat, Apollo Tyres, Dabur, Bandhan Bank and others on July 10?
The frontline indices are expected to continue trading within the previous week's range. Below are some short-term trading ideas to consider.
Technical View: Crossing 25,500 crucial for upward journey in Nifty, India VIX hits over 13-month low
The weekly options data suggested that 25,500 is expected to be the crucial zone for the Nifty 50, while the broad trading range is expected to be 25,000–26,000 in the short term.
Trading Plan: Is Nifty 50 headed to 25,600, Bank Nifty marching toward all-time high?
With a breakout from a downward-sloping channel, the Nifty is expected to march toward the 25,600–25,700 zone, while support lies at 25,400–25,300 levels.
Trade setup for July 9: Top 15 things to know before the opening bells
The 25,500 level is expected to be a crucial zone for the Nifty 50 in the upcoming sessions. If the index drops below this level, the 25,400–25,300 zone can act as support. However, if it holds above 25,500, a move toward 25,600–25,700 on the higher side can’t be ruled out, according to experts.
Trade Spotlight: How should you trade Chennai Petroleum, NHPC, Valor Estate, KPR Mill, Motherson Sumi Wiring, Tech Mahindra and others on July 9?
The consolidation and rangebound trading may continue until the frontline indices decisively surpass the recent swing high. Below are some short-term trading ideas to consider.
Technical View: Nifty bulls likely to march toward next target of 25,700, Bank Nifty may see new high
The weekly options data indicated that the Nifty 50 may trade in the range of 25,400–25,700 in the near term.
