Trade setup for July 8: Top 15 things to know before the opening bells
According to experts, if the Nifty 50 decisively breaks below 25,300, then 25,200-25,100 could be the next levels to watch. However, a move above 25,500 on the higher side may drive the index toward the 25,650–25,700 levels.
Technical View: Short term selling pressure likely if Nifty breaks 25,400, VIX remains favourable for bulls
The above weekly options data suggests that the Nifty 50 may trade in the 25,300–25,600 range in the near term, while the broader trading range remains at 25,000–26,000.
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Trading Plan: Can Nifty 50 defend 25,300, Bank Nifty hold 56,600 amid likely consolidation?
If the Nifty 50 manages to defend 25,300, an upward move toward 25,600–25,700 remains possible. However, a break below this level may drag the index down to the 25,200–25,000 zone.
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Consolidation is expected to continue in the upcoming sessions, with resistance and support at last week's high-low. Below are some short-term trading ideas to consider.
Trade setup for July 7: Top 15 things to know before the opening bell
According to experts, as long as the Nifty 50 holds the 25,300–25,200 zone, an upward move toward 25,700–25,800 remains possible. A sustained move above 26,000 would be crucial for further upside. However, if the index falls below 25,200, a decline toward 25,000 cannot be ruled out.
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The total premium is the maximum cover that the option sellers are asking for before the result. So, this can be taken as a rough estimate of the option traders’ expectation or market expectations of the post result volatility (maximum).
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Trading Plan: Can Nifty 50 rebound to 25,500, Bank Nifty’s underperformance persist?
According to experts, the Nifty 50 needs to defend the 25,300–25,250 zone — a key support area — for any further upmove toward 25,500–25,600. However, a breakdown below this zone could drive the index down toward 25,000.
Trade setup for July 4: Top 15 things to know before the opening bell
In case the Nifty 50 rebounds while defending the 25,400–25,380 zone, the 25,500–25,600 range is the level to watch on the higher side. However, a decisive breakdown below these levels could drag the benchmark index toward the support zone of 25,350–25,250, according to experts.
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The frontline indices are expected to see more consolidation with a negative bias in case the 10-day EMA is broken. Below are some short-term trading ideas to consider.
Technical View: As momentum seems to fade in Nifty, further consolidation with negative bias can't be ruled out
Weekly options data suggests that the Nifty 50 is expected to remain in the 25,000–25,600 range in the near term.
Trading Plan: Can Nifty 50 hold 25,400, Bank Nifty find support at 56,800?
The index is likely to take support at 25,400-25,300 in the ongoing consolidation, as breaking below it can open the door for more selling pressure. However, on the higher side, the 25,600–25,700 zone is the resistance to watch, experts said.
Trade setup for July 3: Top 15 things to know before the opening bell
The chart formation and technical indicators signal further consolidation in the coming sessions until the Nifty 50 reclaims and sustains above the current week's high.
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The consolidation is expected to continue until the frontline indices decisively surpass their recent swing highs. Below are some short-term trading ideas to consider.
Technical View: Bears could gain more strength if Nifty decisively breaks 25,200 support
The India VIX, the volatility index, remained in the lower zone, keeping the bulls in a comfort zone. The VIX dropped by 0.66 percent to the 12.44 zone.
Trading Plan: Can Nifty 50 cross 25,600, Bank Nifty set for a fresh closing high amid rangebound trade?
As long as the Nifty 50 trades below 25,700, the consolidation may continue, with support in the 25,400–25,300 zone. A decisive move above 25,700 can drive the index toward 26,000, experts said.
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.
