Sunday, 27 July 2025

Nifty Outlook for 28 July 2025

 Market Sentiment & Technical Overview:

·         The Nifty 50 finished last week on a weak note, closing at 24,837, down 0.9%, as selling pressure intensified across most sectors.

·         The index has slipped below critical support zones (24,900 and its 50-DMA), signaling a bearish shift for the short term. The technical trend is now seen as negative, with the Relative Strength Index (RSI) hitting oversold levels, but not yet indicating a confirmed reversal.

·         Immediate support levels are seen at 24,742–24,700, with further support near 24,500. Resistance is capped at 25,000–25,250.

·         Most analysts are advising a “sell on rise” approach until Nifty decisively closes above 25,100, which would mark a resumption of bullish momentum. Until then, any bounce is likely to remain limited by resistance zones.

Key Drivers for the Session:

·         Weak earnings from heavyweight stocks (especially financials and IT) and FII outflows contributed to last week's decline.

·         Global cues remain muted, and market action is expected to be choppy, with a consolidative or marginally negative bias at open unless aided by positive surprises from key results or news.

·         Volatility has picked up as seen in the rise of India VIX, suggesting further fluctuation is likely in the short term.

·         Only a decisive move above 25,100–25,250 will turn the trend bullish; otherwise, traders should be cautious and manage risk tightly.

Summary Table: Nifty 50 Key Levels for 28 July 2025

Support

Resistance

Trend

Analyst View

24,700–24,500

25,000–25,250

Bearish/Sideways

Sell on rise, avoid fresh longs unless breakout

Best Practice:
Stay nimble in trades and watch for support at lower levels. If there is no strong bullish move above 25,100, avoid aggressive long positions. Intraday traders may find opportunities in sectors showing relative strength (like Pharma), but broad indices are expected to remain weak or consolidate within these ranges.

These projections are based on current market conditions and technicals available as of the last trading session and may quickly change depending on overnight developments.

Thursday, 24 July 2025

Nifty 50 Outlook for May 26, 2025

 Market Recap

·         , rising 0.60% (up 148 points), reclaiming the psychological 25,000 mark for the first time.

·          also registered gains, closing at 82,176.45, up 0.56%.

·         The positive move was driven by gains in stocks like Bajaj Auto, JSW Steel, Mahindra & Mahindra, ICICI Bank, and strong sectoral participation in Auto, FMCG, IT, and Banks.

·         Market sentiment remained bullish, buoyed by strong global cues, supportive domestic factors, and optimism over corporate earnings.

Level Type

Key Level(s)

Interpretation

Immediate Support

24,800, 24,850

Crucial for trend reversal

Immediate Resistance

25,150, 25,350

Upside targets if breakout holds

Medium-term Support

24,700, 24,660

Watch for selling pressure below

·         : Nifty 50 broke above the key resistance of 24,950–25,000.

·         : Advances outpaced declines (45:5), indicating strong market breadth.

·         : Nifty formed a bullish candle, and trading above the 21-day EMA (~24,480) confirmed a robust trend.

·         : India VIX eased, signaling reduced volatility for the session.

·         : Positive/bullish, with expectations for further gains toward 25,150–25,350 if the 25,000 level is firmly held.

·         : Likely trading range between 24,800–25,350 for the week, with a "buy-on-dips, sell-on-rise" approach recommended for traders.

·         : Autos and banks outperformed, while broader participation was observed in IT, FMCG, Metals, Realty, Oil & Gas, and PSU Banks.

·         : Initiate or accumulate long positions above 25,000, with stop-loss at 24,800. On further upside, take profits near 25,280–25,350.

·         : Continue to accumulate quality stocks on 3–10% dips, especially in strength sectors like BFSI, IT, and Auto.

·         : Despite positive momentum, monitor for any reversal signals near resistance zones (25,150–25,350) and remain alert to global macro or geopolitical factors.

·         : Ongoing results, especially from large caps, could provide additional momentum.

·         : US and European markets trending higher influenced India’s positive open and sentiment.

·         : GDP releases and other economic indicators in the coming week to shape near-term moves.

Bias

Support Levels

Resistance Levels

Strategy

Bullish/Positive

24,800, 24,850

25,150, 25,350

Buy on dips, sell on rise

Cautious below 24,800

24,700, 24,660

Tight stop-loss, risk control

:
Nifty 50 delivered a decisive breakout above 25,000 on May 26, 2025, supported by broad-based sectoral strength and bullish technicals. The short-term outlook remains positive, with traders eyeing 25,150–25,350 as near-term targets, provided the index sustains above 24,800. Investors can add on corrections, with a focus on leading sectors. Remain vigilant for reversal signals near upper resistance and monitor key global and domestic data releases through the week.

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