Market Recap
·
rebounded 113.5 points
(+0.45%) to close at 25,195.8 on July 15, breaking a four-day losing streak as
positive global cues, softer inflation data, and steady foreign fund inflows
supported sentiment.
·
climbed 241 points (+0.43%)
to 57,007, with mid-sized banks and PSU names leading gains. The index
decisively crossed its 20-day EMA, signaling improving momentum.
|
Index |
Support
Levels |
Resistance
Levels |
Commentary |
|
Nifty
50 |
25,123
/ 25,005 / 24,856 |
25,155
/ 25,228 / 25,310 |
Rebound
above key pivots; resistance at higher levels |
|
Bank
Nifty |
56,754
/ 56,600 |
57,259
/ 57,415 / 57,600 |
Recovery
into bullish territory; eye on breakout above 57,200–57,600 |
·
: Immediate support lies at
25,123/25,005; upside capped near 25,228–25,310, with 25,400 as a major hurdle.
·
: First support at 56,754;
resistance near 57,259 and 57,600, with potential for further gains on a
breakout.
·
:
·
Nifty’s
RSI (51.2) has bounced above 50, signaling renewed if cautious bullishness.
·
MACD
and ROC lean bullish, while ADX indicates low trend strength and limited
volatility.
·
Bank
Nifty has formed a bullish candle, recovering from an upward trendline, and
RSI/20-EMA signals are supportive.
·
: India VIX fell to 11.48, its
lowest since April 2024, suggesting a stable backdrop and reduced risk of sharp
swings.
·
: 35 out of 50 Nifty stocks
advanced, highlighting a broad participation in the upmove, especially in autos
and pharma.
·
: Sustained trade above 25,310
can trigger fresh upside moves toward 25,400. Breakout confirmation is crucial
before aggressive long trades.
·
: Likely consolidation between
25,005 (S1) and 25,310 (R3); momentum remains cautious until the index surges
past resistance.
·
: If Nifty slips below 25,005,
watch for a retest of 24,856 and possible profit-booking.
·
: Momentum favors buyers above
57,200, with targets at 57,600 and 57,642. Key support at 56,750.
·
: Choppy action likely between
56,750–57,600; clear breakout needed for trend reversal confirmation.
·
: Below 56,600, selling could
accelerate toward prior support zones.
·
: Remain supportive, but
traders should watch for any risk-off sentiment shifts.
·
: Hints of possible rate cuts
and low inflation reinforce the market's positive tone.
·
: Stock- and sector-specific
moves may accelerate as Q1 FY26 results trickle in.
|
Index |
Above
Resistance |
Rangebound/Choppy |
Below
Support |
|
Nifty
50 |
25,310–25,400
(Upside) |
25,005–25,310
(Neutral) |
Below
25,005 (Weakness) |
|
Bank
Nifty |
57,600+
(Further gains) |
56,750–57,600
(Sideways) |
Below
56,600 (Caution) |
:
Both Nifty 50 and Bank Nifty show signs of recovery but are likely to trade
with a cautiously positive bias on July 16, 2025. Nifty 50 faces immediate
tests at 25,228–25,310, while Bank Nifty eyes 57,200–57,600 as the next key
hurdle. Maintain a disciplined approach: wait for breakout confirmation, keep a
watch on support levels, and adjust risk as volatility remains low but sector
rotation continues
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