Market Recap (July 3, 2025)
·
Nifty 50 closed at 25,405.30, down
0.19%, marking a second straight day of mild decline as profit booking and
consolidation persisted.
·
The index defended its immediate support at 25,400, with sector
rotation favoring autos and media, while PSU banks and metals lagged.
·
Technical indicators (RSI ~59.7, bullish MACD, positive CCI)
remain constructive, but a bearish candle and lower-top formation signal
short-term consolidation and possible further weakness.
Key Technical Levels for July 4, 2025
|
Level
Type |
Level(s) |
Commentary |
|
Immediate Support |
25,400 |
Crucial
for bulls; breach may trigger a slide to 25,350–25,250 |
|
Next Support |
25,300–25,250 |
Key
demand zone; below this, profit booking could accelerate |
|
Immediate Resistance |
25,500 |
Needs
to be crossed for any meaningful upside. |
|
Higher Resistance |
25,600–25,700 |
Next
hurdles if 25,500 is cleared; strong call writing at 25,500 |
·
Options Data: Highest call OI
at 25,500 (resistance), highest put OI at 25,300 (support).
·
Indicators: RSI, MACD,
Stochastic, and CCI remain bullish, but trend strength (ADX) is moderate and
momentum is fading.
Trading Strategy & Sentiment
·
Bullish Scenario: Sustained trade
above 25,500 could trigger a move toward 25,600–25,700.
·
Bearish/Consolidation Scenario: Failure to hold
25,400 may lead to further weakness toward 25,350–25,250. A decisive breakdown
below 25,300 would signal a deeper correction
·
Short-term Trend: The broader trend
remains positive as long as Nifty holds above 25,250, but near-term action is
likely to remain choppy and rangebound
Summary Table
|
Bias |
Above
25,500 |
25,400–25,500
Range |
Below
25,400 |
Below
25,300 |
|
Bullish |
25,600–25,700 |
Rangebound/Choppy |
Weakness
to 25,350 |
Deeper
correction |
In summary:
Nifty 50 is likely to open and trade within a tight band on July 4, 2025, with 25,400 as the key support and 25,500 as immediate resistance.
A breakout above 25,500 could trigger a rally toward 25,600–25,700, while a
breakdown below 25,400 may lead to further consolidation or correction toward
25,300–25,250. Maintain a cautious, range-trading approach and watch for a
decisive move outside this band for fresh directional cues
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