Since 10 June, I have maintained a bullish view on NIFTY. Since then, the index has rallied by nearly 1,000 points, confirming the strength of the ongoing trend.
As of 1 July, while writing this blog for the July expiry, I continue to remain bullish on NIFTY. Going forward, I am closely watching two key levels:
- 24,200 – A decisive breakout above this level could open the door for further upside.
- 23,800 – This is an important support zone. As long as NIFTY holds above this level, the bullish structure remains intact.
These two levels are likely to play a crucial role in determining NIFTY’s next directional move during the July expiry series.
Check this Link for June Expiry details
01 July NIFTY Analysis
Another day, and NIFTY once again showed strong buying interest around the 23,800 level, confirming it as an important support zone. However, the index failed to break above the previous day’s high, indicating that buyers are still waiting for fresh momentum.
As long as NIFTY continues to hold above 23,800, the broader trend remains constructive. A decisive breakout above the previous day’s high could open the door for the next leg of the rally.
#NIFTY #StockMarket #TechnicalAnalysis #Trading #MarketOutlook
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
02 July NIFTY Analysis
Another day of strength for NIFTY, but it once again failed to break the major resistance at 24,200.
From here, I’m watching for one of two scenarios:
📌 A healthy pullback, which could provide a better buying opportunity, or
📌 A gap-up opening above 24,200, confirming a decisive breakout above this major resistance.As long as the trend remains strong, 24,200 continues to be the key level to watch.
#NIFTY #StockMarket #TechnicalAnalysis #Trading #PriceAction #MarketOutlook
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
03 July NIFTY Analysis
NIFTY has finally broken its key resistance! 📈
After a strong gap-up opening, NIFTY breached the 24,200 resistance. Despite profit booking during the session, the index managed to close above 24,200, keeping the bullish momentum intact.
Going forward, the 24,200–24,400 zone will be the key action area. Price action around these levels will decide the next move.
Levels to Watch: 24,200 & 24,400#NIFTY #TechnicalAnalysis #PriceAction #StockMarket #Trading #TradingKarma
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
06 July NIFTY Analysis
A gap-up opening backed by strong volume signaled buying strength from the very start of the session.
NIFTY not only breached its immediate resistance at 24,380 but also managed to close above it, confirming the breakout.
#NIFTY #StockMarket #TechnicalAnalysis #Trading #Breakout #IndianMarkets
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
07 July NIFTY Analysis
A calm and range-bound session turned bearish in the final hour as selling dragged NIFTY below the 24,400 support zone.
Despite the weakness, 24,200 remains the key support, and any dip towards this level could offer a buying opportunity.
The real focus now is how NIFTY behaves within the 24,200–24,500 range. This consolidation could set the tone for the next major move.
#NIFTY #StockMarket #TechnicalAnalysis #Trading #MarketOutlook
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
08 July NIFTY Analysis
24200 failed. Bears dominated the session with a one-way fall towards 23800.
Now, 23800 becomes the key level to watch. Will buyers defend it, or will NIFTY consolidate around this zone before its next decisive move?
#NIFTY #StockMarket #PriceAction
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
09 July NIFTY Analysis
Today’s biggest takeaway: NIFTY firmly defended the 24,800 support zone. As long as this level holds, the broader market structure remains positive. Keep a close watch on 24,800—it continues to be the most important level for the sessions ahead.
#NIFTY #StockMarket
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
10 July NIFTY Analysis
After the recent setback, NIFTY has reclaimed the 24,200 level, reinforcing the strength of the ongoing recovery. The 23,800 zone once again proved to be a reliable support, attracting buying interest at lower levels.
#NIFTY50 #StockMarket #TechnicalAnalysis #MarketOutlook #IndianMarkets
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
13 July NIFTY Analysis
Gap-down opening showed market uncertainty, but there was one positive sign. NIFTY closed above the 24,200 level once again, The next move will depend on whether it can build strength from here.
#NIFTY #StockMarket #Trading
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
14 July NIFTY Analysis
As per today’s price action, it now appears that NIFTY has entered a broader trading range of 23,800–24,200. Unless we see a decisive breakout on either side, I expect the index to consolidate within this zone, potentially until the July expiry. Traders may find better opportunities by focusing on stock-specific moves rather than expecting a strong index trend.
#NIFTY #Nifty50 #IndianStockMarket #StockMarket #TechnicalAnalysis #PriceAction
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
15 July NIFTY Analysis
NIFTY failed to close above 24,200 today. To move towards 24,500, the index first needs to stay above 24,200 on a sustained basis. Until then, the market may continue to trade in a range. Keep an eye on this level, as it will decide the next major move.
#NIFTY #StockMarket #Trading
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
16 July NIFTY Analysis
Another Range-bound session for NIFTY, with yet another rejection near the 24200 Zone. Bulls continue to struggle for a decisive breakout, while buyers are defending lower levels
Important Zone # 24450 || 24200 || 24000
#NIFTY #PriceAction #StockMarket
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
17 July NIFTY Analysis
NIFTY closed well above the important 24,200 level today, showing strength. The next major resistance is in the 24,450–24,500 zone. A strong move above this range can lead to further upside, while failure to break it may result in short-term consolidation. The next few sessions will be important.
Important Zone # 24450 || 24200 || 24000
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
20 July NIFTY Analysis
NIFTY continues to trade above the crucial 24,200 mark.
📌 Key Levels: 24,000 | 24,080 | 24,450
As long as 24,000 holds, the trend remains positive.
This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
21 July NIFTY Analysis
NIFTY Important Zone24,000 → 24,450 → 24,750Price action around these zones will likely determine the market’s next direction.This is for informational purposes only and does not constitute investment advice or a recommendation. Investors should exercise due diligence and consult a SEBI-registered advisor.
