Nifty 50 about to hit SupportPredicting the Nifty 50's movement for the week of July 14–18, 2025,
Involves analyzing recent market trends, technical indicators, and macroeconomic factors based on available data. Here’s a concise analysis:Market ContextRecent Performance: The Nifty 50 closed at 25,149.85 on July 11, 2025, down 0.78% from the previous day, reflecting a bearish session driven by losses in IT, auto, and oil & gas stocks. The index has been volatile, with a weekly decline of 0.59% but a monthly gain of 0.63%.
# Global Cues:
Mixed global market trends are influencing sentiment. U.S. markets are at record highs, but Wall Street futures are down, and Asian markets are mixed (e.g., Nikkei 225 up, Hang Seng down). The looming U.S. tariff deadline and potential U.S.–India trade agreement talks are key events to watch.
#FII/DII Activity:
Foreign Institutional Investors (FIIs) have been selling, which may weigh on short-term sentiment, while Domestic Institutional Investors (DIIs) could provide support.
~~ Technical Analysis ~~
Trend: The Nifty 50 is in a broader uptrend but showing signs of a short-term correction. It closed below the key level of 25,400, indicating potential weakness. Technical indicators suggest a sideways to bearish bias for the near term.
#Support and Resistance:
Support: Key support lies at 24,900–25,133. A break below 24,900 could lead to further declines toward 24,700 or 24,500.
Resistance: Immediate resistance is at 25,500–25,650. A sustained move above 25,650 could signal bullish momentum toward 25,770–26,000.
# Indicators:
Moving Averages: The index is above its 20-day, 50-day, and 200-day EMAs, supporting a bullish long-term trend, but recent selling pressure at higher levels indicates consolidation.
# Sectoral Outlook
Bullish Sectors: Banking, pharma, realty, oil & gas, and media showed resilience last week, with stocks like HDFC Bank, Bajaj Finance, and Coal India gaining.
Bearish Sectors: IT, metals, telecom, and auto underperformed. IT stocks like TCS, HCL Tech, and Infosys dragged the index due to weak Q1 results (e.g., TCS reported a 6% profit increase but faced margin pressure).
Key Events to WatchU.S.–India Trade Talks: Clarity on a potential interim trade agreement could boost sentiment, especially for export-oriented sectors.
FOMC Minutes: The release of FOMC minutes may influence global rate expectations, impacting FII flows.
Forecast for July 14–18, 2025Expected Range: The Nifty 50 is likely to trade between 25,000–25,750. A break below 24,900 could test 24,500, while a move above 25,650 may target 26,000.
~~ Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
