Date: July 1, 2025
📈 Today’s Highlight (1st July 2025):
On Tuesday, the Nifty 50 index opened with mild weakness and closed at 25,533.00, down 4.25 points (-0.02%) after touching an intraday high of 25,556.95. The price is currently consolidating within a symmetrical triangle pattern on the hourly chart, suggesting a possible breakout or breakdown is imminent.
📊 Hourly Technical Snapshot:
- Pattern: Symmetrical Triangle (Indecision Zone)
- Bollinger Bands (20 SMA): Upper Band at 25,653 | Mid Band at 25,560 | Lower Band at 25,468
- Volume: 24.07M – Reflects declining activity before a breakout
- Support Level: ~25,468
- Resistance Level: ~25,653
This setup indicates the index is gearing up for a decisive move. A breakout above the upper band may lead to a retest of the 26,278 resistance, while a fall below 25,468 could trigger a short-term correction.
📅 Monthly Trend Analysis – July 2025 Outlook:
The monthly candle for June 2025 closed strong and green, extending a 5-month bullish streak. Nifty is trading around 25,541.80, just below a major resistance zone of 26,278.55, which coincides with the upper Bollinger Band on the monthly chart.
📊 Monthly Technical Highlights:
- 5 Green Candles in a Row: Reflects bullish momentum since February 2025
- Resistance: 26,278.55 (BB Upper Band)
- Support Zones: 24,500 and 23,500 (key horizontal levels)
- Volume Surge: June’s volume at 260.67M shows strong institutional participation
📌 The chart hints at a possible bullish flag breakout, but the presence of overhead resistance means bulls need stronger triggers (macro or earnings-based) to move higher.
🧠 What to Watch This Week:
- Global cues, especially US Fed commentary and crude oil movement
- Quarterly earnings results and FII/DII flow
- Nifty’s behavior around the 25,650 breakout zone
🔗 Related Articles (Internal Links):
- Nifty Weekly Chart Analysis – Will Bulls Maintain Grip?
- Top Stocks to Watch This Week Based on Technical Breakouts
🌐 External Insights:
⚠️ Disclaimer:
This article is for educational and informational purposes only. It does not constitute investment advice or recommendations. Please consult your financial advisor before making any trading or investment decisions. Stock markets are subject to risks, and past performance is not indicative of future results.
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