Daily Chart Insights 📈

Daily Market Updates Closing Bell
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3 July 2025- Nifty NSE Chart Insight

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  • Index reversed from early highs to settle near the day’s low, shedding around 200 points with a rise in OI hinting at fresh shorts.
  • After cooling off nearly 280 points, it is inching toward its 10-EMA support, which remains intact.
  • Market breadth stayed weak, with most stocks in Nifty 50 and Nifty 500 closing in the red.
  • However, a healthy chunk of stocks continues to hold above their 50-EMA levels.
  • Sector-wise, auto and pharma showed resilience, while PSU banks, metals, and realty faced selling pressure.
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4 July, 2025 Nifty NSE Chart Insight

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  • Nifty staged a sharp reversal after testing its 10 EMA in early trade, closing at the day’s high and ending its recent losing streak.
  • A long lower wick on the daily candle reflected rejection at key support, hinting at renewed buying interest near the 10 EMA zone.
  • Market breadth showed signs of recovery, with 58% of Nifty and 51% of Nifty 500 stocks closing in positive territory.
  • While the Metal sector dragged the index, IT, Pharma, and Realty managed to post healthy gains, reflecting selective sectoral strength.
  • The day’s bounce from moving average support signals a stabilizing sentiment, with potential for further upside if follow-through