Daily NIFTY Chart Insights 📈

[AngelOne]

3 July 2025- Nifty NSE Chart Insight

• 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.

[AngelOne]

4 July, 2025 Nifty NSE Chart Insight

• 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

[prateek.kabra]

Can we do similar analysis for Bank Nifty

[AngelOne]

Hi @prateek.kabra welcome to the community!
Thanks for the suggestion! We’ll definitely consider doing a similar analysis for Bank Nifty in the upcoming posts.

[AngelOne]

7th July, 2025 NIFTY Chart Insight

• Nifty held its 10 EMA and the 23.6% Fibonacci retracement zone, ending the day flat within a narrow range.
• Futures premium stayed firm at 80 points, and the 25,450 straddle closed at ₹233, hinting at a low-volatility setup.
• FMCG outperformed with over 1% gains, while IT and metal sectors dragged due to selling pressure.
• Market breadth turned negative, with only 22 Nifty stocks and 199 Nifty 500 names ending in the green.
• Despite the flat close, the overall tone remained cautious, reflecting broader weakness beneath index stability.

[AngelOne]

8th July, 2025 NIFTY Chart Insight

• Confluence support holds as Nifty rebounds from the 10 EMA and 23.6% Fibonacci retracement zone, now just 0.5% away from its recent swing high.
• Futures premium rises from 79 to 100, reflecting a pickup in bullish sentiment.
• Momentum remains strong with RSI above 60 on the daily chart and 26 out of 50 Nifty stocks ending in the green.
• Volatility eases further as India VIX closes at its lowest level since October 2024, signaling reduced market anxiety.
• Sectoral performance stays mixed, with realty leading the gains while pharma emerged as the top loser.

[AngelOne]

9th July, 2025 NIFTY Chart Insight

• Nifty closes on a soft note, shedding 46 points, while futures premium cools off from 102 to 71 points—hinting at mild selling pressure toward the close.
• Underlying trend stays bullish, with the index comfortably above key 50, 100, and 200 EMAs and RSI holding strong above 60 on both daily and weekly charts.
• Market breadth narrows, as only 22 Nifty 50 stocks advanced, though the broader Nifty 500 saw 262 stocks end in the green.
• Sectoral action was mixed, with FMCG leading gains up 0.80%, while Realty and Metal sectors slipped over 1.4%.

[AngelOne]

10th July, 2025 NIFTY Chart Insight

• Nifty posts its weakest close in 10 sessions, falling 121 points (0.47%) and breaking below the 10 EMA for the first time in 14 sessions.
• Futures premium shrinks to just 59 points, indicating a softening of near-term sentiment.
• The index breaks below the 23.6% Fibonacci retracement, with the next key support seen near the 38.2% level at 25,200–25,220.
• Breadth weakens as only 55% of Nifty stocks remain above the 20 EMA, sharply down from 61% in the previous session.
• Sectoral action remained muted, with only Realty and Metals ending in the green; PSU Banks and IT stocks fell over 0.75% each, while Maruti and IndusInd outperformed, and Bharti Airtel and Asian Paints lagged.

[AngelOne]

11th July, 2025 NIFTY Chart Insight

• Nifty Breakdown: The index cracked over 200 points, slipping below its 10- and 20-day EMAs for the first time in 15 sessions, with open interest rising 4.5%—the highest this week—signaling aggressive short build-up.
• Fibonacci Level Breached: Nifty moved below the key 38.2% Fibonacci retracement level, marking a notable technical breakdown.
• Market Breadth: Broader market participation was weak—only 24% of Nifty stocks closed in the green, with Sensex and Nifty 500 both showing just 27% advances.
• EMA Structure Deteriorates: Just 22% of stocks are trading above their 5 EMA, 27% above 10 EMA, and 39% above 20 EMA, while 73% remain above the 100 EMA.
• Stock Action: HUL gained over 4.5% to lead the pack, followed by strength in SBI Life, while TCS fell more than 3%, and M&M and Hero MotoCorp declined over 2.5%.