Daily NIFTY Chart Insights 📈

AngelOne · July 29, 2025, 11:20am

29th July, 2025 NIFTY Chart Insight

The index rose by 140 points (0.57%), driven by strong long build-up as open interest increased by 2.59% and futures volume surged over 18% from yesterday.
Option data indicates significant short covering between the 24,600 and 25,750 call strikes, especially notable at the 24,800 call strike, while fresh put build-up emerged at the 24,800 put strike.
All sectors closed in the green, with Realty leading and IT showing the least gains.
Despite the robust upmove, the index continues to trade well below the key 10-day, 20-day, and 50-day EMA zones.

AngelOne · July 30, 2025, 11:18am

Nifty closed 34 points higher, trading in a narrow range with a long lower wick, indicating an intraday recovery.
With monthly expiry and closing aligned tomorrow, Nifty has maintained a higher high–higher low structure for three consecutive months.
F&O data shows a bullish bias, with short covering at the 24,800 call option (CE) strike and aggressive put writing at the 24,850 and 24,900 put option (PE) strikes.
Infra and IT sectors led the gains, while Realty and PSU Banks lagged.
L&T surged 4%, topping the Nifty gainers; Sun Pharma, NTPC, and Tata Consumer also advanced. Tata Motors and Hero Moto weighed on the Auto index.

AngelOne · July 31, 2025, 12:01pm

Nifty lost 2.93% (749 pts) in July, posting its first monthly decline after four straight gains.
Expiry day was volatile, with a sharp gap-down open followed by a strong intraday recovery.
The index logged its fifth consecutive weekly loss, though August futures ended with a 93-point premium.
On the weekly chart, Nifty closed below the 10 EMA for the second week, while taking support near the 20 EMA.
Market breadth remained weak — RSI is at 41, and fewer than 40% of stocks are trading above their 5-day, 10-day, 20-day, and 50-day EMAs.