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Rakesh Madhav CFA

31st Jul 2025 · SEBI-Registered Analyst

📌 NIFTY 50 | Short-Term View: 1 Aug & Week Ahead

🎯 Accuracy Check: Our marked zones have captured 3/3 recent turning points — clean respect on both support and resistance. 🔄 Based on Price Action + OI + Fundamentals 📍 Current Spot: 24,768 🧭 Technical Snapshot ✅ Support (24,600–24,650): Held perfectly — buyers stepped in as anticipated. ❌ Resistance (24,800–24,850): Rejection seen again — zone remains intact. 📉 RSI near 44: Indicates cooling momentum and indecision. 📊 Open Interest (OI) Trends 🔺 Highest Calls: 24,800 & 25,000 🔻 Strong Puts: 24,600 & 24,500 📈 PCR at 1.18: Slight bullish bias, but not aggressive. 🌐 Fundamental + Global Cues 🇮🇳 Q1 Earnings: Mixed bag; key players like ICICI, Reliance, and L&T stabilized sentiment. 💸 FIIs net sellers (~₹9,000 Cr in July); DIIs absorbing pressure. 🛠️ Domestic macros solid — infra & capex-led tailwinds in play. ⚠️ Trump’s Tariff Talk: His 25% tariff threat on India (if re-elected) has spooked export-linked sectors. While immediate impact is limited, traders are cautious. 🔮 Our View 🕛 Tomorrow (1 Aug): Expect range-bound trade between 24,650–24,850. Watch for sharp moves only if levels break with volume. 📆 Next 5 Sessions (Short-Term Strategy) 🟢 Bullish above 24,900 → Target: 25,150–25,250 🔴 Bearish below 24,600 → Target: 24,400–24,300 💡 Trade Setup Tips Wait for clean breakout with volume. Avoid midcaps unless earnings-backed. Watch global headlines (US election noise can fuel volatility). 📌 Our levels. Your edge. Stay disciplined top Bullish stocks to follow:

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