After a volatile week dominated by global jitters and profit booking, Indian equity markets ended lower, with the Nifty50 slipping 1.2% for the week ended July 11, 2025.
The selloff came amid renewed tariff threats by U.S. President Donald Trump, which spooked global investors and added pressure on risk assets.
A textbook trend reversal: July 10 lived up to the forecast
In our last note, we identified July 10 as a High Alert Day—a potential inflection point where a trend reversal could unfold.
As anticipated, the market exhibited strong momentum on that day, but a subsequent breakdown below July 10’s low on Friday triggered a sharp decline. This confirmed July 10 as a textbook trend-shifting session, reinforcing our forecast methodology.
Weekly High: 25,548.70 (vs. resistance at 25,586 — only 37 points off)
Weekly Low: 25,129 (vs. support at 25,120 — just 9 points difference)
Friday Intraday High: 25,322 (vs. projected level at 25,320)
Key Magnet Level: 25,434 — acted as crucial support on July 7, 8, and 9
These precise levels helped intraday and positional traders navigate the market with greater confidence.
July 8 (Mon):
9:25 am: Day high formed at 9:35 am
10:05 am: Swing low emerged
11:20 am: Down move began
2:15 pm: Swing low seen near 2:30 pm
July 9 (Tue):
11:45 am: Swing low hit exactly on time
July 10 (Wed):
9:30 am: Swing low
11:20 am: Swing high
12:20 pm: Momentum move began, peaked at 2:35 pm
July 11 (Thu):
9:20 am: Day high
1:55 pm: Fresh momentum initiated
July 12 (Fri):
9:20 am: High formed by 9:40 am
11:25 am: Sideways movement began post selling halt
What to expect: July 14–18
Looking ahead, all eyes now turn to Tuesday, July 15, flagged as the next High Alert Day (±1 trading day). Traders should brace for elevated volatility and potentially strong intraday moves—ideal conditions for short-term and momentum trading setups.
Time Zones to Watch:
July 14 (Mon): 10:20 am, 11:30 am
July 15 (Tue): 9:45 am, 12:45 pm, 1:45 pm, 2:40 pm
July 16 (Wed): 10:45 am, 11:40 am, 1:20 pm
July 17 (Thu): 10:15 am, 11:30 am, 12:45 pm
July 18 (Fri): 12:30 pm, 2:05 pm
25,085 / 24,978 / 24,850 / 24,676 / 24,538 / 25,450
Resistance Zones:
25,320 / 25,434 / 25,566 / 25,600 / 25,911 / 26,230
These levels are expected to act as crucial pivots for price action through the week. Traders are advised to use these zones in conjunction with the mentioned time forecasts for higher probability setups.
Conclusion: Stay sharp, stay timed
With another High Alert period approaching, precision trading becomes more important than ever. As the previous week demonstrated, combining time and price offers a significant edge in anticipating market moves. Use these tools to your advantage—trade with discipline, stay nimble, and let the charts do the talking.
(The author is Director, Wealthview Analytics Pvt Ltd)
SEBI Registration – INH000009676
Disclaimer: Investments in securities markets are subject to market risks. Please read all related documents carefully before investing. Recommendations and views expressed are those of the author and do not represent the views of The Economic Times.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
The selloff came amid renewed tariff threats by U.S. President Donald Trump, which spooked global investors and added pressure on risk assets.
Global headwinds, local profit booking
The market, which had previously rallied to higher levels, witnessed a bout of selling as investors opted to lock in gains. Sectorally, the brunt of the fall was borne by IT, auto, and metal stocks, which emerged as the top laggards for the week.A textbook trend reversal: July 10 lived up to the forecast
In our last note, we identified July 10 as a High Alert Day—a potential inflection point where a trend reversal could unfold.
As anticipated, the market exhibited strong momentum on that day, but a subsequent breakdown below July 10’s low on Friday triggered a sharp decline. This confirmed July 10 as a textbook trend-shifting session, reinforcing our forecast methodology.
Precision in price: Support & resistance levels held firm
Our key levels provided clear guidance throughout the week:Weekly High: 25,548.70 (vs. resistance at 25,586 — only 37 points off)
Weekly Low: 25,129 (vs. support at 25,120 — just 9 points difference)
Friday Intraday High: 25,322 (vs. projected level at 25,320)
Key Magnet Level: 25,434 — acted as crucial support on July 7, 8, and 9
These precise levels helped intraday and positional traders navigate the market with greater confidence.
Timing the market: Time forecasts that worked
Our Time + Price framework once again proved its effectiveness:July 8 (Mon):
9:25 am: Day high formed at 9:35 am
10:05 am: Swing low emerged
11:20 am: Down move began
2:15 pm: Swing low seen near 2:30 pm
July 9 (Tue):
11:45 am: Swing low hit exactly on time
July 10 (Wed):
9:30 am: Swing low
11:20 am: Swing high
12:20 pm: Momentum move began, peaked at 2:35 pm
July 11 (Thu):
9:20 am: Day high
1:55 pm: Fresh momentum initiated
July 12 (Fri):
9:20 am: High formed by 9:40 am
11:25 am: Sideways movement began post selling halt
What to expect: July 14–18
Looking ahead, all eyes now turn to Tuesday, July 15, flagged as the next High Alert Day (±1 trading day). Traders should brace for elevated volatility and potentially strong intraday moves—ideal conditions for short-term and momentum trading setups.
Time Zones to Watch:
July 14 (Mon): 10:20 am, 11:30 am
July 15 (Tue): 9:45 am, 12:45 pm, 1:45 pm, 2:40 pm
July 16 (Wed): 10:45 am, 11:40 am, 1:20 pm
July 17 (Thu): 10:15 am, 11:30 am, 12:45 pm
July 18 (Fri): 12:30 pm, 2:05 pm
Support and resistance levels
Support Zones:25,085 / 24,978 / 24,850 / 24,676 / 24,538 / 25,450
Resistance Zones:
25,320 / 25,434 / 25,566 / 25,600 / 25,911 / 26,230
These levels are expected to act as crucial pivots for price action through the week. Traders are advised to use these zones in conjunction with the mentioned time forecasts for higher probability setups.
Conclusion: Stay sharp, stay timed
With another High Alert period approaching, precision trading becomes more important than ever. As the previous week demonstrated, combining time and price offers a significant edge in anticipating market moves. Use these tools to your advantage—trade with discipline, stay nimble, and let the charts do the talking.
(The author is Director, Wealthview Analytics Pvt Ltd)
SEBI Registration – INH000009676
Disclaimer: Investments in securities markets are subject to market risks. Please read all related documents carefully before investing. Recommendations and views expressed are those of the author and do not represent the views of The Economic Times.
(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
