After June 30 reversal, can July 10 shift the trend again? Harshubh Shah decodes


The Indian equity markets ended the week on a weaker note as investors opted to book profits at higher levels. The Nifty50 closed below the 25,500 mark, registering a weekly loss of 0.69% for the period ended July 4, 2025.

In our previous analysis, we identified June 30 as a crucial inflection point — a date that could define the Nifty’s next directional move.

That outlook played out accurately: June 30 marked the weekly high, and once the low of that day was breached, the Nifty witnessed three consecutive sessions of lower lows, confirming a short-term downtrend.

Precision in Price Levels

Our predefined levels worked with remarkable precision throughout the week:

The 25,566–25,600 zone acted as a strong resistance, with daily highs on July 1st, 2nd, and 3rd repeatedly stalling at this range.


The weekly low was formed at 25,331, almost exactly aligning with our projected support of 25,320.

Time-Based Accuracy in Action

Time zone-based forecasting added another dimension of clarity:June 30 (Monday): The day’s high occurred exactly at 9:25 AM, with swings near our key time zones of 11:10 AM and 12:35 PM.

July 1 (Tuesday): The intraday low hit around 11:20 AM, right on cue.

July 2 (Wednesday): The sell-off paused around 11:20 AM and picked up again near 12:45 PM.

July 3 (Thursday): A volatile swing low occurred on the first candle at 9:25 AM.

July 4 (Friday): The day’s low formed at 12:20 PM, followed by a sharp rally beginning around 2:30 PM, again in sync with our mapped time zones.

This confluence of price levels and time cycles once again proved to be a powerful edge for disciplined traders.

Impulse Dates & Time Cycles for July 7–11, 2025

High-Alert Day: July 10

The July 10 session could be a major turning point. Watch the high and low of the day closely — they may offer critical clues for a breakout or breakdown.

July 10 alertETMarkets.com

These time windows are critical for spotting intraday reversals, momentum acceleration, or signals of trend exhaustion.

Nifty Key Levels to Watch

Support Zones: 25,434 | 25,320 | 25,120 | 24,978 | 24,856

Resistance Zones: 25,586 | 25,600 | 25,910 | 26,234

Weekly Trading Outlook

All eyes are now on Thursday, July 10, which could serve as a decisive day for market direction. Traders are advised to monitor price action and intraday time slots closely for cues.

Stay disciplined. Respect time. Respect levels.

(The author is Director, Wealthview Analytics Pvt Ltd)

(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of The Economic Times)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *