Stock Market Technical Analysis | 30th Jun to 6th July 2025 Weekly Wrap
07 Jul 2025
Stock Market Technical Analysis
Catch the latest Nifty and equity market update. Explore bullish momentum trends, stock market insights, and technical stock analysis in our weekly wrap for 30th June to 6th July, 2025.
Expert recommendation by:
- Mr. Arpan Shah - Head of Technical Research
- Mr. Ketan Kaushik - Derivative Analyst
Equity
- Benchmark Index traded rangebound in the previous week before closing with 0.69% cut at 25461 level. Banking Index performed in line with the benchmark index as it closed with 0.72% cut at 57032 level.
- Among the Nifty constituents, APOLLOHOSP and BEL outperformed the benchmark index as they closed with 3.35% and 3.15% gains while TRENT and AXISBANK underperformed as they closed with 9.36% and 3.88% cut respectively. Among the Bank Nifty constituents IDFCFIRSTB outperformed the benchmark index as it closed with 7.63% gain while AXISBANK
underperformed as it closed with 3.88% cut. - Among sectors, NIFTYPHARMA index outperformed the benchmark index during the previous week as it closed with 2.08% gain while NIFTYREALTY index underperformed as it closed with 2.21% cut. Broader market outperformed the benchmark index as both MIDCAP index and SMALLCAP index closed with 0.49% and 0.30% gains respectively.
- Volatility index (India VIX) closed with 0.56% cut at 12.32 level.
- FII were net sellers as they sold stocks worth Rs 6561Cr while DII were net buyers as they bought stocks worth Rs 7495Cr during the previous week in the cash segment.
- Globally, equity markets traded mixed as US market (DJIA) closed with 2.30% gain while European markets (STOXX 600) closed with 0.46% cut.
Derivatives
- Derivatives data for Nifty suggest max OI addition at 27400 call and 25200 put with max OI at 26500 call and 25000 put side (10th Jul expiry). Nifty cumulative PCR closed at 0.93 for Jul 04.
- Derivatives data for Bank-nifty suggest max OI addition at 57000 call and 55000 put with max OI at 56000 for both call and put side (31st Jul expiry). Bank-nifty cumulative PCR closed at 1.01 for Jul 04.
Performance
| Indices | Close | Weekly % Change |
|---|---|---|
| NIFTY 50 | 25461 | -0.69% |
| BANK NIFTY | 57031.9 | -0.72% |
| FINNIFTY | 26866.3 | -1.75% |
| NIFTY NEXT 50 | 68607.8 | -0.15% |
| MIDCAP SELECT | 13416 | 0.57% |
| SENSEX | 83432.89 | -0.74% |
| VIX | 12.32 | -0.56% |
Source: NSE
Sector Gainers/Losers
| Sector | Close | Weekly % Change |
|---|---|---|
| NIFTY AUTO | 23980.4 | -0.11% |
| NIFTY FMCG | 54735.6 | -0.68% |
| NIFTY IT | 39166.55 | 0.89% |
| NFTY METAL | 9580.4 | 0.02% |
| NIFTY PHARMA | 22384.6 | 2.08% |
| NIFTY PSE | 10109.35 | 0.31% |
| NIFTY PSU BANK | 7152.95 | 1.96% |
| NIFTY PRIVATE BANK | 28065.85 | -1.54% |
| NIFTY REALTY | 971.95 | -2.21% |
| NIFTY MEDIA | 1761.75 | 0.80% |
| NIFTY IND DEFENCE | 8940.45 | 1.73% |
| NIFTY MIDCAP | 59677.75 | 0.49% |
| NIFTY SMALLCAP | 19033.05 | 0.30% |
Source: NSE
FII / DII ACTIVITY (WEEKLY)
| INDEX | Rs in Cr |
|---|---|
| FII | -6561 |
| DII | 7495 |
Source: NSE
SUPPORT/RESISTANCE LEVEL FOR UPCOMING WEEK
| INDEX | BIAS | S2 | S1 | CLOSE | R1 | R2 |
|---|---|---|---|---|---|---|
| NIFTY | VOLATILE | 24800 | 25000 | 25461 | 25900 | 26200 |
| BANK NIFTY | VOLATILE | 55000 | 56000 | 57031.9 | 58000 | 58500 |
| FINNIFTY | VOLATILE | 26200 | 26400 | 26866.3 | 27350 | 27550 |
Source: NSE
DAILY EXPONENTIAL MOVING AVERAGE
| INDEX | CLOSE | 9 DAYS | 21 DAYS | 50 DAYS | 100 DAYS | 200 DAYS |
|---|---|---|---|---|---|---|
| NIFTY | 25461 | 25385 | 25189 | 24783 | 24368 | 23986 |
| BANK NIFTY | 57031.9 | 56913 | 56516 | 55464 | 54027 | 52504 |
| FINNIFTY | 26866.3 | 26897 | 26767 | 26339 | 25626 | 24691 |
Source: NSE
TECHNICAL OUTLOOK
NIFTY (WEEKLY)
- Benchmark index traded rangebound in the previous week and closed with indecisive candlestick formation on the weekly chart
- Benchmark index is likely to trade volatile in the coming week.
- Benchmark Index has support at 25000
- 24,800 level and resistance at 25,900
- 26,200 level.
BANKNIFTY (WEEKLY)
- Banking index performed in line with the benchmark index and closed with indecisive candlestick formation on the weekly chart
- Banking index is likely to perform in line with the benchmark index in the coming week
- Banking index has support at 56,000-55,500 and resistance at 58,000 -58,500 level
FINNIFTY (WEEKLY)
- FINNIFTY index underperformed the banking index and closed with indecisive candlestick formation on the weekly chart
- FINNIFTY is likely to trade in line with the banking index in the coming week
- FINNIFTY has support at 26,400-26,200 level and resistance at 27,350-27,550 level
Disclaimer - Investments in securities market are subject to market risk, read all the related document carefully before investing.
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