Sunday, July 6, 2025

Nifty Outlook :- 07.07.2025 - CFA Hitesh Somani

CFA Hitesh Somani
MD - Aapka Investments 
Website - https://www.aapkainvestments.in

MARKETS TRADED ALMOST FLAT IN THE LAST WEEK. WILL THIS WEEK MARKET FIND THE TREND?

Last week we saw nifty with intraday moves but overall market on the weekly basis was flat. Nifty last week close was 25637 while on this Friday close that 25461. Which is almost 150 points negative from previous week which shows that big investor book some of the profit at the higher level.in the coming week we can expect some big moves on either side if nifty closes above 25650 then we can see nifty towards 26000 levels and if it breaks below 25200 levels, we can expect the sharp fall towards 24700 levels.

Banknifty in the last week was comparatively stronger than nifty as hdfc bank broke the big level of 2000.If in the coming week hdfc bank manages to close above 2100 then we may expect banknifty towards a new lifetime high.

Important Levels for Nifty Next Week

  •  Major Support Levels for Nifty
      • Support 1 – 25400
      • Support 2 – 25000     
      • Support 3 – 24700
  • Major Resistance Levels for Nifty
      • Resistance 1 – 25600
      • Resistance 2 – 26000
      • Resistance 3 – 26400

    Important Levels for Banknifty Next Week

    • Major Support Levels for Banknifty
        • Support 1 – 56600
        • Support 2 – 55800
        • Support 3 – 55100

    • Major Resistance Levels for Banknifty
        • Resistance 1 – 57200
        • Resistance 2 – 57600
        • Resistance 3 – 58200

    Important Stocks to Watch Next Week

    1) NAUKRI

    CMP @ 1485
    Buy Above @ 1490
    Stop Loss @ 1445
    Targets @ 1525, 1580 and 1630

    2) HAL

    CMP @c4990
    Buy Above 5021
    Stop Loss @ 4850
    Targets @ 5200, 5400 and 5600

    3) GUJGAS

    CMP @ 490

    Buy Above @ 510
    Stop Loss @ 460
    Targets @ 570, 630 and 700

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