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Between 30 June-4 July, both Nifty 50 and Sensex closed down 0.70%.
The fourth trading day of the week starting tomorrow in the stock market, ie June 10, is going to be important. According to Harshubh Shah, director of wealth-view analytics, this day can decide the next direction of the market. At the same time, he has given some special time and level in his weekly market report.
Apart from this, the Indo-US trade deal, the first quarter i.e., from the results of April-June companies to the purchase and sale of foreign investors and technical factors will decide the market moves. Let us understand what can happen in the market this week…
Important level of Nifty
Support Zone: 25,434 | 25,320 | 25,120 | 24,978 | 24,856
Support means the level where the share or index falls from falling down. The price does not go down easily due to increasing shopping here. You can get a chance to shop at these levels.
Resistance Zone: 25,586 | 25,600 | 25,910 | 26,234
Resistance, ie, the level where the stock or index is hindered. This happens due to increasing selling. If the Nifty Registration crosses the zone, a new fast may occur.
The date of July 10 is important for the market
According to the report, July 10 can be a turning point for the market. Harshubh Shah said that traders should pay special attention to the price action and time mentioned on this day, so that the direction of the market can be estimated. Maintain discipline. Respect time, respect the levels.
Analysis of last week report
Harshubh Shah said- In our previous report, we had described June 30 as an important day. On this day, the Nifty created the highest level of the week, but as soon as the lower level of that day was broken, the market saw a decline for three consecutive days. It was a clear indication that the market has begun to below.
Monday, June 30: 9:25 AM, 11:10 AM, 12:35 PM, and 2:40 PM time was given. High at 9:25 am. The rest of the time also good swings were seen in the market.
Tuesday, July 1: 9:15 AM, 10:20 AM, 11:20 AM was given time. On this day, the day was made at the time mentioned at 11:20 in the morning.
Wednesday, 2 July: 11:20 AM, 12:45 PM was given time. On this day, the selling stopped at 11:20 am and again intensified at 12:45 pm.
Thursday, 3 July: 9:25 AM, 12:15 PM time was given. The report said that Voletty was made on this day at 9:25 am.
Friday, 4 July: 12:20 PM, 1:35 pm, was given time of 2:30 PM. Low was made at 12:20 pm and fast shopping started at 2:30 pm.
Now 5 factors who can decide the direction of the market…
1. India-US Trade Agreement: Tariff deadline is close
The ongoing business talks between India and America will be in the headlines this week. US President Donald Trump had given a 90 -day discount on tariffs till 9 July, and now the deadline is about to end. If there is an agreement between the two countries, it will be good news for the market.
Especially areas like IT, Pharma, and Auto can be seen to be seen. But if the conversation fails, increasing tariffs may increase the market uncertainty.
2. Results of Q1 FY26: Start with TCS and DiMart
The results of the first quarter (April-June 2025) of corporate companies this week are beginning. The first eye will be on IT veteran TCS and retail company Avenue Supermarts (DIRT). These results will set the mood for the entire quarter season. Experts believe that the results may be better this time due to low inflation, reduction in interest rates by Reserve Bank of India (RBI), and strong economic growth. If the results of companies are good with expectations, then the market may see a boom trend.
3. Monsoon performance: Good news for agriculture sector
This year, the monsoon has been good in June 2025. The rain has been 8.9% more than normal, which is good news for the agriculture sector. The good monsoon strengthens the rural economy, which can benefit FMCG, auto, and agriculture companies. Investors will keep an eye on whether this positive monsoon trend continues or not.
4. Activities of foreign investors: selling pressure
In July, foreign portfolio investors (FPI) have sold Rs 5,773 crore from the Indian stock market. If foreign investors continue selling, the pressure on the market may increase. However, domestic institutional investors (DIIs) are constantly shopping, supporting the market.
5. Global and Domestic Economic Factors
Global and domestic economic factors will also have an impact on the market. The recent meeting of the Federal Open Market Committee (FOMC) in the US will be released this week, which are important for global investors. Apart from this, crude oil prices, rupee-dollar trends and global markets will also affect the Indian market. Such trends will play an important role in deciding the direction of the market.
Stock market closed down 0.70% last week
Between the last trading week i.e. on 30 June-4 July, both Nifty 50 and Sensex closed down 0.70%, which broke their two weeks of uproar.
This decline came mainly due to profits, as investors are taking a cautious stance before significant global trade events.
On the last trading day of the week i.e. Friday, July 4, the Sensex climbed 193 points to close at 83,433. The Nifty rose by about 56 points, closed at 25,461.
