FRIDAY 

04-JUL-2025

 

Nifty index closed bearish indicating consolidation with negative bias-but maintained above short term (10-20 EMA) moving average-stocashtic sustained negative crossover with RSI at 60-POI: 25375

FLAT to NEGATIVE

Today’s Market Prediction:

• Indian stock market Would open FLAT
• Technically, Nifty is in the Bullish zone- BankNifty is in the Bullsh zone
• Nifty index formed a bearish candle with an upper shadow on the daily charts.
• India VIX fell by 0.48 percent to 12.39 levels.
• Kaynes Technology India:The company approved a further investment of $17.7 million to acquire 17.52 million shares in its subsidiary, Kaynes Holding Pte, at $1.01 per share in one or more tranches.
• InterGlobe Aviation:IndiGo has appointed Amitabh Kant as a Non-Executive Director on the Board of InterGlobe Aviation, subject to regulatory and shareholder approvals.
• Force Motors:Total sales in June grew by 13.2% to 2,889 units, up from 2,553 units YoY. Domestic sales rose 13.63% to 2,801 units, while export sales remained unchanged at 88 units.

Stocks in NEWS:-

• Emcure Pharmaceuticals:BC Investments IV (Bain Capital) is likely to sell a 2.4% equity stake in the company via block deals, reports CNBC-TV18 quoting sources. The deal size may be around Rs 551 crore. As of March 2025, BC Investments IV held an 8.68% stake in Emcure.

• Piramal Pharma:American investment giant Carlyle Group is planning to sell up to a 10% stake in Piramal Pharma via block trades, which could earn the private equity firm around Rs 2,600–2,700 crore, sources told Moneycontrol. As of March 2025, Carlyle held an 18% stake in Piramal Pharma.

• Sterling Powergensys:The Government of Maharashtra has issued an offer letter for mega projects to Sterling Powergensys.

• Reliance Industries:Reliance Retail Ventures (RRVL) announced a strategic minority investment in UK-based FACEGYM, a global innovator in facial fitness and skincare. This marks a pivotal step in RRVL’s continued expansion into the high-growth beauty and wellness space.

• Godavari Biorefineries:The company has been granted a patent in Europe for its novel anticancer molecule. This patent is now validated in Spain, the UK, and as a Unitary Patent. It covers a highly potent anticancer compound with proven efficacy against cancer and cancer stem cells, under the Anti-Cancer Research segment.

• Oil and Natural Gas Corporation (ONGC):ONGC has signed an agreement with Japan’s Mitsui O.S.K. Lines to build, own, and operate two Very Large Ethane Carriers (VLECs). These carriers will transport imported ethane to ONGC Petro Additions (OPaL), a subsidiary of ONGC, for captive feedstock use.

• Indian Energy Exchange:India’s electricity exchange achieved a traded volume of 10,852 MU in June 2025, marking 6.5% YoY growth. The Day-Ahead Market (DAM), including HPDAM, achieved 4,610 MU, down 5% YoY, while the Real-Time Market (RTM) volume rose 34% YoY to 4,312 MU.

• ICICI Lombard General Insurance Company:The Bombay High Court set aside a GST demand order and directed the adjudicating authority to re-hear the matter in light of the GST Council’s decisions and circulars. In December 2023, the company received an order demanding Rs 1,728.9 crore in GST and a Rs 172.9 crore penalty for the period from July 2017 to March 2022. The company had filed a writ petition against the order.

• NMDC:The Board has appointed G Anupama as Whole-Time Chief Financial Officer of the company until a new Whole-Time Director (Finance) takes charge or until further orders. G Anupama is currently the Chief General Manager (Finance).

• Aegis Logistics:The company has commissioned its liquified petroleum gas (LPG) cryogenic terminal at Pipavav for storage and terminalling of LPG, with a static storage capacity of 48,000 MT.

Market Indication:-

Global:FLAT to NEGATIVE

NIFTY: FLAT to NEGATIVE

BANKNIFTY: FLAT to NEGATIVE

PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, jumped to 0.99 on July 3, compared to 0.78 in the previous session.

BULK Deals:Indogulf Cropsciences,GRM Overseas,Ellenbarrie Industrial Gases etc. 

Stocks In F&O Ban Period:RBL Bank

Results Today:Nil

GIFT NIFTY:  (Positive) 

25511     +16.00    +0.06

FII-DII: DIIs net buy shares worth Rs 1078.51 crore, FIIs net sell Rs 1771.25 crore.

NIFTY (25405) The support for the Nifty is: 25380-25335-25255 and the Resistance to the up move is at: 25535-25585-25660 levels.

BANKNIFTY (56792): The support for BankNifty is: 56750-56650-56485 and the Resistance to the up move is at 57080-57180-57345 levels.

**********************************************************************************************************************************************************************

Note:

CHECK THE MARKET DIRECTION BEFORE YOU TRADE

WE ARE NOT ADVISORY or TIPS PROVIDERS
we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade. 

If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point)  then Qty should be taken as per this Risk: 250/5 = Qty 50