Market Prediction for 8th July 2025:
Comprehensive Nifty & Bank Nifty Analysis with Trading Strategies
Today’s Market Recap (7th July 2025)
The market opened flat-to-negative amid mixed global cues, with Nifty starting at 25,450.45 (just below yesterday's close of 25,461). Initial trading was rangebound between 25,407 - 25,489, reflecting caution before key economic data releases
Nifty Performance
- Open: 25,450.45
- High: 25,489.80
- Low: 25,407.25
- Close: 25,461.00
- Volume: 196,051,345 (vs. previous 193,511,595)
Bank Nifty Performance
- Open: 56,938.70
- High: 57,152.20
- Low: 56,838.55
- Close: 56,949.20
- Volume: 103,275,989 (vs. previous 93,858,205)
Key Observations
- Rangebound movement with no clear breakout.
- Higher volumes indicate accumulation near support.
- Bank Nifty underperformed compared to Nifty.
Global Market Influences
Global factors significantly impact the Indian Stock Market. Here’s what’s affecting the trend:
Crude Oil Prices ($67.08)
- Stable oil prices reduce inflationary pressure.
- Positive for OMCs (Oil Marketing Companies) like IOC, BPCL, HPCL.
Rupee (85.7/USD)
- A weak rupee benefits IT & Pharma exporters (TCS, Infosys, Sun Pharma).
- Negative for import-heavy sectors (Auto, FMCG).
European Markets (Flat to Bullish)
- Positive sentiment may lead to a gap-up opening in India.
Dow Futures (Bearish)
- Weak US markets could trigger profit-booking in Asian markets.
Market prediction for tomorrow
Nifty Prediction for 8th July 2025
Technical Analysis
- Support Zones:
- Immediate: 25,406
- Strong: 25,320
- Critical: 25,208
- Resistance Zones:
- Immediate: 25,500
- Strong: 25,570
- Critical: 25,737
Candlestick Pattern
- Doji Candle indicates indecision.
- A close above 25,500 confirms bullish momentum.
- A close below 25,406 signals bearish control.
Moving Averages
- 50-DMA: 25,200 (Strong Support)
- 200-DMA: 25,800 (Major Resistance)
Bank Nifty Prediction for 8th July 2025
Technical Analysis
- Support Zones:
- Immediate: 56,800
- Strong: 56,500
- Critical: 56,200
- Resistance Zones:
- Immediate: 57,150
- Strong: 57,500
- Critical: 57,800
Key Bank Stocks to Watch
- HDFC Bank, ICICI Bank, SBI – Leading momentum drivers.
- Kotak Bank, Axis Bank – Underperforming but may rebound.
Sector-wise Analysis
Bullish Sectors
- IT & Pharma (Weak rupee benefits exporters)
- PSU Banks (Attractive valuations)
Bearish Sectors
- Auto & FMCG (Rising input costs due to weak rupee)
- Realty (High-interest rates impact demand)
Derivatives & Options Data Insights
Nifty Options OI Data
- Max Call OI at 25,500 (Strong Resistance)
- Max Put OI at 25,400 (Strong Support)
Bank Nifty Options OI Data
- Max Call OI at 57,000 (Resistance)
- Max Put OI at 56,500 (Support)
FII & DII Activity
- FIIs net sellers (-₹1,200 Cr)
- DIIs net buyers (+₹800 Cr)
Trading Strategies for 8th July 2025
For Nifty
Scenario 1: Breakout Above 25,500
- Entry: Above 25,500 (15-min candle close)
- Targets: 25,570 → 25,656 → 25,737
- Stop Loss: Below 25,450
Scenario 2: Breakdown Below 25,406
- Entry: Below 25,406 (15-min candle close)
- Targets: 25,320 → 25,208 → 25,124
- Stop Loss: Above 25,450
For Bank Nifty
Scenario 1: Breakout Above 57,150
- Entry: Above 57,150 (15-min candle close)
- Targets: 57,500 → 57,800
- Stop Loss: Below 57,000
Scenario 2: Breakdown Below 56,800
- Entry: Below 56,800 (15-min candle close)
- Targets: 56,500 → 56,200
- Stop Loss: Above 57,000
Intraday Trading Tips
- Avoid trading between 25,406–25,500 (No Trading Zone).
- No bullish trades in bearish candles & vice versa.
- Follow strict stop-loss discipline.
Risk Management & Final Verdict
Key Risk Factors
- Global volatility (US Fed rate decisions, geopolitical tensions).
- Domestic inflation & RBI policy impact.
Final Market Prediction for 8th July 2025
- Nifty likely to remain rangebound (25,400–25,500).
- Bank Nifty may see higher volatility (56,800–57,150).
- A decisive breakout will dictate trend direction.
Recommendation
- Wait for confirmation before entering trades.
- Focus on IT, Pharma, and PSU Banks for swing trades.
Conclusion
Accurate market prediction requires analyzing multiple factors—technical levels, global cues, and derivatives data. For 8th July 2025, traders should watch 25,500 & 25,406 in Nifty and 57,150 & 56,800 in Bank Nifty for breakout opportunities.
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Disclaimer: This analysis is for educational purposes only. Trade at your own risk.