TUESDAY 

01-JUL-2025

 

Nifty index closed in red with bearish engulf formed at swing high of daily chart-RSI at 65-POI: 25475

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, resembling a Bearish Engulfing pattern at the swing high on the daily charts.
• India VIX up by 3.20 percent to 12.79 levels.
• HCL Technologies:The global technology company has announced a multi-year strategic collaboration with OpenAI to drive large-scale enterprise AI transformation.
• Bharat Electronics:BEL has secured additional orders worth Rs 528 crore since June 20. Major orders include radars, communication equipment, EVMs, jammers, shelters, control centres, spares, and services.
• Godrej Industries:The company has made an additional investment of Rs 285 crore in its subsidiary Godrej Capital. As a result, Godrej Industries’ shareholding in Godrej Capital has increased from 89.48% to 90.89%.

Stocks in NEWS:-

• Kalpataru Projects International:The company has secured new orders worth approximately Rs 989 crore in the power transmission and distribution (T&D) segment in the overseas market. With these new orders, its total order intake in FY26 has reached Rs 7,150 crore.

• KSB:KSB has received an order for the supply of 15 sets of main boiler feed pumps (along with booster pumps, motors, and accessories) from Larsen & Toubro for NTPC’s supercritical power plant projects—Gadarwara STPP Stage-II (2x800 MW) and Nabinagar STPP Stage-II (3x800 MW).

• NCC:NCC has received orders worth Rs 1,690.51 crore in June 2025, related to the building division.

• Hindustan Copper:Hindustan Copper has signed a memorandum of understanding (MoU) with Coal India. Their focus is to jointly identify and evaluate opportunities in the copper and critical minerals sectors.

• AAVAS Financiers:Aquilo House Pte has acquired 2.09 crore shares of AAVAS Financiers from the former promoters. With this, Aquilo House becomes the new promoter of AAVAS Financiers.

• Ashok Leyland:S Mahesh Babu has resigned as CEO of Switch Automotive Mobility, effective August 31, 2025. Ganesh Mani will take additional charge as CEO of Switch Automotive Mobility effective September 1. He is currently the Chief Operating Officer of Ashok Leyland.

• Astec Lifesciences:The Board has approved a rights issue of 28.01 lakh shares worth Rs 249.35 crore, priced at Rs 890 per share. The issue will open on July 14 and close on July 28. Eligible shareholders will receive the rights issue in a 1:7 ratio.

• Bank of India:Bank of India has reduced its marginal cost of fund-based lending rates (MCLR) by 5 basis points across all tenures, effective July 1.

• Can Fin Homes:The Board has appointed Abhishek Mishra as Chief Financial Officer (CFO) for a period of three years effective June 30. This follows the resignation of Interim CFO Prashanth Joishy, who will continue as Deputy General Manager.

• Yes Bank:Shweta Jalan has resigned as Non-Executive Director of Yes Bank and as nominee of Verventa Holdings. The Board has approved the appointment of D Shivakumar, nominee of Verventa Holdings, as an Additional Director.

• Bharat Forge:The Board has approved the transfer of its defence business to its subsidiary Kalyani Strategic Systems via optionally convertible redeemable preference shares (OCRPs) valued at Rs 500 crore.

• ESAF Small Finance Bank:The bank has transferred its NPAs and technically written-off loans worth Rs 733.4 crore to an asset reconstruction company (ARC) for Rs 73.34 crore.

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, dropped sharply to 0.81 on June 30, compared to 1.25 in the previous session.

BULK Deals:Jyoti CNC Automation,One Mobikwik Systems,Beardsell etc. 

Stocks In F&O Ban Period:RBL Bank

Results Today:Nil

GIFT NIFTY:  (Positive) 

25630     +29.50    +0.12

FII-DII: DIIs net buy shares worth Rs 3383.01 crore, FIIs net sell Rs 787.62 crore.

NIFTY (25517) The support for the Nifty is: 25480-25430-25355 and the Resistance to the up move is at: 25630-25675-25750 levels.

BANKNIFTY (57313): The support for BankNifty is: 57215-57115-56955 and the Resistance to the up move is at 57535-57635-57795 levels.

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Note:

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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