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After the storm on July 10, eyes now on July 15 — the next high alert!
After the storm on July 10, eyes now on July 15 — the next high alert!

Economic Times

time4 days ago

  • Business
  • Economic Times

After the storm on July 10, eyes now on July 15 — the next high alert!

Global headwinds, local profit booking Live Events Precision in price: Support & resistance levels held firm Timing the market: Time forecasts that worked Support and resistance levels (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel After a volatile week dominated by global jitters and profit booking, Indian equity markets ended lower, with the Nifty50 slipping 1.2% for the week ended July 11, selloff came amid renewed tariff threats by U.S. President Donald Trump, which spooked global investors and added pressure on risk market, which had previously rallied to higher levels, witnessed a bout of selling as investors opted to lock in gains. Sectorally, the brunt of the fall was borne by IT, auto, and metal stocks, which emerged as the top laggards for the week.A textbook trend reversal: July 10 lived up to the forecastIn our last note, we identified July 10 as a High Alert Day—a potential inflection point where a trend reversal could anticipated, the market exhibited strong momentum on that day, but a subsequent breakdown below July 10's low on Friday triggered a sharp decline. This confirmed July 10 as a textbook trend-shifting session, reinforcing our forecast key levels provided clear guidance throughout the week:Weekly High: 25,548.70 (vs. resistance at 25,586 — only 37 points off)Weekly Low: 25,129 (vs. support at 25,120 — just 9 points difference)Friday Intraday High: 25,322 (vs. projected level at 25,320)Key Magnet Level: 25,434 — acted as crucial support on July 7, 8, and 9These precise levels helped intraday and positional traders navigate the market with greater Time + Price framework once again proved its effectiveness:9:25 am: Day high formed at 9:35 am10:05 am: Swing low emerged11:20 am: Down move began2:15 pm: Swing low seen near 2:30 pm11:45 am: Swing low hit exactly on time9:30 am: Swing low11:20 am: Swing high12:20 pm: Momentum move began, peaked at 2:35 pm9:20 am: Day high1:55 pm: Fresh momentum initiated9:20 am: High formed by 9:40 am11:25 am: Sideways movement began post selling haltJuly 14–18Looking ahead, all eyes now turn to Tuesday, July 15, flagged as the next High Alert Day (±1 trading day). Traders should brace for elevated volatility and potentially strong intraday moves—ideal conditions for short-term and momentum trading 14 (Mon): 10:20 am, 11:30 amJuly 15 (Tue): 9:45 am, 12:45 pm, 1:45 pm, 2:40 pmJuly 16 (Wed): 10:45 am, 11:40 am, 1:20 pmJuly 17 (Thu): 10:15 am, 11:30 am, 12:45 pmJuly 18 (Fri): 12:30 pm, 2:05 pm25,085 / 24,978 / 24,850 / 24,676 / 24,538 / 25,45025,320 / 25,434 / 25,566 / 25,600 / 25,911 / 26,230These levels are expected to act as crucial pivots for price action through the week. Traders are advised to use these zones in conjunction with the mentioned time forecasts for higher probability sharp, stay timedWith another High Alert period approaching, precision trading becomes more important than ever. As the previous week demonstrated, combining time and price offers a significant edge in anticipating market moves. Use these tools to your advantage—trade with discipline, stay nimble, and let the charts do the talking.(The author is Director, Wealthview Analytics Pvt Ltd)SEBI Registration – INH000009676Investments in securities markets are subject to market risks. Please read all related documents carefully before investing. Recommendations and views expressed are those of the author and do not represent the views of The Economic Times.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)

After the storm on July 10, eyes now on July 15 — the next high alert!
After the storm on July 10, eyes now on July 15 — the next high alert!

Time of India

time4 days ago

  • Business
  • Time of India

After the storm on July 10, eyes now on July 15 — the next high alert!

After a volatile week dominated by global jitters and profit booking, Indian equity markets ended lower, with the Nifty50 slipping 1.2% for the week ended July 11, 2025. The selloff came amid renewed tariff threats by U.S. President Donald Trump, which spooked global investors and added pressure on risk assets. Global headwinds, local profit booking The market, which had previously rallied to higher levels, witnessed a bout of selling as investors opted to lock in gains. Sectorally, the brunt of the fall was borne by IT, auto, and metal stocks, which emerged as the top laggards for the week. A textbook trend reversal: July 10 lived up to the forecast In our last note, we identified July 10 as a High Alert Day—a potential inflection point where a trend reversal could unfold. Live Events As anticipated, the market exhibited strong momentum on that day, but a subsequent breakdown below July 10's low on Friday triggered a sharp decline. This confirmed July 10 as a textbook trend-shifting session, reinforcing our forecast methodology. Precision in price: Support & resistance levels held firm Our key levels provided clear guidance throughout the week: Weekly High: 25,548.70 (vs. resistance at 25,586 — only 37 points off) Weekly Low: 25,129 (vs. support at 25,120 — just 9 points difference) Friday Intraday High: 25,322 (vs. projected level at 25,320) Key Magnet Level: 25,434 — acted as crucial support on July 7, 8, and 9 These precise levels helped intraday and positional traders navigate the market with greater confidence. Timing the market: Time forecasts that worked Our Time + Price framework once again proved its effectiveness: July 8 (Mon): 9:25 am: Day high formed at 9:35 am 10:05 am: Swing low emerged 11:20 am: Down move began 2:15 pm: Swing low seen near 2:30 pm July 9 (Tue): 11:45 am: Swing low hit exactly on time July 10 (Wed): 9:30 am: Swing low 11:20 am: Swing high 12:20 pm: Momentum move began, peaked at 2:35 pm July 11 (Thu): 9:20 am: Day high 1:55 pm: Fresh momentum initiated July 12 (Fri): 9:20 am: High formed by 9:40 am 11:25 am: Sideways movement began post selling halt What to expect: July 14–18 Looking ahead, all eyes now turn to Tuesday, July 15, flagged as the next High Alert Day (±1 trading day). Traders should brace for elevated volatility and potentially strong intraday moves—ideal conditions for short-term and momentum trading setups. Time Zones to Watch: July 14 (Mon): 10:20 am, 11:30 am July 15 (Tue): 9:45 am, 12:45 pm, 1:45 pm, 2:40 pm July 16 (Wed): 10:45 am, 11:40 am, 1:20 pm July 17 (Thu): 10:15 am, 11:30 am, 12:45 pm July 18 (Fri): 12:30 pm, 2:05 pm Support and resistance levels Support Zones: 25,085 / 24,978 / 24,850 / 24,676 / 24,538 / 25,450 Resistance Zones : 25,320 / 25,434 / 25,566 / 25,600 / 25,911 / 26,230 These levels are expected to act as crucial pivots for price action through the week. Traders are advised to use these zones in conjunction with the mentioned time forecasts for higher probability setups. Conclusion: Stay sharp, stay timed With another High Alert period approaching, precision trading becomes more important than ever. As the previous week demonstrated, combining time and price offers a significant edge in anticipating market moves. Use these tools to your advantage—trade with discipline, stay nimble, and let the charts do the talking. (The author is Director, Wealthview Analytics Pvt Ltd) SEBI Registration – INH000009676 Investments in securities markets are subject to market risks. Please read all related documents carefully before investing. Recommendations and views expressed are those of the author and do not represent the views of The Economic Times.

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