Nifty 50 seems to be struggling to get strong buyers to take it higher. The index touched an intraday high of 25,489.90 and has come down from there. It is currently trading at 25.425, down 0.14 per cent. The advances/declines ratio is at 19:31. This is negative. It indicates that more fall could be on the cards during the day.
Nifty 50 Outlook
Nifty has an immediate support in the 25,420-25,400 region. Resistance is around 25,480. If the Nifty manages to sustain above 25,400 the chances are high to break above 25,480. Such a break can take the index up to 25,560 during the day.
On the other hand, if the Nifty declines below 25,400, it can come under more selling pressure. In that case, a fall to 25,330-25,300 is possible.
Nifty Futures
The Nifty 50 July Futures (25,516) is down 0.08 per cent. The contract has support at 25,460 and resistance at 25,600-25,630. A breakout on either side of 25,460-25.630 will determine the next leg of move for the contract.
A break below 25,460 can take the contract down to 25,380. On the other hand, a break above 25,630 will be very bullish to see 25,800 and higher levels this week.
Trade Strategy
Since the Nifty 50 July Futures contract can go either way from here, we suggest traders to stay out on the market. See on which side of the 25,460-25,630 range is breaking and take trades accordingly.
Supports: 25,460, 25,380
Resistances: 25,630, 25,800
Published on July 7, 2025
