🔻 Bulls Struggle at Resistance – Markets Turn Weak, Eyes on US Data for Fresh Trigger! 📉

📍 Equity Bulletin – 18th July 2025:

Equity markets ended on a bearish note, with Nifty failing to break key resistance and witnessing sharp selling pressure** towards the close. Bank Nifty too faced rejection at its resistance and dragged lower, reflecting weak sentiment ahead of macroeconomic triggers.

💼 FII/DII Flow Activity

➤ Institutional behavior remains a major short-term driver.

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🔹 Nifty (Spot) Overview

Nifty failed to breach resistance and dragged sharply and closed on a weak note in the last trading session.

Support: 25000

Resistance: 25210 / 25300 / 25360

🔻 A break below 25000 may trigger further downside.

🔺 Upside momentum to resume only above 25210.

💡 Trading Strategy:

📈 Buy Nifty above 25210

🎯 Target: 25300 – 25360

🛡️ Stop Loss: Below 25080

🔸 Bank Nifty (Spot) Overview

Support: 56700

Resistance: 57200

🔺 Breakout above 57200 can fuel a short-term rally.

⚠️ Weakness to persist below 56700.

💡 Trading Strategy:

Bank Nifty unable to break its resistance of downward channel pattern and slipped.

📈 Buy Bank Nifty above 57200

🎯 Target:57500 – 57700

🛡️ Stop Loss:Below 56950

🌟 Top Pick for 18th July 🔷 IGL Futures (Indraprastha Gas Ltd)

📈 Buy above: 222

🛡️ Stop Loss: Below 216

🎯 Target: 230 – 235

💬 Volatility may spike as markets await domestic inflation data and global cues. Trade with proper risk management and watch key levels for intraday direction.

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