🎯 Previous Week Outlook Performance
In our previous weekly article, we highlighted that Monday (June 1) would be a crucial session, with its high and low expected to serve as important reference levels for the market’s near-term direction.
- Break above Monday’s high may trigger a bullish move
- Break below Monday’s low may lead to a bearish trend
On Tuesday, the market breached Monday’s low, initially signaling weakness, although buyers managed to provide support later in the session. However, selling pressure intensified on Wednesday, driving the market nearly 200 points below Monday’s low before a recovery emerged. Thursday witnessed largely range-bound and sideways trading On Friday, selling pressure resurfaced once again
📌 Market Highlight
The Indian equity benchmark posted notable losses during the week as domestic policy measures were mildly offset by persistent external uncertainties as geopolitical tensions in West Asia and their influence on crude oil prices continued to weigh on investor sentiment although some moderation in oil prices provided intermittent relief The nifty fell about 0.8% during the week taking their year to date losses to 10.6% weighed down by foreign outflows, elevated oil prices, limited AI exposure and moderate earnings
On Friday, The Nifty closed 49.85 points or 0.21% lower to close at 23,366.70 after the RBI raised its inflation forecast and lower its GDP projection for the ongoing fiscal
India foreign exchange reserves rose by $938 million to $682.321 billion in the week ended May 28 despite a significant dollar-rupee swap by the Reserve bank of India according to the data released by the RBI
The RBI’s Monetary Policy Committee kept the repo rate unchanged at 5.25% and maintained its neutral policy stance amid rising geopolitical tensions and inflation concerns. The central bank:
- Raised FY27 inflation forecast to 5.1%
- Reduced FY27 GDP growth projection to 6.6% from 6.9%
reflecting a more cautious outlook on the economy.
Foreign Institutional Investors remained net seller offloading equities worth around 31,000 crore during the week amid persistent geopolitical tensions, elevated crude oil prices and concerns over global capital outflows
The Indian Rupee strengthened against the US dollar slipping below the Rs 95 mark as investors welcomed the central bank efforts to attract foreign capital and support currency stability
⏱️ Time Analysis Performance: Week in Review
Even in a volatile environment, our time-cycle projections aligned effectively with several key intraday turning points, reinforcing the importance of combining time + price analysis.
Throughout the week, our projected price levels also played a crucial role, with multiple sessions respecting the mentioned zones almost precisely — highlighting the effectiveness of combining time clusters with structural price levels.
🗓 Monday – 1st June
Time Windows:
09:15 AM | 11:05 AM | 01:25 PM | 02:35 PM
🎯 Day high formed near our projected time of 09:15 AM and close to our Lakshman Rekha level of 23,783.
📉 Strong downward momentum emerged after 11:05 AM.
🎯 Day low formed near our projected time of 02:35 PM and close to our Lakshman Rekha level of 23,346.
🗓 Tuesday – 2nd June
Time Windows:
09:15 AM | 10:55 AM | 12:20 PM | 01:15 PM | 02:10 PM | 02:50 PM
📉 Day low formed near our projected time of 09:15 AM.
📈 Strong upward momentum emerged after 12:20 PM.
🎯 Day high formed near our projected time of 02:10 PM.
🗓 Wednesday – 3rd June
Time Windows:
01:30 PM | 03:00 PM
📉 Swing low formed near our projected time of 01:30 PM.
🎯 Day high formed near our projected time of 03:00 PM and close to our Lakshman Rekha level of 23,460.
🗓 Thursday – 4th June
Time Windows:
09:15 AM | 10:10 AM
📉 Day low formed near our projected time of 09:15 AM.
🎯 Day high formed near our Lakshman Rekha level of 23,460.
🗓 Friday – 5th June
Time Windows:
10:20 AM | 01:30 PM | 02:35 PM
📉 Day low formed near our projected time of 01:30 PM and close to our Lakshman Rekha level of 23,321.
🚫 Day high formed near our Lakshman Rekha level of 23,460, where price faced resistance multiple times during the session before reversing lower.
📍 Nothing significant occurred during the other projected time windows.
Across the week, time clusters and projected levels remained highly effective, particularly when used alongside price structure and momentum confirmation.
⏰ Important Time Windows for the Week Ahead
(8th June – 12th June)
Based on ongoing time-cycle analysis, the following intraday windows may remain significant and should be used alongside price action — not in isolation.
🗓 Monday – 8th June
09:25 AM | 10:30 AM | 11:15 AM | 12:25 PM | 03:15 PM
🗓 Tuesday – 9th June
11:15 AM | 01:05 PM | 02:35 PM
🗓 Wednesday – 10th June
10:55 AM | 11:15 AM | 12:25 PM | 12:50 PM | 01:35 PM
🗓 Thursday – 11th June
09:15 AM | 11:05 AM | 01:35 PM
🗓 Friday – 12th June
12:30 PM | 01:30 PM
⚠️ These time clusters may indicate:
• Volatility expansion
• Swing highs/lows
• Momentum shifts
📊 Important Levels for the Week Ahead
For intraday and short-term decision-making, the following price zones should be closely monitored:
🚫 Upside / Resistance Zone
23,466 | 23,783 | 23,812 | 23,872 | 23,935 | 24,140 | 24,382 | 24,450 | 24,480 | 24,535 | 24,646 | 24,685
🛡 Downside / Support Zone
23,345 | 23,320 | 23,230 | 22,858 | 22,798 | 22,558 | 22,516 | 22,450 | 22,005
📍 Market behaviour near these levels — particularly when aligned with projected time windows — will be crucial in identifying momentum and market intent.
📍 Lakshman Rekha for Nifty
22,474 | 22,998 | 23,321 | 23,346 | 23,395 | 23,460 | 23,783 | 23,812 | 23,872 | 24,306 | 24,450 | 24,730
These levels are important price checkpoints where market behaviour may become highly sensitive. Traders should closely monitor price action around these zones, as they may coincide with changes in momentum, volatility expansion, and increased market activity.
🔎 Outlook for Next Week
🎯 Monday’s High-Low Could Once Again Set the Tone
Monday (8th June) is expected to be a crucial session, with its high and low likely to act as important reference levels for the market’s near-term direction.
- A break above Monday’s high may trigger a bullish move.
- A break below Monday’s low may lead to a bearish trend.
🎯 June 12 & June 15 Could Be Key Dates
Market participants should closely monitor June 12, and for the following week, June 15, as these dates may offer attractive intraday trading opportunities for active traders. Strong directional price movements and elevated momentum may emerge around these sessions.
Additionally, June 12 and June 15 are expected to be important from a positional trading perspective, as there is a possibility of a shift in the prevailing market trend around these dates.
- If the market approaches these dates in an established uptrend, the probability of exhaustion and a corrective reversal could increase.
- Conversely, if the market remains under pressure heading into these dates, the possibility of a recovery or bullish reversal cannot be ruled out.
Investors remain keen on the progress of the monsoon and its implications for rural demand and economic activity.
On the external front, geopolitical developments, crude oil price movements, and updates regarding India–US trade discussions will remain important factors influencing market direction.
🎯 Traders are advised to:
✔ Focus on price confirmation near key zones
✔ Respect risk management
✔ Trade selectively in news-driven conditions
✔ Use time clusters with discipline
📌 Disclaimer
Research by Team WealthView Analytics Pvt. Ltd.
SEBI Registration No.: INH000009676
Registration granted by SEBI and certification from NISM do not guarantee performance or assure returns. This report is for educational purposes only. Market investments are subject to risk.
