🎯 Previous Week Projection: Analysis on Spot
In our previous weekly article, we highlighted that the high and low of June 22 would act as key reference levels for the market’s short-term direction. On June 23, Nifty closed below Monday’s low but Tuesday’s low remained intact and no momentum came into the market therefore, our previous analysis remains invalid for now.
We had also identified June 26 as an important date for intraday momentum. Since June 26 was a market holiday, the expected strong directional move was witnessed on Thursday instead, where the market displayed sharp momentum and offered attractive trading opportunities.
This once again reinforced how combining price structure with time-cycle studies can help traders identify high-probability setups.
📌 Market Highlights
The benchmark index Nifty extended its winning streak for a third consecutive week, marking its longest weekly gaining run in nearly seven months. The NSE Nifty 50 advanced 0.1% during the week, supported by a sharp decline in global crude oil prices, optimism over easing tensions between the U.S. and Iran, and improved maritime trade through the Strait of Hormuz.
Policy measures aimed at supporting the rupee and mobilizing foreign currency deposits further strengthened investor sentiment. However, gains remained capped by concerns over a weak monsoon outlook and continued uncertainty surrounding the Artificial Intelligence.
🌍 Global & Macro Developments
India foreign exchange reserves rose by $963 million to $672.587 billion in the week ended June 19 as surge in gold reserves offset the fall in foreign currency assets according to the data released by the RBI.
Foreign Institutional Investors (FIIs) remained active during the week, emerging as net buyers in two out of the four trading sessions. However, on an overall basis, they remained net sellers, offloading equities worth approximately ₹2,000 crore in the cash market.
The Indian rupee closed modestly stronger on Thursday and for the week as falling oil prices improved sentiment alongside signs of a pickup in foreign portfolio inflows, while caution lingered over the prospect of US rate hikes.
Crude oil prices extended their decline and returned to pre-Iran conflict levels, as improved shipping activity through the Strait of Hormuz eased supply concerns. Expectations of higher Middle East output and temporary relief from U.S. sanctions on Iran further pressured prices lower.
⏱️ 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 remained highly effective, with multiple sessions respecting the mentioned zones almost precisely.
🗓 Monday – 22nd June
Time Windows:
10:20 AM | 11:40 AM | 01:30 PM | 01:50 PM
- 🎯 Day high was formed near our projected time of 10:20 AM and near our mentioned resistance level of 24,125.
- 📍 Price faced resistance near this zone and struggled to sustain higher levels.
- Nothing significant occurred in the remaining projected time windows.
🗓 Tuesday – 23rd June
Time Windows:
10:20 AM | 11:20 AM | 12:25 PM | 01:15 PM
- 🎯 Day high formed near our projected time of 10:20 AM and near our resistance zone of 24,125, where price faced rejection.
- 📉 Strong selling pressure emerged near 11:20 AM, in line with our projected time cycle.
- 🎯 Day low was formed near our Lakshman Rekha level of 23,783.
🗓 Wednesday – 24th June
Time Windows:
09:25 AM | 12:15 PM | 01:30 PM
- 🎯 Day low formed near our projected time of 09:25 AM and near our Lakshman Rekha level of 23,783, where price found support.
- 📈 A strong bounce was seen after support confirmation.
- 📍 Swing low was formed near 12:15 PM.
- 🎯 Day high was formed near our projected time of 01:30 PM.
🗓 Thursday – 25th June
Time Windows:
10:15 AM | 01:35 PM
- 📉 Selling pressure emerged near our projected time of 01:35 PM.
- The market remained range-bound for most of the session before weakness appeared later.
Across the week, time clusters and projected levels remained highly effective, especially when combined with price confirmation and structural momentum.
⏰ Important Time Windows for the Week Ahead
(29th June – 3rd July)
Based on ongoing time-cycle analysis, the following intraday windows may remain significant:
🗓 Monday – 29th June
11:20 AM | 12:20 PM | 01:15 PM | 02:45 PM
🗓 Tuesday – 30th June
09:15 AM | 09:45 AM | 12:30 PM
🗓 Wednesday – 1st July
09:40 AM | 01:35 PM
🗓 Thursday – 2nd July
09:35 AM | 10:20 AM | 12:45 PM | 01:35 PM | 02:05 PM
🗓 Friday – 3rd July
09:15 AM | 11:20 AM | 01:15 PM | 02:40 PM | 03:10 PM
⚠️ These time clusters may indicate:
- Volatility expansion
- Swing highs / lows
- Momentum shifts
📊 Important Levels for the Week Ahead
🚫 Upside / Resistance Zone
24,125 | 24,382 | 24,450 | 24,480 | 24,535 | 24,646 | 24,685 | 25,002
🛡 Downside / Support Zone
23,935 | 23,872 | 23,812 | 23,783 | 23,466 | 23,332 | 23,230 | 22,858
📍 Market behaviour near these levels — especially when aligned with projected time windows — will be crucial in identifying momentum and market intent.
📍 Lakshman Rekha for Nifty
22,998 | 23,321 | 23,346 | 23,397 | 23,460 | 23,783 | 23,812 | 23,872 | 24,306 | 24,460 | 24,730 | 25,084
These levels remain highly sensitive price zones where market behaviour may shift significantly. Traders should watch price action carefully around these levels for signs of trend continuation or reversal.
🔎 Outlook for Next Week
Market Participants should keep a close eyes on Monday (29th June) will be a key session, with its high and low acting as important reference levels for the upcoming trend:
- Break above Monday’s high may trigger a bullish move
- Break below Monday’s low may lead to a bearish trend
Investors remain keenly focused on US PCE data, which will shape global market sentiment, along with non-farm payrolls and unemployment figures which will influence Fed rate expectations and overall risk appetite.
Domestically, Industrial production data and June PMI reading will provide an early signal ahead of the Quarter 1 earning season.
Additionally, Investors should monitor the trajectory of the monsoons and Foreign institution flows for further cues.
⚠️ Traders are advised to:
✔ Focus on price confirmation near key levels
✔ Respect risk management
✔ Avoid overtrading in volatile sessions
✔ 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.
