🎯 Previous Week Projection: Analysis on Spot
In our previous weekly article, we highlighted that Monday (July 6) would be a crucial session, with its high and low expected to act as important reference levels for the market’s short-term direction.
The market initially generated a bullish signal after breaking above Monday’s high on Tuesday. However, the breakout failed to sustain as buying momentum weakened. Subsequently, Monday’s low was breached on Wednesday, confirming bearish strength and triggering a sharp decline in the market.
We had also highlighted July 10 and July 13 as important dates from a positional trading perspective, with a high probability of a shift in the prevailing market trend around this time window. The market responded largely in line with this expectation. After witnessing sharp selling pressure over two consecutive sessions, Nifty staged a strong recovery by opening with a gap-up on Friday and closing nearly 1% higher, extending its gains for the second consecutive session.
The reversal near our projected time window once again reinforces the importance of combining Time Cycle Analysis with Price Action to identify potential market turning points.
📌 Market Highlights
Indian equity indices rose on Friday, The nifty gained over 1% led by information technology stocks after Tata Consultancy Services June quarter earnings met market expectations, easing geopolitical tensions and decline in crude oil prices further improved investors sentiment.
The benchmark indices, however, ended the week marginally lower, snapping a four week winning streak. The decline was triggered by an escalation in US-Iran tensions and a spike in crude oil prices in mid week before Friday gains helped trim the weekly losses.
Globally, easing oil prices and a recovery in the technology sector have further improved sentiment towards India, supporting a rebound in FII inflows. Importantly, the hawkish tone of the FOMC meeting has not weighed on the global market.
🌍 Global & Macro Developments
Foreign Institutional Investors (FII) have turned net buyers in the first week of July 2026, recording cumulative inflows of over Rs 3,241 crore in the cash market, reversing the cautious stance seen in late June. This shift reflects improving sentiment amid stabilising global cues and expectations of a constructive Q1 earning session.
Oil prices settled lower on Friday, However, on a weekly basis, both benchmark crude indices posted strong gains, with Brent crude rising around 5.5% and WTI gaining nearly 4% as investors continued to assess the risk of supply disruption from escalating tensions in the Middle East.
Meanwhile, the Indian Rupee remained largely unchanged on Friday but ended the week weaker compared to the previous week, as renewed geopolitical uncertainty increased caution toward oil-sensitive emerging market currencies.
⏱️ Time Analysis Performance: Week in Review
Even in a volatile market environment, our Time Cycle projections once again aligned effectively with several important intraday turning points. When combined with our projected price levels, the analysis continued to provide high-probability trading opportunities throughout the week.
🗓 Monday – 6th July
Time Windows:
10:00 AM | 10:35 AM | 01:47 PM | 02:40 PM
- 🎯 Day low formed near 10:00 AM and our Lakshman Rekha level of 24,295.
- 🎯 Day high formed near 01:47 PM and close to our Lakshman Rekha level of 24,460.
- 📍 No major price action developed during the remaining projected time windows.
🗓 Tuesday – 7th July
Time Windows:
12:30 PM
- 🎯 Day high formed near 12:30 PM and close to our projected 24,535 resistance level.
- 📉 Strong selling pressure emerged immediately afterward as price respected the resistance zone.
🗓 Wednesday – 8th July
Time Windows:
11:20 AM | 12:35 PM | 02:40 PM
- 🎯 Day high formed near 11:20 AM close to our Lakshman Rekha level of 24,295, where price faced resistance before reversing sharply.
- 📉 Day low formed near 02:40 PM close to our Lakshman Rekha level of 23,812.
🗓 Thursday – 9th July
Time Windows:
09:20 AM | 09:50 AM | 10:25 AM | 11:30 AM | 02:35 PM
- 📉 Swing low formed near 09:20 AM.
- 🎯Day high was formed between our mentioned time of 9:50 AM and 10:25 AM and near our mentioned level of 24,125
- 📉 Day low formed near 02:35 PM, close to our projected 23,935 support level.
🗓 Friday – 10th July
Time Windows:
09:15 AM | 10:35 AM | 11:30 AM | 11:50 AM | 12:50 PM
- 📉 Day low formed near 09:15 AM, close to our projected 24,125 level.
- 🎯 Swing high developed near 10:35 AM.
- 📍 No major price action developed during the remaining projected time windows.
Across the week, our Time Clusters and Projected Price Levels remained highly effective, particularly when combined with structural price confirmation and momentum analysis.
⏰ Important Time Windows for the Week Ahead
(13th July – 17th July)
Based on our ongoing Time Cycle Analysis, the following intraday windows may remain significant.
🗓 Monday – 13th July
10:10 AM | 10:55 AM | 11:20 AM | 01:35 PM
🗓 Tuesday – 14th July
10:15 AM | 10:45 AM | 11:45 AM | 03:00 PM
🗓 Wednesday – 15th July
09:40 AM | 10:55 AM | 11:15 AM | 12:30 PM | 01:55 PM | 02:40 PM
🗓 Thursday – 16th July
09:15 AM | 10:30 AM | 11:30 AM
🗓 Friday – 17th July
10:20 AM | 10:50 AM | 11:40 AM | 01:00 PM
These projected time clusters may indicate:
- Volatility Expansion
- Swing Highs / Lows
- Momentum Shifts
📊 Important Levels for the Week Ahead
🚫 Upside / Resistance Zone
24,382 | 24,450 | 24,480 | 24,535 | 24,646 | 24,685 | 25,023 | 25,082 | 25,165 | 25,231
🛡️ Downside / Support Zone
24,125 | 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 our projected Time Windows—will be crucial in identifying momentum and the market’s next directional move.
📍 Lakshman Rekha for Nifty
22,998 | 23,321 | 23,346 | 23,397 | 23,783 | 23,812 | 23,872 | 24,295 | 24,460 | 24,730 | 25,084 | 25,220
These remain highly sensitive price checkpoints where market behaviour may shift significantly. Traders should closely monitor price action around these zones, as they often coincide with trend continuation, reversals, and volatility expansion.
🔎 Outlook for Next Week
🎯 July 13 Could Offer Strong Intraday Opportunities
Market participants should closely monitor Monday (July 13), as the session is expected to offer attractive intraday trading opportunities. Strong momentum and directional price movement may emerge during the day, making it an important session for active traders.
🎯 July 15 Could Be a Potential Trend Reversal Window
Investors and traders should also focus on Wednesday (July 15), as it may emerge as an important turning point for the market.
There is a possibility that the prevailing trend could shift during or around this time window.
- If the market approaches July 15 in an established uptrend, the probability of exhaustion and a corrective reversal may increase.
- Conversely, if the market remains under pressure heading into this period, the possibility of a recovery or bullish reversal cannot be ruled out.
Apart from technical developments, investors will also closely monitor:
- Q1 FY27 corporate earnings
- India’s CPI inflation data
- US Core Inflation
- Commentary from Federal Reserve officials
- Geopolitical developments in West Asia
These factors are expected to play an important role in determining the market’s near-term direction.
🎯 Traders are advised to:
- ✔ Focus on price confirmation near key levels
- ✔ Maintain strict risk management
- ✔ Avoid overtrading during highly volatile sessions
- ✔ Use Time Clusters together with Price Action for higher-probability trading decisions
📌 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 intended solely for educational purposes. Investments in the securities market are subject to market risks. Always consult your financial advisor before making investment decisions.
