Market Outlook: Technical Call Of The Day & Top 5 Stocks In Focus For 30th Jul 2025

Nifty index opened on a negative note and immediately dipped to 24600 zones after which the index staged a massive recovery throughout the day and headed towards 24850 zones in the last hour of the session. It formed a bullish candle along with a Bullish Engulfing price pattern on daily frame and closed with gains of around 140 points. Now it has to hold above 24750 zones, for an up move towards 25000 then 25100 zones while support can be seen at 24600 then 24442 zones.

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On option front, Maximum Call OI is at 25000 then 25200 strike while Maximum Put OI is at 24800 then 24700 strike. Call writing is seen at 25150 then 25800 strike while Put writing is seen at 24800 then 24700 strike. Option data suggests a broader trading range in between 24300 to 25300 zones while an immediate range between 24600 to 25100 levels.

 S&P BSE Sensex index opened on a negative note and witnessed high volatile moves in the first half of the session. During this period it failed to cross the 81000 mark and came under selling pressure but managed to hold the support levels, later recovering to cross the 81000 mark and closing above it. The index moved higher in the latter part of the session and managed to close near its day’s high above 81300 zones.

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On the daily chart, it formed a strong bullish candle and closed with gains of around 450 points, indicating buying interest from strong support levels. Now till it holds above 81000 zones, strength can be seen towards 81600 then 81900 zones while supports can be seen at 81000 then 80700 zones.

Bank Nifty index opened on a negative note but remained consolidative in a narrow range of 200 points between 55800 to 56000 zones in the first half of the session. Some recovery was seen in the latter part of the session towards 56300 levels but it remained choppy as momentum was missing at higher zones. It formed a bullish candle on daily scale as it closed above its opening levels but is forming lower highs from the last few sessions. Now it has to hold above 56000 zones for a bounce towards 56500 then 56750 levels while a hold below the same could see some weakness towards 56000 then 55750 zones.

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Nifty future closed positive with gains of 0.54% at 24843 levels. Positive setup seen in Tata Chemical, VBL, Amber Enterprises, Jio Financial, Torrent Pharma, DR Reddy, PI Industries, Syngene, Biocon and Exide Industries while weakness in IEX, Petronet, Kfintech, Crompton, SBI Card, Poonawalla Fincorp, NBCC, PNB Housing, Torrent Power and Bandhan Bank.

DBREALTY - TECHNICAL CALL OF THE DAY

The risk-reward for DB Realty looks favourable after the stock was under pressure after the company traded ex-date on 18th July 2025 as the company had spin-off wherein the Hotel Business will be demerged from the Parent company and it will be listed on exchanges as a new entity. The current RSI appears to be in oversold territory and a positive RSI divergence is also visible on daily charts indicating bullish implications. 

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BUY DBREALTY CMP 185.28 SL 176.29 TGT 202.00

Top stocks to watch out for 30th Jul

Intellect Design:

• Intellect Design has announced the launch of pilot implementations of its next-generation platform, eMACH.ai, for leading South African banks. This initiative represents a major milestone in the transformation of South Africa’s wholesale banking infrastructure, directly aligning with the National Development Plan (NDP) 2030 and the nation’s broader digital economic ambitions, and reaffirms Intellect’s deepening commitment to partnering with South African institutions in their journey towards a fully digital, inclusive financial ecosystem. 

Cyient:

• Cyient Semiconductors Pvt Ltd, a wholly owned subsidiary has incorporated an entity ‘Cyient Semiconductors Singapore Pte. Limited’ in Singapore. The rationale behind this acquisition is to conduct Engineering design and consultancy actvities; Research and experimental development on engineering. 

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Hind Rectifiers:

• The company reported a strong start to FY26 with a 58.5% YoY revenue growth in Q1, reaching Rs 214.8 crore. EBITDA grew 66.9% YoY to Rs 24.2 crore, with margins improving to 11.3%, while PAT surged 85.5% YoY to Rs 12.8 crore. This growth reflects a focus on product mix, cost control, and operational discipline. Further, the company is gearing up for exponential growth driven by a robust Rs 1,025 crore order book, successful commissioning of in-house propulsion systems, and expanding manufacturing capabilities that are strategically aligning with the Indian Railways Rs 11 lakh crore capex push and eyeing global traction converter exports for long term value creation.

Jio Financial:

• Jio Financial will remain in focus as the Board Meeting is scheduled for considering Fund raise. Promoters & Ambani Family are likely to hike stake by 4-5%. Post fund raise promoters stake will be nearly 51%. Promoters likely to infuse nearly Rs 10,000 crore and pricing likely to be in the range of Rs 320-325 per share.