DLF is confronting its crucial 808 cash support. Should this floor give way, expect a rapid descent towards 771 and then 741 in the coming days. From a time standpoint, July 30th and 31st are marked as key cycle dates, potentially dictating DLF’s next significant move.

https://ganninsides.com/2025/07/08/decoding-axisbanks-stagnation-technicals-and-critical-dates/

Our bearish call on AXISBANK, initiated on July 8th, has been decisively validated. We highlighted the significance of the ₹1155 breakdown level, and its breach yesterday unequivocally confirmed our downside projection, leading to the ₹1100 cash target being achieved today. This rapid fulfillment underscores the strength of the move post-breakdown.

At its intraday low, AXISBANK has now arrived at a pivotal support confluence: the ₹1065 to ₹1085 zone on the cash chart. This area represents a critical decision point for the stock.

Looking ahead: The market’s immediate focus shifts entirely to the resilience of this support band. A sustained break below the ₹1065-1085 range would signal a significant deterioration in the technical structure, opening the door for an accelerated decline towards ₹1031 and potentially ₹991 in the very near term. Conversely, a strong bounce from this zone could indicate a temporary reprieve or consolidation.

Traders and investors should monitor this key support with extreme vigilance, as a decisive move here will dictate AXISBANK’s trajectory for the remainder of the week and potentially beyond.

Get ready for action, INFY traders! We’re staring down a critical Gann time cycle on July 24th, directly coinciding with the Q1 earnings release on July 23rd. This isn’t just any cycle; it marks a full rotation from the April 7th low of 1307, signaling a potential major turning point for the stock. Expect serious volatility.

Price Levels to Watch:

Resistance at 1649: This is the current ceiling. A break above it is unlikely, and it could mark the end of the recent rally.

Key Support at 1558 (Cash): Holding this level is crucial. As long as INFY stays above 1558, immediate downside risk is limited.

Downside Targets if 1558 Breaks: If 1558 gives way, be prepared for quick moves to 1526, 1490, and potentially 1450, or even lower.

Given this setup, we’re not waiting. We’re looking at options strategies that can profit from significant price swings in either direction. Whether INFY bounces off resistance or crashes through support, our options playbook will aim to capitalize on the post-earnings volatility. Think straddles or strangles to capture the magnitude of the move.

All eyes will be on Reliance this Friday as its post-market results release is poised to dictate Monday’s opening. Technically, the stock’s dip to 1471 this morning put a significant support level to the test. A definitive close below this point would signal a potential downward move, eyeing 1435 and even 1396 in the cash segment within the coming days. Furthermore, July 18th and 21st are key time cycle dates to watch closely. However, if 1471 proves to be a strong floor and Reliance can push past 1512, we could witness a strong upward surge towards 1556 and potentially 1600 in cash.”

“AXISBANK has been literally flat for several weeks now. Unlike NIFTYBANK, it has not made a fresh high, so on July 14th, that will officially complete one year from its prior peak of 1339, registered on July 12th, 2024. At the current technical setup, the stock is not at all strong. However, to make things more bearish, the stock has to break 1155 on cash. Below 1155, we should see 1130 and 1100 on cash in the next few days. On the time cycle front, July 11th and July 14th are going to be critical cycle dates.