Hello MarketShalians, Welcome to explore today’s Global Market Pulse & India Trading Insights at MarketShala. Let us take a look at what major buzz related to the economic actions and trading levels are taking place in the country and the world and what impact they are going to have.
Table of Contents
Nifty Trading Levels
The daily chart of Nifty Future is visible in front of you. Although a fall of -.10 percent is seen today in the current future levels of Nifty, despite this we are keeping the handover in the GOOD category because if you look at the overall price and action of the whole day, new higher high and higher low have been formed on the charts. If no bad news comes overnight, then the sentiment appears to be positive. The trend is formed on the bullish side. The support and resistance levels of Nifty Future for tomorrow will be like this.
Handover – 24429
Support – 24137, 23906, 23878
Resistance – 24511, 24562, 24826
Bank Nifty Trading Levels
Bank Nifty witnessed a fall of -.42 percent today. Although today’s candle created an all time high for Bank Nifty, despite this the manner in which Bank Nifty closed at its lowest level is going to hurt the positive sentiments a bit. This is why we have kept the sentiment on the NEUTRAL side today. The handover is good due to higher high and higher low formation and the trend is still upwards. Bank Nifty traders should keep the below given levels in mind for tomorrow.
Handover – 55440
Support – 54712, 54582, 54423
Resistance – 55890, 56184
Stock of the day – 30.04.2025
We have kept HAVELLS stock on our radar for tomorrow. If we get it at current market price tomorrow, we will look at taking a buying position in it. Since Risk Reward Ratio is slightly higher than 1:2, if there is an opportunity slightly above or below it, we can enter it with a minimum RRR of 1:2. This trade will be a spot level trade and its important levels will be as follows.
Buy at CMP/1622
Stop Loss at 1582
Target Price at 1712
RRR at 1:2.21
India, Japan, and South Korea Lead Trade Talks with U.S. to Avoid Tariff Hikes Before July Deadline
Asian nations like South Korea, Japan, and India are taking proactive steps in trade negotiations with the Trump administration, especially as they grapple with the threat of increased U.S. tariffs on their exports. These countries are expected to finalize a limited, temporary deal aimed at avoiding harsh U.S. trade penalties before the 90 day window closes in early July. Currently, the U.S. is engaged in discussions with 18 major trading partners. According to Treasury Secretary Scott Bessant, talks, particularly those involving Asian economies, are showing promising progress.
Apple Moves iPhone Manufacturing to India as U.S.-China Trade Tensions Rise; PepsiCo Signals Unusual Profit Warning Due to Tariff Pressures
China has expressed strong confidence in meeting its 5% economic growth target for the year, despite ongoing trade tensions with the United States. Meanwhile, Apple is accelerating its shift away from China by planning to manufacture all U.S. bound iPhones in India. In 2024, around 28% of Apple’s global iPhone shipments amounting to 232.1 million units were destined for the U.S. To fully transition production for the U.S. market, Apple will need to significantly expand its manufacturing capacity in India.
In other developments, PepsiCo has revised its full-year profit outlook, now expecting no growth marking a notable shift in its financial trajectory. The company also sources key concentrate ingredients from Ireland, potentially exposing it to additional tariff costs. Historically, PepsiCo has been known for three core strengths: launching innovative beverages and snacks, aggressively managing costs to boost margins, and maintaining steady guidance. However, the current tariff uncertainty has triggered the company’s first guidance warning in decades.
Conclusion and disclaimer
The content on MarkShala.com is intended for educational and informational purposes only. We specialize in writing blogs on financial planning, investment strategies, economic trends, and related topics. While we strive to provide accurate and reliable information, the content should not be taken as professional financial, investment, or legal advice.
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