Sharp Fall as Sellers Dominate | Pharma Outperforms, Global Tariff
Concerns Continue

Nifty Market Analysis – 11 July 2025

Sharp Fall as Sellers Dominate | Pharma Outperforms, Global Tariff
Concerns Continue

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 Chapter 1: Opening Zone – Gap Down Opens the Gate to Volatility

Nifty opened with a gap-down of over 60 points, primarily reacting to
weak global cues and tariff fears across major economies.

Opening price: Around 25,300 levels

Despite the initial attempt to recover, the market showed no real
buyer strength.

Delta readings in the first 5 minutes were positive but not strong
enough, indicating lack of conviction from bulls.

The price was rejected near the Market Profile POC of 26 June,
reinforcing that sellers were in control from the start.

Market structure was fragile and unable to sustain even mild upticks.

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Chapter 2: Reversal & Breakdown – Sellers Take Over

Although the market attempted to bounce, the positive delta percentage
remained weak, signaling shallow buying.

Around 10:00 AM, Nifty started a sharp downward move, confirming that
the earlier recovery was just a bull trap.

Delta % turned more than -25%, showing heavy selling aggression.

From here, the market never looked back and fell over 200 points intraday.

A textbook example of weakness in disguise during early pullbacks.

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Chapter 3: Strategy – A Pure Buyer’s Day

India VIX rose by 1.6%, reflecting the sudden rise in volatility and
uncertainty.

Today was not a seller’s market in neutral strategies like:

 Short Straddles

 Short Strangles

Only the following worked well:

Put Buying

Call Option Selling
 Sellers without hedges were at risk due to the trend’s strength and
rising volatility.

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 Chapter 4: Key Support & Resistance Levels

25300 saw a notable increase in Call Open Interest, reinforcing it as
a strong resistance zone.

25000 Put Open Interest remained high — acting as the last standing support.

If 25000 breaks, the market may free-fall towards 24,850–24,800.

For a reversal to be considered, Nifty must reclaim 25,300 convincingly.

 Until then, bias remains bearish.

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Chapter 5: Sectoral Performance

Top Gainer: Pharma – Defensive buying supported this sector amid
market weakness.

Top Loser: Auto – Dragged down due to weak demand outlook and global
supply chain concerns.

Index Overview:

Nifty 50, Bank Nifty, and Sensex – All closed deep in red, with cuts
over 0.8% across the board.

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 Chapter 6: Global News & Market Sentiment

Global Trigger: Tariff Tensions Escalate

The U.S. tariff narrative took center stage again after ex-president
Donald Trump reiterated aggressive tariff threats, especially
targeting countries aligned with BRICS.

Meanwhile, China and the European Union are now involved in their own
intensifying trade dispute, adding to the uncertainty.

Global markets — including Dow Futures and FTSE — are trading flat to
negative amid cautious sentiment.

 Gift Nifty Today:

Gift Nifty is currently down by 40–50 points, indicating a weak start
expected tomorrow unless any reversal signal appears overnight from
global markets.

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 Outlook for 12 July 2025

Market has broken key intraday supports. Expect volatile movement
between 24850–25300.

Key factors to monitor tomorrow:

Gift Nifty opening

 U.S. market closing (CPI + tariff reactions)

 Any major statements from the RBI or global central banks

 Movement in India VIX — A sharp fall in VIX may invite short-covering

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 Final Thoughts

“Today was a reminder that markets can turn quickly. Smart traders
respected delta shifts and rode the trend with caution.”

Sellers had a clean day today, while buyers struggled. The only
profitable positions were directional and hedged, not neutral. With
global instability rising, the Indian markets are likely to remain
choppy in the coming sessions.