Stock Market Today: Trade Setup for Nifty 50, Trump Tariffs, Q1 Results & Stocks to Buy or Sell on Monday

Nifty 50 Faces Resistance Amid Trump Tariff Worries and Global Uncertainty

The Indian stock market closed the week ending August 1, 2025, on a cautious note, with benchmark indices reflecting bearish sentiment. The Nifty 50 ended the week over 1% lower at 24,565.35, pressured by Trump tariff announcements, Q1 corporate earnings, and mixed global cues.

Weekly Performance: Sector Highlights

Bank Nifty also declined by over 1%, ending at 55,617.60.
Underperforming sectors:
- Realty
- Pharma
Outperforming sectors:
- FMCG
- Industrials

Mid-cap and small-cap indices witnessed stronger selling pressure, indicating risk aversion among investors ahead of key macroeconomic triggers.

Trade Setup for Monday: Key Nifty 50 Levels to Watch

According to technical analysts, the Nifty 50 support zone lies between 24,400 and 24,350. A breakdown below this support could intensify selling pressure and lead to deeper correction.

Resistance Levels to Watch

Immediate resistance is placed between 24,900 to 24,950, which aligns with the 50-day EMA.
If the Nifty crosses this hurdle, a short-term rally may unfold.

Sudeep Shah, VP & Head of Technical and Derivatives Research at SBI Securities, noted:
“Until Nifty sustains above 24,950, we may not see significant upside. Traders should maintain a cautious stance and follow strict stop losses.”

Macro & Earnings Outlook: High Volatility Expected

This week is expected to witness heightened market volatility due to:

Central bank meetings (global rate decisions)
Ongoing Q1 corporate earnings
Global trade tensions led by Trump’s proposed tariffs

Investment Strategy This Week

Adopt a defensive and cautious approach
Focus on selective accumulation in high-quality, fundamentally strong stocks during dips
Avoid high-beta sectors like IT and Metals until clarity emerges on global trade policies

Ajit Mishra, SVP Research at Religare Broking, added:
“Risk management is crucial. Traders should limit exposure and watch for cues from the US-China trade developments.”

Top Stocks to Buy or Sell on Monday (August 5, 2025)

1. CCL Products (India) Ltd – Buy Recommendation

Entry Price: ₹894
Stop Loss: ₹862
Target Price: ₹957
Trend: Bullish
Pattern: Ascending triangle breakout

Technical Outlook:
The stock is showing strength with a bullish candlestick on the daily chart. A decisive close above ₹915 would confirm breakout, making it attractive for short-term gains.

2. Central Depository Services (India) Ltd (CDSL) – Buy Recommendation

Entry Price: ₹1478
Stop Loss: ₹1450
Target Price: ₹1540
Trend: Bullish reversal

Technical Outlook:
CDSL has reversed from its strong support zone of ₹1450 and is maintaining a bullish structure, pointing toward an upward price retracement.

Intraday Stock Picks by Shiju Koothupalakkal

3. TVS Motor Company Ltd – Buy for Intraday

Entry Price: ₹2858
Stop Loss: ₹2500
Target Price: ₹2970
Bias: Bullish momentum
Indicator: RSI turning positive

Technical Outlook:
TVS Motor has picked up from the critical 50EMA level of ₹2800. RSI suggests a positive trend reversal, supporting further upside in the short term.

Nifty 50 and Sectoral Strategy for August 5, 2025

Sectors to Watch This Week

FMCG & Industrials: Favorable risk-reward due to domestic consumption resilience
IT & Metals: Avoid or reduce exposure due to global volatility
Banking: Selective buying on dips recommended, especially in private banks with strong Q1 performance

Global Impact: Trump Tariff Repercussions

The latest tariff announcement by Donald Trump targeting Asian exports is expected to disrupt market sentiments globally. Indian exporters, especially in textiles and IT services, may see margin pressure in the short term.

Expert Advice for Traders and Investors

Short-term traders should reduce leverage, use tight stop losses, and avoid overnight positions in volatile stocks.
Long-term investors may use dips as opportunities to accumulate blue-chip stocks in sectors like FMCG, banking, and auto.
Be alert to cues from U.S. Fed announcements, crude oil trends, and rupee-dollar movements.

Conclusion: Stay Cautious but Watch for Opportunities

While the Indian stock market is under pressure from global and domestic headwinds, it also presents stock-specific opportunities for disciplined traders. Following technical levels, sectoral strength, and maintaining prudent risk management will be key for navigating the current environment.