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Below the Quote on Market Morning Inputs 03 July 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities 

The market witnessed profit booking at higher levels. Nifty closed 88 points lower, while Sensex was down 288 points. Among sectors, the metal index gained 1.44 per cent, while the reality index fell the most by 1.40 per cent.
Technically, after a muted opening, the market continued to face selling pressure at higher levels. On the daily chart, a bearish candle has formed, and on the intraday chart, a lower top formation is being held, which is largely negative. We believe, as long as the market is trading below 25,500/83500, the weak sentiment is likely to continue. On the lower levels, the market can retest the levels of 25,300-25200/83000-82700. On the other hand, if the market moves above 25,500/83500, it can jump towards 25,600-25,550/83800-83600.
For Bank Nifty, expect a range bound activity between 57100 and 56500.  On the dismissal of 56800, it can again retest the level of 56500.  Above 57100, expect gradual upward activity.
For the day, below 25370, create a short position with a stop loss at 25530.  Any bounce back towards 25500-25550 will be an opportunity to reduce weak long positions.

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