Nifty 50 Outlook for June 11, 2025

 

Nifty 50 Outlook for June 11, 2025

Market Recap and Sentiment

·         Nifty 50 closed marginally higher at 25,104.25 on June 10, 2025, marking a fifth consecutive day of gains but reflecting a range-bound, consolidative session with limited momentum

·         The index remains above the psychologically important 25,000 mark, supported by recent RBI policy easing and continued foreign/domestic inflows

·         Broader market participation is healthy, with midcap and smallcap indices outperforming, though sector rotation is evident

 

Key Technical Levels

Level	Value Range	Commentary
Immediate Support	25,000–24,900	Crucial for sustaining the uptrend
Next Support	24,800–24,650	Breakdown here could trigger deeper correction
Immediate Resistance	25,200–25,250	Zone to watch for breakout attempts
Higher Resistance	25,300–25,350	Decisive breakout here could open 25,500–25,600

Pivot Points: Resistance at 25,175, 25,209, 25,264; support at 25,065, 25,031, 24,976

·         Options Data: Highest Call OI at 26,000; significant at 25,500 and 25,200. Highest Put OI at 25,100 and 25,000, reinforcing these as key levels.

 

Technical & Sentiment Insights

·         The Nifty has formed small-bodied and bearish candles in consecutive sessions, signaling consolidation and selling pressure at higher levels, but the overall structure remains positive

·         RSI remains above 60, MACD is positive, and the index is trading above all key moving averages, indicating underlying strength

·          India VIX has declined near 14, suggesting low volatility and supporting a bullish undertone

·         Institutional flows remain supportive, with net buying from both FIIs and DIIs.

 

Expert Views & Strategy

·         Buy on Dips: Most analysts advise accumulating on declines toward 24,900–25,000, with tight stop-losses below 24,850

·         Profit Booking: Consider booking profits near 25,200–25,300 unless a decisive breakout occurs

·         Breakout Watch: Sustained move above 25,250–25,300 could trigger a rally toward 25,500–25,600 in the short term

·         Downside Risk: A fall below 24,850–24,800 could lead to a sharper correction toward 24,650 or lower

 

Event Triggers to Watch

·         US inflation data and India CPI (due Thursday) could influence sentiment and volatility.

·         Global cues and sector rotation will remain important for short-term direction

 

Summary Table

Bias	Above 25,200–25,250	Below 25,000–24,900	Below 24,800
Bullish	25,300–25,600+	Cautious/Buy on dips	Trend reversal

 In summary:

Nifty 50 is expected to remain in a consolidation phase on June 11, 2025, with a positive bias as long as it holds above 25,000. A breakout above 25,200–25,250 may open the door to 25,300–25,600, while a drop below 24,900–24,800 could trigger a deeper correction. Traders should buy on dips with disciplined stop-losses and watch for global macro triggers for fresh momentum