Wednesday, 18 June 2025

Nifty 50 Outlook for June 19, 2025

 

Market Recap

·         On June 18, 2025, Nifty 50 closed at 24,812.05, down 41.35 points (−0.17%), marking a second consecutive day of decline as the index failed to hold above the crucial 24,850 support and faced persistent resistance near 25,000

·         The session saw profit booking after an early recovery, with IT and select large-cap stocks under pressure, while midcap and small cap indices also extended their correction.

·         Technical indicators, including RSI, are showing a bearish trend, and the index remains above its 200-DMA but with weakening momentum.

 Key Technical Levels

Level

Range

Significance

Immediate Support

24,725–24,750

Key zone to watch; a break below increases bearishness

Next Support

24,500

Below 24,725, further downside risk emerges

Immediate Resistance

24,850

Needs to be reclaimed for any bullish reversal

Major Resistance

24,900–25,000

Strong supply zone; above this, rally to 25,100 likely

·         Support: 24,725 is the immediate support; if breached, the index may slide toward 24,500

·         Resistance: 24,850 is the first hurdle; only a decisive move above this can revive bullish sentiment and target 24,900–25,000

·         Range: Most analysts expect Nifty to trade between 24,650 and 25,000, with bias turning bullish only above 24,900–25,000.

 Market Sentiment & Factors

·         FII Selling: Persistent foreign investor outflows are weighing on sentiment, though domestic institutional inflows are providing some cushion

·         Global Cues: Mixed global signals and anticipation around the US Fed decision are keeping traders cautious

·         Technical Bias: The trend is sideways to mildly bearish in the short term, with a flat-to-muted start expected as per Gift Nifty indications

 Expert Strategy

·         If Nifty reclaims 24,850: Expect a possible rally toward 25,000–25,100.

·         If Nifty trades below 24,800: Weakness may persist, with risk of a fall to 24,725 and then 24,500

·         Overall Bias: Sideways with a negative tilt unless 24,850–24,900 is reclaimed

Summary Table

Bias

Above 24,900–25,000

Below 24,725

Bullish

25,000–25,100+

Bearish

24,500

Rangebound

24,650–25,000

In summary:
Nifty 50 is expected to open flat and trade in a rangebound to mildly negative manner on June 19, 2025. Watch 24,850 as a pivot: a move above this could trigger a rally toward 25,000–25,100, while sustained trade below 24,800–24,725 may lead to further downside toward 24,500. Traders should remain cautious and watch for global cues and Fed commentary for fresh direction

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