Thursday, 26 June 2025

Nifty 50 Outlook for June 27, 2025

 

Nifty 50 Outlook for June 27, 2025

Market Recap

·         On June 26, 2025, Nifty 50 closed at 25,549, marking a new 2025 high and its first close above 25,500 since October1.

·         The index has logged three consecutive sessions of gains, buoyed by positive global cues, easing geopolitical tensions, and strong performances from heavyweights like Bharti Airtel, Bajaj Finance, Adani Ports, Hindalco, Tata Steel, and Reliance Industries.

·         Broader market sentiment remains upbeat, with most sectoral indices in the green except Realty, Media, and IT, which saw mild declines.

Technical Levels to Watch

Level

Value/Range

Commentary

Immediate Support

25,000–24,800

Strong base; buy-on-dips likely in this zone

Immediate Resistance

25,200–25,322

Key hurdle; breakout above can trigger further upside

Major Resistance

25,434–25,500+

Next targets if momentum sustains

·         Short-term bias: Sideways to bullish, with a positive undertone as long as Nifty holds above 25,000

·         Options data: Highest Put OI at 25,000 and 24,800, indicating strong support; highest Call OI at 25,200 and 25,300, marking resistance zones

·         Volatility: India VIX remains low, supporting the bullish setup

Intraday/Expiry Day Strategy

·         Support: 25,000–24,800 is a strong support zone; any corrective pullback here is a buying opportunity34.

·         Resistance: 25,200–25,322 is immediate resistance; a breakout above 25,322 can push Nifty toward 25,434–25,500531.

·         Expiry watch: June 27 is a monthly expiry session; expect heightened volatility and possible sharp intraday moves, especially near resistance or support levels

Expert Views & Sentiment

·         Analysts expect the Nifty to remain in a positive structure as long as it sustains above 25,000, with the potential to test 25,500–25,700 in the coming weeks if 25,322 is decisively breached314.

·         Buy-on-dips remains the favored strategy, with stop-losses below 24,800 for positional trades34.

·         Watch for reversal or breakout signals around the 25,200–25,322 zone, especially during key intraday time clusters (10:45 AM, 12:40 PM, 1:30 PM, 2:35 PM)5.

Summary Table

Bias

Above 25,200–25,322

Below 25,000–24,800

Bullish

25,434–25,500+

Buy on dips

Bearish

Below 24,800

In summary:
Nifty 50 is expected to trade with a bullish bias on June 27, 2025, with immediate resistance at 25,200–25,322 and strong support at 25,000–24,800. A breakout above 25,322 could trigger a move toward 25,434–25,500. Volatility may spike due to expiry, so traders should manage risk and watch for breakout or reversal signals near key levels

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