Share India Securities Research
Share India Securities Research
June 12, 2025 at 01:52 AM
*MARKET TRENDS & STRATEGIES @ 7.15am – Thursday, June 12th 2025* MARKET TRENDS: # Global: Neutral # FII: (-446.31 Cr) # DII: (+1584.87 Cr) # Sentiment: Bullish # Market Breadth: Positive # Technicals: Bullish Consolidation # F&O: 24500 – 26000 zone. # INDIA VIX 13.67 (-2.48%) # USD/INR (26th June) 85.57 # Nifty PCR (26th June) 1.21 # Bank Nifty PCR (26th June) 0.92 # Nifty Outlook: Nifty may consolidate, profit booking is not ruled out # WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY: Nifty Technically: Nifty (CMP: 25141) SUPPORT: 24951/24801 RESISTANCE: 25300/26277 RANGE: 25000-25300 BIAS: Positive 21 DMA: 24848 50 DMA: 24228 200 DMA: 24083 Sensex (CMP 82515): SUPPORT: 81900/81300 RESISTANCE: 83100/85978 RANGE: 82100-82900 BIAS: Neutral 21 DMA: 81711 50 DMA: 79778 200 DMA: 79271 Bank Nifty Technically: BANK NIFTY (CMP 56460): SUPPORT: 56100/55500 RESISTANCE: 57100/57900 RANGE: 56300-57000 BIAS: Neutral 21 DMA: 55634 50 DMA: 54249 200 DMA: 51730 # Nifty: In Wednesday’s trade, Nifty started the day on a positive note, but was seen wavering all thru the trading session. Nifty’s all-time-high continues to be at 26277.35 mark. The technical landscape suggests Nifty’s major support at 24951 mark and then at 24801/24100. Nifty’s hurdles seen 25300/26277 mark. Nifty’s 200 DMA at 24083 mark. # Bank Nifty: In Wednesday’s trade, Bank Nifty started the session on a cautious note, wavered all thru the trading session and the negative takeaway was that the benchmark ended on a negative note. Bank Nifty new all-time-high is at 57049.50 mark. Bank Nifty was seen slightly underperforming Nifty’s consolidative action, ending 0.30% lower as against Nifty’s 0.15% gains. Interestingly, Nifty PSU Banks ended 0.88% lower while Nifty Private Bank Index slipped 0.26% lower. Intraday support for Bank Nifty now seen at 56100/55500 mark and then at 54483 mark on closing basis. In today’s trade and in near term, Bank Nifty is likely to face resistance at 57300/57900 mark and then at 57900 mark. Bank Nifty’s 200-DMA is placed at 51730 mark. Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries. 🇮🇳 🇮🇳 🙏🏻

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