School of Financial Literacy
School of Financial Literacy
June 13, 2025 at 07:53 AM
*Nifty View (24685)* • Seems rangebound for now provided there are no unexpected events leading to extreme volatility. • ⁠Had earlier mentioned 25000–25100 as a major resistance. Nifty has seen a significant dip from that range. Resistance now is 25100–25250. This has to be broken for a rally toward the all-time-high. • ⁠Support wise the index has the following bases: 24380–24480, 23950–24150. • ⁠I do not believe the markets are negative. They have been influenced downward by external events. As long as 23700–23800 is maintained the markets are overall biased positively. However, we must not also be blindly bullish. Just follow the market and the logical levels.
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