*30th May 2025 Markets outlook for the day* Yesterday #usmarkets - US markets close positive as Nvidia rally drive markets higher. US futures muted as appeal court backs trump tariffs. Global markets sentiment neutral to positive. Asian markets trade negative in early morning trades. India VIX lower at 16.42 from 18.06 as Indian markets saw volatile session with positive close. Indian Rupee appreciate against dollar, USDINR at 85.30 from 85.55 Global currency & Bonds- US Dollar index falls and trades at 99.35 from 100.20 on trade and US debt worries US 10 yr Bond yields negative at 4.41 from 4.49 Global Commodities - Comex Gold prices rebound at $3322 from $3280 on muted US Dollar. Comex Silver trade muted at $33.15 from $33.35 on subdued trades. Comex copper subdued at $4.65 from $4.70 on range bound trades. Brent Crudeoil falls at $63.05 per barrel from $65.05 set for weekly losses on tariffs uncertainty and OPEC+ news on supply. Natural Gas prices muted at $3.53 from $3.56. Indian markets cash & Derivatives data - Yesterday Fii's were net buyers of +884Cr in cash markets in previous trading session while Dii's were net buyers of +4287Cr in cash market. May series Fii's are negative in index fut & added shorts in index fut to -79k contracts from -78k shorts in index fut and net longs in stock futures. Pro traders are net sellers in index fut of -16k from -5k and net longs stock futures. Dii's were net longs in index fut of 36k and net shorts in stock futures. Retail are net positive in index futures and added longs in index fut to +57k from +72k contracts longs and net longs in stock futures. Options data - June Nifty Monthly expiry has highest put writing at 24200/24400 Strikes while 25500/25000 calls strikes has highest call writing while Weekly put writing seen at 24700/24800 PE strikes while Weekly call writing seen at 25000/25100 CE strikes. Banknifty June monthly call writing seen 56000/56500 strikes and major put writing seen at 55000/54500 strikes. Sensex Jun weekly expiry major call writing seen at 82000/82500 while put writing seen at 80000/80500 strikes PCR Ratio of Nifty PCR at 0.89 from 0.73 and Bank nifty PCR at 1.02 from 0.85 while Sensex PCR at 0.71 from 0.60 Indices performance - Yesterday Indian markets saw positive session with volatility while banks, IT, Reality, Auto, Metals, Midcap & smallcap sectors saw positive momentum while PSUBanks, PSE, Fmcg saw selling pressure. Market views, Q4 Resutls, & news - US appeal court backs trump tariffs and holds trade court ruling. US data weak as Q1 GDP -0.2 against 0.3 consensus. US rising Debt worries and fiscal health, Rising Bond yields have sentiment negative on global markets. Early monsoons across Indian states indicate good crops this season positive for fmcg and agri based companies. Technical view : Yesterday #nifty opened muted, saw subdued to volatile moves throughout the day with 3pm sharp move on Monthly expiry to close higher at 24833 with positive market breadth 8:7 Adv:Dec Ratio. Nifty trading at 5EMA 24830 & above 10EMA 24785 & above 20EMA 24594 & above 50 EMA 24130 Nifty trading range expected 24300-25300 zone for next few sessions ahead. Nifty major trend is neutral to sideways in range of 24520-25120 Today's Nifty big support is at 24700/24675 zone & big resistance at 25005/24945 zone Nifty trading above 200EMA 23640 & above 200 SMA 24060 and above 100 EMA 23920 zone. Today Nifty minor support seen at 24785/24765 while major support seen at 24675/24695 While minor resistance seen at 24895/24920 zone while major resistance seen at 24990/25015 zone. Daily CPR at 24784 Weekly CPR at 24792 Monthly CPR at 23512 Nifty May fut closed positive +0.45%. Nifty fut OI at 1.38Cr with long build up & addition in OI by +11.60% and 78% rollovers into Jun fut. Nifty structure is neutral in short term with trading range of 24450-25100, Directional trades only beyond the range breakout. Yesterday #banknifty opened muted and sideways movements throughout the day and sharp 3pm expiry move of positive momentum to close positive at 55546 Major support seen at 55095/55030 zone and major resistance at 55930/55880 zone. Banknifty trades above 5 EMA of 55475 and above 10 EMA 55300 and trading above 20 EMA 54910 & below 20 SMA 55025 and above 50EMA 53565/above 50SMA 53250 and trading above 100EMA 52420 & Bank nifty trading above 200EMA 51290/ above 51470 200 SMA. For today Bank nifty minor support seen at 55325/55350 zone while major support seen at 55065/55120 zone and minor resistance seen at 55995/55955 zone while major resistance seen at 56030/56055 zone Daily CPR at 55395 Weekly CPR at 55223 Monthly CPR at 53450 Bank nifty view is neutral to positive in short term with range of 54500-56500. Bank nifty fut closed positive at +0.41% with open interest at 18.90 lakhs & long buildup with addition in OI at +29.50% 79.5% rollovers into Jun series. Banknifty trend neutral to positive in range of 54800-56900 buy on dips with stoploss 54800 and tgt 57000 Sectors to watch today- Positive/neutral- Banks,Auto, media, Smallcaps, midcap, Reality, Financials, IT, Metals. Negative/neutral - Psubank, PSE, Fmcg, Media, Energy, CPSE, Defence, pharma. Stocks to watchout today- POSITIVE- Dlf, Nyka, Coforge, Trent, Sbilife, Sbicard, RBLBANK, SUZLON, Prestige est, JSL, Cummins, BSE, Bajajauto, Hindzinc, Hindcopper, Indusindbank, Auropharma, Glenmark, Granules, samvardhan Mothersom. NEGATIVE- Cholafin, Unionbank, Gail, Polycab, HAL, BEL, Bajajfinance, Shriramfin, Tataconsumers, Indigo. Good morning!!! Have a Good trading day!!! 👍