*2nd Jun 2025 Markets outlook for the day* Friday #usmarkets - US markets close subdued to muted on mixed data and Tariffs woes. US futures dip as trump tariffs jitters persists, Economic xues awaited. Global markets sentiment neutral to positive. Asian markets trade negative in early morning trades while chinese markets closed on dragon boat festival. India VIX lower at 16.08 from 16.42 as Indian markets saw volatile session with negative close. Indian Rupee appreciate against dollar, USDINR at 85.45 from 85.50 Global currency & Bonds- US Dollar index falls and trades at 99.15 from 99.35 on trade jitters and economic data. US 10 yr Bond yields muted at 4.40 from 4.41 Global Commodities - Comex Gold prices muted at $3329 from $3322 on muted trade. Comex Silver trade muted at $33.15 from $33.16 on subdued trades. Comex copper rise sharply at $4.85 from $4.65 on Russia Ukraine tensions. Brent Crudeoil rise sharply at $64.50 per barrel from $63.05 on Russia Ukraine tensions and escalations offset OPEC+ output hike. Natural Gas prices rise at $3.52 from $3.40 on Russia Ukraine escalations. Indian markets cash & Derivatives data - Yesterday Fii's were net sellers of -6449Cr in cash markets in previous trading session while Dii's were net buyers of +9096Cr in cash market. May series Fii's are negative in index fut & added shorts in index fut to -78k contracts from -77k shorts in index fut and net longs in stock futures. Pro traders are net sellers in index fut of -13k from -16k and net longs stock futures. Dii's were net longs in index fut of 35k and net shorts in stock futures. Retail are net positive in index futures and added longs in index fut to +62k from +57k 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 put strikes while Weekly call writing seen at 25000/25100 call 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 0.73 from 0.71 and Bank nifty PCR at 1.05 from 1.02 while Sensex PCR at 0.67 from 0.71 Indices performance - Friday Indian markets saw negative session with volatility while IT, Reality, Auto, Metals,Midcap & smallcap, Fmcg, sectors saw selling pressure while banks, Financials, PSUBanks, media saw positive momentum. Market views, Q4 Resutls, & news - US tariff jitters, economic woes and debt worries driving US markets. Ukraine- Russia fresh escalations and tensions spike energy prices. India clocks 7.4% GDP growth in Q4FY25 against 6.8% estimates and 6.4% in previous quarter. Early monsoons across Indian states is positive news for Indian markets and economy. Monthly Auto numbers mixed. Ashokleyland, Tvsmot, Eicher positive while Maruti, Tatamotors, M&M negative growth to mixed sales. Technical view : Friday #nifty opened muted, saw pressure at higher levels to volatile moves throughout the day to close lower at 24750 with negative market breadth 9:13 Adv:Dec Ratio. Nifty trading below 5EMA 24780 & above 10EMA 24765 & above 20EMA 24600 & above 50 EMA 24150 Nifty trading range expected 24400-25300 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 24595/24625 zone & big resistance at 25005/24945 zone Nifty trading above 200EMA 23645 & above 200 SMA 24060 and above 100 EMA 23940 zone. Today Nifty minor support seen at 24655/24635 while major support seen at 24585/24545 While minor resistance seen at 24855/24890 zone while major resistance seen at 24940/24975 zone. Daily CPR at 24801 Weekly CPR at 24830 Monthly CPR at 24012 Nifty May fut closed negative +0.45%. Nifty fut OI at 1.33Cr with short build up & addition in OI by +5.60% indicating negative bais. Nifty structure is neutral in short term with trading range of 24450-25100, Directional trades only beyond the range breakout. Friday #banknifty opened muted and sideways to positive momentum throughout the day to close positive at 55749 Major support seen at 55095/55030 zone and major resistance at 55930/55880 zone. Banknifty trades above 5 EMA of 55505 and above 10 EMA 55350 and trading above 20 EMA 54980 & below 20 SMA 55055 and above 50EMA 53645/above 50SMA 53420 and trading above 100EMA 52489 & Bank nifty trading above 200EMA 51330/ above 51520 200 SMA. For today Bank nifty minor support seen at 55485/55520 zone while major support seen at 55165/55190 zone and minor resistance seen at 55965/55995 zone while major resistance seen at 56070/56095 zone Daily CPR at 55475 Weekly CPR at 55420 Monthly CPR at 54650 Bank nifty view is positive in short term with range of 54800-57000. Bank nifty fut closed positive at +0.41% with open interest at 18.80 lakhs & long buildup with addition in OI at +5.90% indicating positive bais. 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, Psubank, Auto, media, Smallcaps, midcap, Financials, psubanks. Negative/neutral - IT, Metals, Reality, PSE, Fmcg, Media, Energy, CPSE, Defence, pharma. Stocks to watchout today- POSITIVE- Sbicards, Nyka, Eternal, Bse, Unionbank, Canbank, Cummins, Manappuram, Hdfcbank, BDL, Pidilite, Coalindia. NEGATIVE- Cipla, Chambalfert, Sjvn, Bsoft, Patanjali, Alkem, Vedl, Tatamotors, Jswsteel, Tatasteel. Good morning!!! Have a Good trading day!!! 👍