*4th Jun 2025 Markets outlook for the day* Yesterday #usmarkets - Wall street stocks end higher on Nvidia and trade talks hopes. US futures steady with trump-Xi call, tariffs in focus. Global markets sentiment neutral to positive. Asian markets trade positive in early morning trades India VIX subdued to 16.56 from 17.18 as Indian markets saw volatile session with negative close. Indian Rupee depreciate against dollar, USDINR at 85.60 from 85.40 Global currency & Bonds- US Dollar index rebound and trades at 99.19 from 98.75 as Euro slips ahead of ECB meet. US 10 yr Bond yields muted at 4.45 from 4.44 Global Commodities - Comex Gold prices muted at $3389 from $3392 despite dollar strength on economic uncertainty and trade jitters. Comex Silver trade positive at $34.75 from $34.30 on lower supply and higher demand Comex copper rise at $4.88 from $4.78 on supply concerns. Brent Crudeoil rise at $65.50 per barrel from $65.15 on geopolitical tensions. Natural Gas prices muted at $3.70 from $3.76 on despite supply concerns. Indian markets cash & Derivatives data - Yesterday Fii's were net sellers of -2853Cr in cash markets in previous trading session while Dii's were net buyers of +5905Cr in cash market. June series Fii's are negative in index fut & added shorts in index fut to -103k contracts from -79k shorts in index fut and net longs in stock futures. Pro traders are net sellers in index fut of -11k from -14k and net longs stock futures. Dii's were net longs in index fut of 45k and net shorts in stock futures. Retail are net positive in index futures and added longs in index fut to +70k from +63k 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 24500/24400 put strikes while Weekly call writing seen at 24800/24900 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 80000/79500 strikes PCR Ratio of Nifty PCR at 0.57 from 0.71 and Bank nifty PCR at 0.87 from 1.05 while Sensex PCR at 0.62 from 0.71 Indices performance - Yesterday Indian markets saw negative session with volatility while banks, Auto, Financials, IT, Pharma, Metals, PSUBANK, PSE, Fmcg sectors saw selling pressure while Reality, Smallcap, media saw positive momentum. Market views & news - Trump-Xi call 📞 on tariffs, Tariff jitters, economic woes and debt worries driving US markets. Ukraine- Russia fresh escalations and tensions spike energy prices. RBI policy this week 25Bps cut priced in already a 50Bps cut will be a surprise. Technical view : Yesterday #nifty opened positive and saw selling pressure from highs with volatile moves throughout the day to close lower at 24542 with negative market breadth 5:7 Adv:Dec Ratio. Nifty trading below 5EMA 24690 & below 10EMA 24728 & below 20EMA 24600 & above 50 EMA 24190 Nifty trading range expected 24400-25000 zone for next few sessions ahead. Nifty major trend is neutral to sideways in range of 24300-25000 Today's Nifty big support is at 24405/24365 zone & big resistance at 24905/24885 zone Nifty trading above 200EMA 23666 & above 200 SMA 24090 and above 100 EMA 23970 zone. Today Nifty minor support seen at 24505/24485 while major support seen at 24395/24355 While minor resistance seen at 24685/24710 zone while major resistance seen at 24819/24795 zone. Daily CPR at 24660 Weekly CPR at 24835 Monthly CPR at 24600 Nifty May fut closed negative -0.69%. Nifty fut OI at 1.31Cr with short build up & addition in OI by +0.05% indicating negative bais. Nifty structure is neutral to negative in short term with trading range of 24350-24880, Directional trades only beyond the range breakout. Yesterday #banknifty opened higher made all time highs and slipped from highs to close lower at 55599. Major support seen at 55395/55420 zone and major resistance at 56160/56220 zone. Banknifty trades at 5 EMA of 55600 and above 10 EMA 55460 and trading above 20 EMA 55125 & below 20 SMA 55155 and above 50EMA 53785/above 50SMA 53690 and trading above 100EMA 52620 & Bank nifty trading above 200EMA 51420/ above 51545 200 SMA. For today Bank nifty minor support seen at 55385/55400 zone while major support seen at 55145/55170 zone and minor resistance seen at 55895/55935 zone while major resistance seen at 56160/56135 zone Daily CPR at 55760 Weekly CPR at 55550 Monthly CPR at 55035 Bank nifty view is positive in short term with range of 54800-57000. Bank nifty fut closed negative at -0.58% with open interest at 19.80 lakhs & short buildup with addition in OI at +7.18% indicating neutral bais. Banknifty trend neutral to positive in range of 54800-56900 buy on dips with stoploss 55050 and tgt 57000 Sectors to watch today- Positive/neutral- Banks, Psubank, Auto, media, Smallcaps, midcap, Financials, psubanks, Fmcg, Reality. Negative/neutral - IT, Metals, PSE, Fmcg, Media, Energy, CPSE, Defence, pharma. Stocks to watchout today- POSITIVE- United sprits, Bharatforge, Prestige est, MCX, BSE, JSL, SRF, Oberoireality, DLF, Federalbank, Lauruslabs, Grasim, Shriramfin, Mazdock, Irctc. NEGATIVE- Icicprulife, IREDA, Indhotel, Adaniports, BPCL, ATGL, Abfrl, Bajajfinserv, Sunpharma, PPLPharma, Sbilife. Good morning!!! Have a Good trading day!!! 👍