Yieldcapitals Financial Services
Yieldcapitals Financial Services
June 9, 2025 at 02:49 AM
*9th Jun 2025 Markets outlook for the day* Friday #usmarkets - Wall street ends higher on mixed Jobs data on positive talks development on US-CHINA TALKS. US futures mutedin early morning hours with US-CHINA trade talks and inflation data in focus. Global markets sentiment neutral to positive. Asian markets trade positive in early morning trades on positive overnight cues. India VIX lower at 14.63 from 15.08 as Indian markets saw positive session on Friday. Indian Rupee appreciate against dollar, USDINR at 85.80 from 85.80 Global currency & Bonds- US Dollar index rebound at 98.99 from 98.60 on mixed US Jobs data. US 10 yr Bond yields positive at 4.5p from 4.38 Global Commodities - Comex Gold prices lower at $3328 from $3388 on dollar rebound. Comex Silver trade higher at 13 yr highs at $36.21 from $36.0 on robust demand and supply worries. Comex copper muted at $4.84 from $4.88 on dollar rebound. Brent Crude oil positive at $66.50 per barrel from $65.30 on US-China trade talks and geopolitical tensions of Russia Ukraine. Natural Gas prices positive at $3.74 from $3.67. Indian markets cash & Derivatives data - Yesterday Fii's were net buyers of +1009Cr in cash markets in previous trading session while Dii's were net buyers of +9342Cr in cash market. June series Fii's are negative in index fut & reduced shorts in index fut to -92k contracts from -107k shorts in index fut and net longs in stock futures. Pro traders are net sellers in index fut of -8k from -1k and net longs stock futures. Dii's were net longs in index fut of 39k and net shorts in stock futures. Retail are net positive in index futures and added longs in index fut to +61k from +69k contracts longs and net longs in stock futures. Options data - June Nifty Monthly expiry has highest put writing at 24500/24400 Strikes while 25500/25300 calls strikes has highest call writing while Weekly put writing seen at 24800/24600 put strikes while Weekly call writing seen at 25300/25200 call strikes. Banknifty June monthly call writing seen 57000/57500 strikes and major put writing seen at 56000/55500 strikes. Sensex Jun weekly expiry major call writing seen at 83000/82500 while put writing seen at 81000/81500 strikes PCR Ratio of Nifty PCR at 1.0 from 0.97 and Bank nifty PCR at 1.0 from 0.83 while Sensex PCR at 1.20 from 0.77 Indices performance - Friday Indian markets saw positive session with most sectors closing positive while media sector seeing selling pressure. Market views & news - US mixed Jobs data on Friday saw a bounce in markets with US-CHINA trade talks in London today. Ukraine- Russia fresh escalations and tensions spike energy prices. RBI policy on Friday gave a Bazzoka rate cut of 50Bps rate cut and 100Bps CRR cut to boost liquidity in markets positive for markets. Trump/ Musk row saw Tesla stock slump. Technical view : Friday #nifty opened flat and saw buying from lows post RBI policy announcement of rate cut to close at 2 week highs at 25003 with positive market breadth 5:2 Adv:Dec Ratio. Nifty trading above 5EMA 24800 & above 10EMA 24776 & at 20EMA 24670 & above 50 EMA 24248 Nifty major trading range of 24600-25600. Today's Nifty big support is at 24645/24675 zone & big resistance at 25205/25185 zone Nifty trading above 200EMA 23699 & above 200 SMA 24075 and above 100 EMA 24020 zone. Today Nifty minor support seen at 24945/24925 while major support seen at 24885/24845 While minor resistance seen at 25125/25160 zone while major resistance seen at 25219/25245 zone. Daily CPR at 24754 Weekly CPR at 24969 Monthly CPR at 24600 Nifty May fut closed positive +0.94%. Nifty fut OI at 1.73Cr with long buildup & addition in OI by 0.49% indicating positive bais. Nifty structure is positive in short term with trading range of 24650-25600, Nifty trend is positive with buy on dips and 24650 as stoploss on closing basis and tgt 25340/25680 as tgts. Yesterday #banknifty opened lower and saw strong upmove post RBI policy rate cut, Banknifty closes at all time highs at 56578. Major support seen at 55565/55620 zone and major resistance at 57060/57090 zone. Banknifty trades above 5 EMA of 55965 and above 10 EMA 55760 and trading above 20 EMA 55450 & below 20 SMA 55435 and above 50EMA 54020/above 50SMA 54055 and trading above 100EMA 52830 & Bank nifty trading above 200EMA 51560/ above 51640 200 SMA. For today Bank nifty minor support seen at 56185/56150 zone while major support seen at 55959/56020 zone and minor resistance seen at 56995/56925 zone while major resistance seen at 57070/57095 zone Daily CPR at 55785 Weekly CPR at 55954 Monthly CPR at 55035 Bank nifty view is positive in short term with range of 55500-57500. Bank nifty fut closed positive at +1.50% with open interest at 23.50 lakhs & long buildup with addition in OI at +1.50% indicating positive bais. Banknifty trend neutral to positive in range of 55000-57500 buy on dips with stoploss 55050 on closing basis and tgt 57000/57560. Sectors to watch today- Positive/neutral- Banks, Psubank, Auto, media, Smallcaps, midcap, Financials, psubanks, Fmcg, Reality, IT, Defence, metals. Negative/neutral - PSE, Fmcg, Media, Energy, CPSE, pharma. Stocks to watchout today- POSITIVE- Dlf, RBLBANK, IDFCFIRSTBANK, Cholafin, IIFL, Polycab, Lodha, Dmart, BOB, PNB, Dmart, Bajajauto, Tvsmot, Poonawala, UPL. NEGATIVE- Mazdock, CGPower, Sonacoms, BDL, Chambalfert, Pidilite, Asianpaints, Nmdc, Tatasteel, Indigo, BPCL. Good morning!!! Have a Good trading day!!! 👍

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