Yieldcapitals Financial Services
Yieldcapitals Financial Services
June 10, 2025 at 02:39 AM
*10th Jun 2025 Markets outlook for the day* Yesterday#usmarkets - ends flat with focus on development of US-China talks. US futures positive in 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 developments in Us-china trade talks . India VIX muted at 14.69 from 14.68 as Indian markets saw positive session on back of bullish sentiment. Indian Rupee appreciate against dollar, USDINR at 85.63 from 85.80 Global currency & Bonds- US Dollar index muted at 99.10 from 98.98 with trade talks and inflation in focus. US 10 yr Bond yields muted at 4.48 from 4.50 Global Commodities - Comex Gold prices muted at $3324 from $3328 on news of trade talks of Us-China. Comex Silver trade higher at 13 yr highs at $36.61 from $36.0 on robust demand and supply worries with Us-china trade talks in focus. Comex copper positive at $4.88 from $4.84 on trade talks. Brent Crude oil positive at $67.40 per barrel from $66.30 on positive development on US-China trade talks. Natural Gas prices muted at $3.62 from $3.74 on over supply news. Indian markets cash & Derivatives data - Yesterday Fii's were net buyers of +1992Cr in cash markets in previous trading session while Dii's were net buyers of +3504Cr in cash market. June series Fii's are negative in index fut & added shorts in index fut to -96k contracts from -92k shorts in index fut and net longs in stock futures. Pro traders are net sellers in index fut of -13k from -8k and net longs stock futures. Dii's were net longs in index fut of 42k and net shorts in stock futures. Retail are net positive in index futures and added longs in index fut to +66k from +61k contracts longs and net longs in stock futures. Options data - June Nifty Monthly expiry has highest put writing at 24500/24600 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 1.01 from 1.0 and Bank nifty PCR at 1.4 from 1.0 while Sensex PCR at 1.05 from 1.20 Indices performance - Yesterday Indian markets saw positive session with most sectors closing positive while reality sector saw profit booking. Market views & news - US-CHINA trade talks news in focus. Ukraine- Russia fresh escalations and tensions spike energy prices. Technical view : Yesterday #nifty opened positive and saw buying throughout the day with positive market breadth 3:1 Adv:Dec Ratio to close at 25103 at 1 month highs. Nifty trading above 5EMA 24905 & above 10EMA 24836 & at 20EMA 24720 & above 50 EMA 24280 Nifty major trading range of 24600-25600. Today's Nifty big support is at 24925/24975 zone & big resistance at 25215/25245 zone Nifty trading above 200EMA 23720 & above 200 SMA 24075 and above 100 EMA 24040 zone. Today Nifty minor support seen at 25035/25065 while major support seen at 24925/24965 While minor resistance seen at 25225/25240 zone while major resistance seen at 25299/25325 zone. Daily CPR at 24901 Weekly CPR at 24845 Monthly CPR at 24600 Nifty May fut closed positive +0.94%. Nifty fut OI at 1.71Cr with long buildup & addition in OI by 0.15% 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 24850 as stoploss on closing basis and tgt 25340/25680 as tgts. Yesterday #banknifty opened positive and traded sideways to positive throughout the day to close positive at 56839. Major support seen at 56055/56090 zone and major resistance at 57429/57480 zone. Banknifty trades above 5 EMA of 56270 and above 10 EMA 55960 and trading above 20 EMA 55560 & below 20 SMA 55510 and above 50EMA 54120/above 50SMA 54145 and trading above 100EMA 52920 & Bank nifty trading above 200EMA 51620/ above 51670 200 SMA. For today Bank nifty minor support seen at 56465/56535 zone while major support seen at 56039/56060 zone and minor resistance seen at 57095/57065 zone while major resistance seen at 57427/57495 zone Daily CPR at 56269 Weekly CPR at 56224 Monthly CPR at 55035 Bank nifty view is positive in short term with range of 55500-57500. Bank nifty fut closed positive at +0.50% with open interest at 21.50 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 55550 on closing basis and tgt 57000/57560. Sectors to watch today- Positive/neutral- Banks, Psubank, Auto, media, Smallcaps, midcap, Financials, psubanks, Fmcg, IT, Defence, metals, Oil&Gas. Negative/neutral - Reality, PSE, Fmcg, Media, Energy, CPSE, pharma. Stocks to watchout today- POSITIVE- Bandhanbank, Ireda, BDL, HAL, INDIGO, Manappuram, Kotak Bank, Coforge, Ofss, RBLBANK, Jiofin, Bajajfinance, Sbicard, Nyka, Ongc. NEGATIVE- Eternal, Kaynes, Bergerpaints, Aplapollo, Concor, Titan, Nalco, Tata motors, BPCL. Good morning!!! Have a Good trading day!!! 👍
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