*Nifty at Crossroads: Awaiting Directional Move - Price is hugging key EMA* - 19.06.2025 * Stock Exchange*: NSE * Stock Name*: Nifty 50 Index * Current Market Price (CMP)*: 24,812.05 *Current Trend Summary* * Sideways consolidation with weak bullish attempts near short-term moving averages. *Bullish or Bearish Dominance?* * Neutral dominance – Price is hugging key EMAs but facing resistance at upper Bollinger Band. *Chart Outlook & Prediction*: * Nifty is trading between its 20 EMA and 50 EMA, suggesting indecision. A breakout above 25,170 can trigger a new bullish rally, while a break below 24,440 may invite fresh selling. Consolidation is narrowing, pointing toward a strong move in coming sessions. *Upcoming Events (Catalysts)* * Positive: Global market strength, Fed rate cut expectations * Negative: FII outflows, geopolitical tensions, crude oil volatility *Support and Resistance* * Support: 24,440 / 24,200 * Resistance: 25,170 / 25,400