Share India Securities Research
Share India Securities Research
June 19, 2025 at 01:51 AM
*MARKET TRENDS & STRATEGIES @ 7.15am – Thursday, June 19th 2025* # MARKET TRENDS: Global: Negative FII: (+890.93 Cr) DII: (+1091.34 Cr) Sentiment: Risky Market Breadth: Neutral Technicals: Consolidation F&O: 24500 – 25500 zone. INDIA VIX 14.28 (-0.89%) USD/INR Futures (June) (86.50) NIFTY PCR (26th June) 1.07 NIFTY PCR (26th June) 0.73 # Nifty Outlook: Sentiments could dampen if Trump indicates involvement in Middle East War. Continue to proceed with caution. # WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY: Nifty Technically: Nifty (CMP: 24812) SUPPORT: 24473/23933 RESISTANCE: 25000/25222 RANGE: 24650-24950 BIAS: Neutral 21 DMA: 24840 50 DMA: 24375 200 DMA: 24080 Sensex (CMP 81445): SUPPORT: 80354/78968 RESISTANCE: 81900/82784 RANGE: 80900-81900 BIAS: Neutral 21 DMA: 81625 50 DMA: 80251 200 DMA: 79273 Bank Nifty Technically: BANK NIFTY (CMP 55829): SUPPORT: 55100/53483 RESISTANCE: 56455/57100 RANGE: 55300-56300 BIAS: Neutral 21 DMA: 55790 50 DMA: 54792 200 DMA: 51848 # Nifty: In Wednesday’s trade, Nifty started the day on a positive note but upside remained capped amidst profit booking and the negative takeaway was that it was that pessimism continued all thru the session and Nifty ended on a negative note. Nifty’s all-time-high continues to be at 26277.35 mark. The technical landscape suggests Nifty’s major support at 24473/24150/23953 mark. Nifty’s hurdles seen 25000/25222 mark. Nifty’s 200 DMA at 24080 mark. Nifty’s chart of the day suggests that the bears are likely to keep upside capped in Thursday’s trade with downside targets at 24473 mark. # Bank Nifty: In Wednesday’s trade, Bank Nifty started the session on a tepid note, and witnessed an up-down session but the positive takeaway was that the benchmark ended above the dotted lines. Bank Nifty new all-time-high is at 57049.50 mark. Bank Nifty was seen outperforming Nifty’s bearish action, ending 0.21% higher as against Nifty’s 0.17% loss. Interestingly, Nifty PSU Banks ended 0.41% lower while Nifty Private Bank Index ended 0.39% higher. Intraday support for Bank Nifty now seen at 55100/54500 mark and then at 53483 mark on closing basis. In today’s trade and in near term, Bank Nifty is likely to face resistance at 56455 mark and then at 57100 mark. Bank Nifty’s 200-DMA is placed at 51848 mark. Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries. 🇮🇳 🇮🇳 🙏🏻

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