Nifty 50, Sensex Today: What to expect from Indian Stock Market in Trade on June 25 after israel -ran ceasefire

The Indian Stock Market Benchmark Indices, Sensex and Nifty 50, Are Likely to Open Higher on Wednsday, Tracking Upbeat Global Market Cues after Israel and Iran AGRED for AGRED for ANEASFIRE, Ending the War.

The trends on gift nifty also indicate a positive start for the Indian Benchmark Index. The gift nifty was trading Around 25,175 Level, a Premium of Nearly 103 points from the nifty futures’ Previous Close.

On Tuesday, The Domestic Equity Market Ended Higher, with the Benchmark Nifty 50 Closing Above The 25,000 Levels.

The sensex rose 158.32 points, or 0.19%, to close at 82,055.11, while the nifty 50 settled 72.45 points, or 0.29%, Higher at 25,044.35.

Here’s what to expect from nifty 50 and bank nifty today:

Nifty oi data

In the derivatives segment, the highest call OI (Open Interest) is Seen at the 25,200 Strike, and the Highest Put OI at 25,000, indicating a short-term trading range between 25,000-25,200 for the nifty, SAIFTY 50, SAIFTY 50, SAIFTY 50, Bhojane, Research Analyst at Choice Broking.

Nifty 50 prediction

Nifty 50 Failed to Sustain the ITRADAY highs as it erased most of its intraday gains and close the day off the highs.

“A Reasonable Negative Candle was formed on the daily chart with a long upper shadow. Technical, this market action indicates False UPSIDE BREAKOUT OF BRAADER HITEPT OF BRAADER HIGH LOW Rage 25,200 levels. This could signal there is a possibility of some more consolidation in the short term before surgher again, “Said Nagaraj Shetti, Senier Technical Research Analyst At HDFC SECURITIES

According to Him, The Short-Term Trend of Nifty 50 Remains Positive Amidst Range Movement. Further Sustainable Move Above 25,200 – 25,300 Levels Blad Open Further UPSIDE TOWARDS 25,600 for the Near Term. Immediate support is placed at 24,900 levels.

Om Mehra, Technical Research Analyst, Samco Securities, Highlighted That The Nifty 50 Floats Above The 9-Day and 20-Day moving average, which may act as act as act as act as act. The rsi has moved back Above The 55 Mark, after some exhaustion. However, it is yet to break Above 60 for a clearer Directional Confirmation.

“The Macd Histogram Remains Flat, But is Sloly Flatning, Indicating a Potential Shift In Tone. The upper bollinger band Near 25,300 Continues to Pose Strong Resistance, and A Close Abovel Welfel WOLOLLE Likely Open the Door for a Fresh Directional Leg. Nervousness and supporting the current consolidation, ”said mehra.

Dr. Praveen Dwarakanath, Vice President of Hedged.in, Noted that the Nifty 50 Gave a Breakout Above Its Resistance of the 25,200 Level, But Cold Not Sustain the HIGHH, Indicating In the Index Near Resistance.

“Nifty 50 index is now at a level where one can sell with a target near its support at 24,500 level. The Momentum Indicators on the Daily Chart Have Sharma Reversal signs.

The IMMMIDIAIE Support for the Index is at the 24,500 level, a drop to this Level can be an opportunity to go long with a target of 25,200 or higher, he added.

Vla Ambala, co-founder of stock market today said that the nifty 50 formed a high wave doji candlestick pattern, indicating high valati and indexion.

“I recommend mainTaining a neutral strategy.

Bank nifty prediction

Bank Nifty Index Ended 402.55 Points, OR 0.72%, Higher at 56,461.90 on Tuesday, Forming a High Wave Candle with a Highs a higher higher and higher low signaling positive trouble.

“Bank nifty retraced more than 80% of its recent breathr (57,049 – 55,149). Going forward, the bank nifty index is expected to maintain positive bias and heads towels the all -of -final Around 57,050 and 57,600 Levels in the Coming Weeks. UPTREND, thus validating positive bias, “Bajaj Broking Research said in a note.

According to the brokerage firm, key support is placed at 54,500 – 54,000 levels, being the confluence of 50 days EMA and Key Retracement Level of the previous UP Move.

Om mehra said that while the bank nifty index showed Continued Strength, It Encounted Resistance Near The 56,800 Zone, Aligning With the upper Bollinger Band, and Has Facd Selling Presued The Latter Half of the session.

“The 20-day Median, Currently Around 56,000, Continues to act as a Pivot, Around which the index has been coiling. Typically Gains Strength. Near 55,700, “Mehra said.

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