📈 Nifty 50 Post-Market Analysis – 16 June 2025
🔹 Overview:
Nifty 50 displayed a strong bullish reversal on 16th June 2025, bouncing back after a prolonged correction over previous sessions. The index gained significant strength from key support zones, indicating a potential short-term trend reversal.
- Opening Price: 24,811.77
- High: 24,953.90
- Low: 24,811.77
- Closing Price: 24,940.95
- Net Gain: +129.18 points (+0.52%)
🔹 Intraday Price Action:
- The day began with a flat open near prior support.
- A steady buying interest was observed throughout the day, with Nifty forming higher highs and higher lows on the 5-minute chart.
- The IntradayAFL Buy Signal triggered early in the day and held firm through the session, indicating bullish momentum.
🔹 Technical Indicators Summary:
- Support Zones: 24,811 | 24,760 | 24,700
- Resistance Zones: 24,950 | 25,050 | 25,200
- Trend: Short-term uptrend established
- Volume: Increased slightly, suggesting accumulation by institutional players
- Candle Pattern: Strong bullish candles with small wicks – sign of buyer dominance
🔮 Outlook for 17 June 2025 (Tuesday)
🔹 Global & Domestic Cues to Watch:
- US markets closed in green, boosting Asian market sentiment
- Crude oil remains stable; INR/USD stable
- FII activity showed marginal buying in cash market
🔹 Expected Market Behavior:
- A gap-up opening is likely if global cues remain supportive
- First target zone: 25,050–25,100
- Upside breakout above 25,100 could accelerate move to 25,200–25,250
- On the downside, 24,880–24,850 remains the key support cluster
💡 Trading Strategy for 17 June 2025
✅ Intraday Strategy:
1. Bullish Setup (Preferred)
- Entry: Above 24,970 (price sustains for 10+ mins)
- Target 1: 25,050
- Target 2: 25,120
- SL: Below 24,910
- Indicators: Use VWAP + 5-min EMA for confirmation
2. Bearish Setup (if trend reverses)
- Entry: Below 24,850 (with volume confirmation)
- Target 1: 24,780
- Target 2: 24,700
- SL: Above 24,900
- Tip: Avoid early morning shorts unless market breaks support with conviction
🔁 Positional Traders:
- Hold longs with closing basis SL at 24,780
- Positional upside potential: 25,250–25,400
- Any close above 25,100 is a strong breakout confirmation
📌 Key Technical Levels for 17 June 2025
| Type | Level (INR) |
|---|---|
| Resistance | 25,050 / 25,120 |
| Pivot | 24,940 |
| Support | 24,880 / 24,810 |
| Breakout | Above 25,100 |
| Breakdown | Below 24,850 |
📊 Conclusion
Nifty 50 is showing early signs of a bullish continuation pattern after a healthy retracement. As long as the index sustains above 24,850, the sentiment remains positive. A decisive close above 25,100 would likely open the gates for a fresh leg up.
Pro Tip: Stay updated with live price action on smaller timeframes. Respect stop losses strictly due to macroeconomic uncertainties and upcoming F&O expiry volatility.
