Market wrap up(DWM,T,N,E):The Nifty 50 kicked off the July series on a positive note, gaining 0.35 percent and extending its upward journey for the fourth consecutive session to close at a fresh nine-month high on June 27. Sentiment turned favourable for bulls due to a sharp fall in the VIX, positive crossovers in momentum indicators, and easing tensions in the Middle East. According to experts, in the upcoming sessions, the index needs to clear the 25,750–25,800 hurdle for a strong move toward 26,000 and eventually a record high. Until then, some consolidation may be seen, with support in the 25,400–25,300 zone. The Nifty 50 formed a bullish candle for the third consecutive session, continuing the higher-low formation for the sixth straight day. Traded volumes remained above average for another session. The index traded well above the upper band of the Bollinger Bands, with expansion in the bands. The MACD, Stochastic RSI, and RSI (at 67.72) sustained positive crossovers, with a continued positive bias in the histogram, signalling further uptrend in the Nifty 50.
Market wrap up(DWM,T,N,E):The Nifty 50 had a strong close on June 26, the monthly F&O expiry session, rising 1.2 percent and continuing its upward journey for the third straight day. The index marked a fresh nine-month closing high, supported by a further cooling of the VIX. Given the bullish sentiment and the expansion in Bollinger Bands following a significant consolidation breakout, the Nifty 50 is expected to face a hurdle in the 25,650–25,750 zone in the upcoming sessions. A breakout above this zone could open the path toward the 26,000 level, while support is seen at the 25,400–25,300 levels, according to experts. The Nifty 50 formed a long bullish candlestick on the daily charts, continuing its higher lows formation for the fifth straight session, alongside the expansion in Bollinger Bands. The index finished above the upper line of the Bollinger Bands and also broke above the upward-sloping resistance trendline. It recorded above-average volumes, while key technical indicators—RSI, Stochastic RSI, and MACD—showed positive crossovers, with the MACD histogram turning bullish
Market wrap up(DWM,T,N,E):The Nifty 50 had another gap-up opening on June 25 and gained further strength, closing above 25,200 for the first time since October last year, with a 0.8 percent rally ahead of the expiry of June derivative contracts scheduled for tomorrow. Given the favourable technical indicators and falling VIX, experts suggest that the index is likely to climb toward the 25,300–25,350 range in the upcoming sessions. Sustaining above this zone could open doors for targets in the 25,500–25,600 range, provided the index holds the support at 25,100–25,000. The index formed a bullish candle on the daily charts, continuing its higher-low formation for the fourth consecutive session. It sustained above short-term moving averages (10 and 20-day EMAs), with positive crossovers in the RSI (at 60.94) and Stochastic RSI. The MACD is on the verge of a positive crossover with an improving histogram, signaling a healthy uptrend.
Market wrap up(DWM,T,N,E):The Nifty 50 was poised for a stellar performance, given its morning rally of 345 points, but ended with just a 72-point gain due to profit booking in the afternoon trade amid concerns over uncertainty led by Middle East tensions. The index failed to defend the 25,200 and 25,300 levels on a closing basis, resulting in a false breakout on June 24, which indicates a likely continuation of consolidation within the 24,800–25,300 range. According to experts, unless the index delivers a decisive and sustained close above 25,300, consolidation may persist, with support seen in the 24,800–24,700 zone. The Nifty 50 formed a bearish candle with an upper shadow on the daily charts, while also registering a higher high–higher low formation. Although the index surpassed both the upper line of the Bollinger Bands and the downward-sloping resistance trendline, it was unable to sustain above either level. On the positive side, the index remained above its short-term moving averages, which is a constructive signal. Additionally, the Stochastic RSI maintained a positive crossover, while the RSI, at 56.71, showed sideways movement.
Stocks removed from F&O ban: Aditya Birla Fashion and Retail, Titagarh Rail Systems
Market wrap up(DWM,T,N,E):The Nifty 50 reversed some of Friday’s gains and closed 0.6 percent lower on June 23. The index remained within the previous day’s range, indicating indecision among bulls and bears, and suggesting consolidation. In the upcoming sessions, the index is expected to remain in the range of 24,800–25,100 until it gives a decisive close on either side. Above 25,100, the level to watch is 25,200, as sustaining above it could open the door for a bullish trend. However, below 24,800, the immediate support is at 24,700, and a break below this level could drag the index toward 24,500, according to experts. he Nifty 50 formed a small bullish candle with long upper and lower shadows, resembling a high wave candlestick pattern on the daily charts—indicating volatility and indecision among buyers and sellers. Trading volume was significantly lower than the previous day’s trade, while the index remained above short-term moving averages and the midline of the Bollinger Bands, which is considered a positive sign. The Relative Strength Index (RSI) at 55.07 remained sideways, while the Stochastic RSI maintained a positive crossover.
Stocks retained in F&O ban: Aditya Birla Fashion and Retail, Biocon, RBL Bank, Titagarh Rail Systems
Stocks removed from F&O ban: Central Depository Services, HUDCO, Manappuram Finance
Market wrap up(DWM,T,N,E):The Nifty 50 gained solid strength on June 20 after a three-day consolidation and rallied 1.29 percent, reviving weak sentiment alongside a falling VIX. Despite the recovery, the index remains within the broad range of 24,450–25,200 for several weeks now. As long as the index trades below 25,200, and geopolitical tensions in the Middle East—which influence oil prices—persist, consolidation and mild correction within a range-bound setup may continue. Key support levels remain at 24,700, followed by the 24,500–24,450 zone, which is also where the 50-day EMA is placed, according to experts. A fall below this crucial support zone may trigger a forceful attack from bears, while a decisive and sustainable close above 25,200 can open the door for strong bullish action.he Nifty 50 formed a long bullish candle on the daily chart after Doji-like candles in the previous two sessions, supported by above-average volumes. The index also climbed above short-term moving averages. On the weekly timeframe, it also formed a bullish candle, but the RSI at 60.81 remained sideways, signaling a lack of directional bias. Additionally, the Average Directional Index (ADX)—a measure of trend strength—stood at 13.32, its lowest level since July 2024, indicating weak trend momentum in either direction. Moreover, the Bollinger Bands on the daily chart have contracted significantly. This formation typically occurs when volatility drops to low levels and the price trades within compressed bands, often preceding a sharp breakout or breakdown, according to experts.
Stocks retained in F&O ban: Aditya Birla Fashion and Retail, Biocon, Central Depository Services, HUDCO, Manappuram Finance, RBL Bank, Titagarh Rail Systems
Stocks removed from F&O ban: Birlasoft, Chambal Fertilisers and Chemicals
Market wrap up(DWM,T,N,E):The Nifty 50 closed 19 points lower after a choppy trading session, continuing its southward journey for the third consecutive session amid fears of an escalating Iran-Israel conflict and cautious commentary from the Federal Reserve. The index traded just below the short-term moving averages (10- and 20-day EMAs) for another session but consistently held the 24,700 support level throughout the week. Experts believe that if this level is decisively breached, the 24,500–24,450 zone becomes a crucial support area to watch. On the upside, the 25,000 mark remains a critical hurdle for any further upward movement. The Nifty 50 formed a Doji-like candlestick pattern on the daily charts, indicating indecision between bulls and bears. It continued to trade just below the short-term moving averages (10- and 20-day EMAs) and the midline of the Bollinger Bands for another session. The MACD histogram softened further with a negative crossover in the MACD, while the RSI stood at 51.65, suggesting a cautious outlook. The Bank Nifty formed a bearish candle on the daily timeframe, falling 251 points amid rangebound trading. The index continued to hover around the short-term moving averages and the midline of the Bollinger Bands during the week, while managing to defend the 55,400 zone. The MACD histogram weakened further with a consistent negative crossover, and the RSI was at 50.66, signaling near-term nervousness.
Stocks retained in F&O ban: Aditya Birla Fashion and Retail, Birlasoft, Central Depository Services, Chambal Fertilisers and Chemicals, HUDCO, Manappuram Finance, RBL Bank, Titagarh Rail Systems
Stocks removed from F&O ban: Indian Renewable Energy Development Agency (IREDA)
Market wrap up(DWM,T,N,E):The Nifty 50 remained in a tight range of 24,700–25,000 for the third consecutive day and closed the consolidative session with moderate losses of 41 points on June 18, as traders maintained caution ahead of the Federal Reserve policy outcome, in which the central bank kept the interest rate steady at 4.25–4.50 percent. The index fell below the 20-day EMA and the midline of the Bollinger Bands, indicating some weakness, although the VIX turned more favourable for bulls. According to experts, unless the index breaks the range on either side, consolidation may continue. Below the lower boundary, 24,500 is the key level to watch; beyond 25,000, 25,200 is the possible resistance. he Nifty 50 formed a small bullish candle with a long upper shadow on the daily timeframe, indicating pressure at higher levels and difficulty in crossing the 25,000 mark. The Bollinger Bands suggest a trading range of 24,500–25,200. The MACD histogram showed further weakness, with the MACD continuing in a negative crossover. The RSI remained above the 50 zone but also stayed in a negative crossover. The Stochastic RSI remained on the verge of a breakout, as observed since the previous session.
Nifty:24853.4/-93.1/-0.37%;Candle:Short day red; Bank Nifty:55714.15/-230.75/-0.41% Candle:Short day red ; HB:Short day red
Analysis Trend(5Day):Nifty: ; BNF: , HB: ;RL;Long day red ;Iny:Short day green ;SenX; Short day red;
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long%FutCash;;Opt%
OI data Nifty ( max pain WM)
OI data Bank Nifty (max pain W M)
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Stocks added to F&O ban: Nil
Stocks retained in F&O ban: Aditya Birla Fashion and Retail, Birlasoft, Central Depository Services, Chambal Fertilisers and Chemicals, HUDCO, Indian Renewable Energy Development Agency (IREDA), Manappuram Finance, RBL Bank, Titagarh Rail Systems
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The Nifty 50 closed a rangebound session with a loss of 93 points on June 17, tracking nervousness in global peers due to the Iran-Israel conflict. The formation of higher highs and higher lows continued for another session, with the index gyrating around the short-term moving averages (10-day and 20-day EMAs). According to experts, the index is expected to consolidate further, with support at 24,700 (Monday’s low) and resistance at 25,000 in the short term. A breakdown below the support could drag the index down to 24,500 (a crucial support level), whereas sustaining above 25,000 may open the doors for a move toward 25,200. The Nifty 50 formed a bearish candlestick resembling a Bearish Belt Hold pattern (though not a classical one) on the daily charts, signaling some weakness. The index managed to defend the 20-day EMA and the midline of the Bollinger Bands on a closing basis, albeit with low volume. Meanwhile, the MACD remained in a negative crossover with a weakening histogram, and the RSI, at 53.26, tilted downward with a negative crossover.
Stocks retained in F&O ban: Aditya Birla Fashion and Retail, Birlasoft, Central Depository Services, Chambal Fertilisers and Chemicals, HUDCO, Indian Renewable Energy Development Agency (IREDA), Manappuram Finance, RBL Bank, Titagarh Rail Systems
Stocks removed from F&O ban: Indian Energy Exchange
Market wrap up(DWM,T,N,E):The Nifty 50 staged a healthy performance on June 16 after a couple of days of correction, rising nearly 1 percent to move closer to the 25,000 zone. The uptrend in global markets, despite ongoing geopolitical tensions, supported the rally. This upward move pushed the index above its short-term moving averages and the midline of the Bollinger Bands, signaling a positive bias. Experts note that as long as the index sustains above 24,800, an upward move toward the 25,000–25,200 zone is possible in the upcoming sessions. However, if it falls below 24,800, support is placed at 24,700, followed by 24,500. The Nifty 50 formed a long bullish candlestick pattern on the daily charts for a second consecutive session, negating the lower tops and bottoms formation of the previous two sessions. It traded above short-term moving averages (10- and 20-day EMAs) and the midline of the Bollinger Bands. The Relative Strength Index (RSI) stood at 55.70, tilting upward, indicating a likely positive crossover.
