{"id":2634,"date":"2025-06-24T09:13:10","date_gmt":"2025-06-24T03:43:10","guid":{"rendered":"https:\/\/m.intradayafl.com\/?p=2634"},"modified":"2025-06-24T09:13:11","modified_gmt":"2025-06-24T03:43:11","slug":"nifty-50-bank-nifty-prediction-24-june-2025","status":"publish","type":"post","link":"https:\/\/m.intradayafl.com\/index.php\/2025\/06\/24\/nifty-50-bank-nifty-prediction-24-june-2025\/","title":{"rendered":"Nifty 50 &amp; Bank Nifty Prediction 24 June 2025"},"content":{"rendered":"<p><!-- Post-Market Analysis: Nifty 50 & Bank Nifty (23 June 2025) --><\/p>\n<h1>Post-Market Analysis: Nifty 50 &amp; Bank Nifty (23 June 202. Price Action, Strategy &amp; Global Cues<\/h1>\n<p>Indian indices closed in the red on Monday, with Nifty 50 slipping back below 25,000 amid heightened geopolitical tensions. The 5-minute intraday chart shows that Nifty opened under pressure, falling sharply in the first hour (dropping from ~24,970 to ~24,950), then attempting a rally in late morning before stalling again near the psychological 25,000 level. Bank Nifty followed a similar pattern: it gapped down at open, found support around 56,000, then bounced mid-session before finishing modestly lower. Global risk-off cues (from Middle East conflict news and spiking oil prices) weighed on tech and financial stocks.<\/p>\n<ul>\n<li><strong>Early Sell-off:<\/strong> Nifty fell sharply at the open due to US-Iran tension, with Sensex plunging ~550 pts by 9:30 AM.<\/li>\n<li><strong>Midday Recovery:<\/strong> Relief rally around 11 AM; Nifty reclaimed ~24,960 before stalling. RBI easing helped sentiment.<\/li>\n<li><strong>Afternoon Pullback:<\/strong> Selling resumed as oil surged. Nifty closed at 24,972 (\u22120.56%), Bank Nifty at 56,059 (\u22120.34%).<\/li>\n<li><strong>Candlestick Patterns:<\/strong> Nifty formed a small green candle with wicks, signaling indecision. Bank Nifty had an \u201cinside bar\u201d day.<\/li>\n<\/ul>\n<h2>Technical Indicators &amp; Key Levels<\/h2>\n<p>India VIX eased ~4% to 13.67, showing reduced fear. Nifty PCR rose to 1.14, suggesting strong support at 25,000. RSI was near 55, neutral. Nifty is above its 20-day EMA (~24,850) and 50-day EMA (~24,700), maintaining a bullish structure.<\/p>\n<table>\n<thead>\n<tr>\n<th>Index\/Indicator<\/th>\n<th>Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>India VIX<\/td>\n<td>13.67 (\u2193 4%)<\/td>\n<\/tr>\n<tr>\n<td>Nifty RSI<\/td>\n<td>~55<\/td>\n<\/tr>\n<tr>\n<td>Nifty PCR (26 Jun)<\/td>\n<td>1.14<\/td>\n<\/tr>\n<tr>\n<td>Bank Nifty PCR<\/td>\n<td>0.92<\/td>\n<\/tr>\n<tr>\n<td>20-day EMA (Nifty)<\/td>\n<td>24,850<\/td>\n<\/tr>\n<tr>\n<td>50-day EMA (Nifty)<\/td>\n<td>24,700<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Sector Performance<\/h2>\n<p>IT was the biggest loser (\u22121.5%), followed by banking and auto (\u22121% to \u22121.1%). FMCG declined ~0.7%. In contrast, metals, pharma, and media were flat to mildly positive. Midcaps and smallcaps outperformed, with Nifty Midcap 100 up ~0.3% and Smallcap ~0.7%.<\/p>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Change (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>IT<\/td>\n<td>\u22121.5%<\/td>\n<\/tr>\n<tr>\n<td>Banking<\/td>\n<td>\u22121.0%<\/td>\n<\/tr>\n<tr>\n<td>Auto<\/td>\n<td>\u22121.1%<\/td>\n<\/tr>\n<tr>\n<td>FMCG<\/td>\n<td>\u22120.7%<\/td>\n<\/tr>\n<tr>\n<td>Pharma<\/td>\n<td>+0.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>Global &amp; Macro Cues<\/h2>\n<ul>\n<li><strong>Middle East Tension:<\/strong> Iran missile strikes on US base triggered fear. However, no US casualties reported eased panic. A ceasefire was declared later.<\/li>\n<li><strong>Oil Prices:<\/strong> WTI spiked to $76.7 but reversed to ~$70.8 (\u21935%) as panic faded. This helped cool inflation fears.<\/li>\n<li><strong>US Markets:<\/strong> Despite geopolitical noise, Dow and S&amp;P 500 closed higher. Asian markets opened stronger on Tuesday (e.g. Nikkei +1.1%).<\/li>\n<\/ul>\n<h2>Institutional Activity &amp; Option Trends<\/h2>\n<ul>\n<li><strong>FII\/DII Activity:<\/strong> FIIs sold \u20b91,874cr; DIIs bought \u20b95,592cr.<\/li>\n<li><strong>Open Interest:<\/strong> Highest put OI at 25,000, major call OI unwind at 25,200. Suggests market expects a range of 24,800\u201325,200 in near term.<\/li>\n<li><strong>Volatility:<\/strong> India VIX dropped to 13.67. Global VIX indicators also softened.<\/li>\n<\/ul>\n<h2>Strategy for 24 June 2025<\/h2>\n<ul>\n<li><strong>Intraday:<\/strong>\n<ul>\n<li>Gap-up above 25,200 \u2192 Buy on dips toward 25,150. Targets: 25,400\u201325,500. SL: &lt; 25,000.<\/li>\n<li>Failure above 25,200 or break below 25,000 \u2192 Short, targets: 24,800 &amp; 24,700.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Bank Nifty:<\/strong> Support at 56,000 &amp; 55,400; resistance at 56,500\u201356,600.<\/li>\n<li><strong>Swing:<\/strong> Long bias above 25,200. Break below 24,700 is bearish. Ideal trade: long call spreads or bullish put spreads above 25,000.<\/li>\n<li><strong>Stocks to Watch:<\/strong> TCS, Infosys for recovery. Auto &amp; banks on oil relief. FMCG may underperform if sentiment improves.<\/li>\n<\/ul>\n<h2>Disclaimer<\/h2>\n<p><em>This analysis is for educational purposes only. It is not investment advice. Traders must perform their own due diligence before acting on any information presented above.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Post-Market Analysis: Nifty 50 &amp; Bank Nifty (23 June 202. Price Action, Strategy &amp; Global&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"_ti_tpc_template_sync":false,"_ti_tpc_template_id":"","footnotes":""},"categories":[23],"tags":[36,33,28,38,27,25],"class_list":["post-2634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nifty-outlook","tag-buy-sell-signal-indicator","tag-intraday-signals","tag-iran-conflict","tag-market-prediction","tag-post-market-analysis","tag-technical-analysis"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/posts\/2634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/comments?post=2634"}],"version-history":[{"count":1,"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/posts\/2634\/revisions"}],"predecessor-version":[{"id":2636,"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/posts\/2634\/revisions\/2636"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/media\/2635"}],"wp:attachment":[{"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/media?parent=2634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/categories?post=2634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/m.intradayafl.com\/index.php\/wp-json\/wp\/v2\/tags?post=2634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}