📈 Nifty 50 Today Analysis (June 6, 2025)
Market Overview: Nifty 50 ended the day above the 25,000 mark with a strong bullish sentiment following RBI's surprise 50 basis points rate cut to boost growth.
- Closing: Nifty closed above 25,000 with strong momentum.
- Sectors Leading: Auto, Banking, and IT showed strong buying interest.
- Support Level: 24,700 – critical for trend continuation.
- Resistance Level: 25,050 – breakout point for higher targets.
🔥 Sector Performance
- Auto: +0.85%
- Bank Nifty: +0.53%
- IT: Flat to slightly positive
🔍 Technical Outlook
If Nifty breaks above the resistance zone of 25,050–25,070, it can target 25,300 to 25,600 in the coming sessions.
If Nifty fails to sustain above 25,000, expect a possible decline towards 24,700–24,800.
📅 What To Do Tomorrow (June 9, 2025)
- For Traders: Watch for a breakout above 25,050. Go long with tight stop-loss near 25,000.
- For Investors: Hold positions with a bullish outlook while Nifty trades above 24,700.
- Options Strategy: Use short strangle or iron condor near the 25,000 level to profit from sideways movement.
📊 Trade Plan Summary
Key Level | Action |
---|---|
Above 25,050 | Go long, target 25,300–25,600 |
Below 25,000 | Exit longs or go short till 24,700 |
✅ Final Tips
- Stay updated on global cues and RBI commentary.
- Focus on strong sectors like Auto and Banks.
- Use proper stop-loss to manage risk.
Note: This is not financial advice. Do your own analysis or consult a professional before investing.