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Nifty 50 Technical Outlook for June 10, 2025
The Nifty 50 closed at around 25,103 today, marking its fourth consecutive bullish session. This strong rally was driven by the RBI’s surprise 50 bps rate cut and 100 bps CRR cut, along with encouraging global cues .
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Today’s Range: 25,000–25,132, with momentum exceeding expectations after surpassing the upper bound of its recent trading range (24,500–25,100). The 20-day SMA (~24,800) remains a critical trend-deciding support.
Nifty 50 – Market Summary (June 9, 2025)
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Closing Level: 25,103.15 (+0.40%)
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Opening: 25,067.50
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Day’s Range: 25,031 – 25,150
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India VIX: Mildly lower, indicating reduced volatility
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Market Breadth: Broad-based with gains across most sectors
Top Gainers – Nifty 50
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Adani Ports
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HDFC Bank
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M&M
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JSW Steel
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ICICI Bank
These stocks contributed significantly to the index’s upmove, driven by positive sentiment around earnings potential and liquidity support.
Top Losers – Nifty 50
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Tata Consumer
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Bharti Airtel
Mild profit booking was observed in selective FMCG and telecom stocks, which had seen recent gains.
Also Read :-https://bytethenews.in/indian-stock-market-outlook-tuesday-10-june-2025/
Key Technical Levels
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Support:
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25,000 (psychological base)
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24,800 – 24,700 (SMA and consolidation low),
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Deeper support at 24,543
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Resistance:
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25,131–25,150 (today’s high zone)
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Next levels to watch: 25,259 → 25,350 → 25,500 (potential breakout target)
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Indicators & Momentum
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RSI: Firmly in bullish zone above 60
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Moving Averages: Index remains above 9‑EMA and 20‑SMA, reinforcing short-term strength .
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Breadth: Strong, with mid & small-caps leading; PSU Bank, auto, and financials showing broad participation .
Trading Strategy for June 10
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For Long Traders:
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Continue holding long positions with strict stop-loss at 24,860–25,000 (daily closing).
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Watch for profit-taking near 25,150–25,250, with potential to extend up to 25,500+ on sustained momentum.
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Suitable buy-on-dip zone: 24,800–24,900, especially on increased volume and positive global cues.
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For New Entries:
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Consider entering on small pullbacks (24,800–24,900) if accompanied by healthy volume.
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Avoid fresh shorts unless Nifty settles below 24,700–24,800.
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Risk Management:
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Place trailing stop-losses to safeguard gains as Nifty tests new resistance levels.
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Expert Trading Strategy – June 10, 2025
Nifty is firmly in the bullish zone. Traders holding long positions are advised to continue holding with a strict stop-loss at 24,860 on a daily closing basis.
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Aggressive traders can consider adding to long positions if Nifty crosses and sustains above 25,196, eyeing a short-term move toward 25,233–25,489.
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New entries can be looked at on intraday dips toward 25,030–25,070, especially if supported by positive global cues and strong sector performance.
Bottom Line
With RBI’s policy easing, strong global cues, and demonstrated technical strength, Nifty looks poised to target the 25,300–25,500 band, provided it remains above 24,800–25,000 support. However, traders should stay alert to any profit booking near resistance zones.
1. What is the Nifty 50 and why is it important ?
The Nifty 50 is India’s benchmark stock index, representing the performance of the top 50 large-cap companies listed on the NSE (National Stock Exchange). It’s important because it reflects the overall mood of the Indian stock market. If Nifty is going up, it usually means investors are feeling optimistic about the economy—and vice versa. It’s like a health check-up of the market.
2. How is the Nifty 50 calculated ?
Nifty is calculated using a method called free-float market capitalization. That means it considers only the shares available for trading (not those held by promoters or the government). So, the more valuable a company is in terms of its freely traded shares, the more weight it has in the Nifty index.
3. Can I invest directly in the Nifty 50 ?
Not directly—but yes, in a way. You can invest in Nifty 50 index funds or ETFs (Exchange Traded Funds). These track the Nifty 50 exactly, so when Nifty goes up or down, your investment follows the same path. It’s a great option for people who want broad exposure to the market without picking individual stocks.
4. Is Nifty a good indicator for long-term investment ?
Absolutely. Over the long term, the Nifty 50 has shown steady growth—despite short-term ups and downs. It represents well-established companies across various sectors, making it a solid foundation for long-term investing. Many long-term investors use Nifty as a benchmark to measure their portfolio’s performance.
5. What are the best times to trade Nifty during the day ?
Market activity is usually highest during the first hour (9:15–10:30 AM) and the last hour (2:30–3:30 PM) of trading. These times see more volume and volatility, which is when many traders find good opportunities. But remember, timing the market is tricky—so always combine it with proper research and risk management.