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Nifty Prediction for Tomorrow by Experts – 5 June 2025

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Nifty 50 Prediction for Tomorrow (June 5, 2025): Expert Technical Outlook

The Nifty 50 index finally broke its three-day losing streak on June 4, 2025, registering modest gains amid cautious optimism ahead of the Reserve Bank of India’s (RBI) upcoming policy decision. The index closed at 24,620.20, up 0.32% or +77.70 points, but failed to convincingly break through any major resistance levels. While the recovery was aided by select financials, telecom, and largecap IT stocks, overall market sentiment remains mixed, with most participants adopting a wait-and-watch approach.

The day began with Nifty opening marginally higher, and it traded in a narrow range between 24,552 and 24,666throughout the session. Market breadth improved slightly compared to the previous session, but the advance-decline ratio remained modest, indicating selective buying rather than broad-based participation.

Despite the positive close, Nifty remains below its critical breakout level of 24,845, which is acting as a near-term barrier. The 20-day EMA has been breached earlier in the week, and the index has yet to reclaim that territory. Technical indicators such as the Relative Strength Index (RSI) continue to hover in the 46–48 range, pointing to a loss of bullish momentum without yet entering oversold territory.

Nifty Market Summary – June 4, 2025

 

Top Gainers – June 4, 2025

 

Also Read :-https://bytethenews.in/stock-market-predictions-for-tomorrow-india-5-june-2025/

 

Top Losers – June 4, 2025

 

Technical Analysis – Nifty 50

From a technical perspective, Nifty remains in a vulnerable zone, unable to sustain gains above short-term moving averages. The index faces immediate resistance at 24,666, followed by 24,712, and a more meaningful breakout level lies at 24,845. On the downside, support remains at 24,552 and 24,485. A decisive move below 24,485 could trigger further downside toward 24,439 and 24,387 in the short term.

The RSI, currently between 46–48, reflects waning buying interest, suggesting that traders are cautious. A bounce above 50 could be the first sign of bullish revival, but until then, weakness is likely to persist on rallies.

Key Technical Levels

Support Zones:

Resistance Zones:

 

Stop-loss for Long Positions:

 

Trading Strategy – June 5, 2025

With mixed cues and technical weakness, traders are advised to maintain caution. The index is still trading below its key breakout levels, and unless strong buying emerges above 24,845, upside remains capped.

For Positional Traders:

 

For Intraday Traders:

 

For Bearish Traders:

Expert Opinion

Despite Wednesday’s gains, there’s no convincing reversal in trend yet. The index continues to face headwinds near resistance zones, and the RBI’s upcoming monetary policy decision may play a pivotal role in driving near-term direction. For now, buying on dips near support and selling near resistance remains the safest approach.

Unless 24,845 is breached decisively, short-term traders should maintain a defensive stance and follow strict stop-losses to protect capital.

Frequently Asked Questions (FAQs)

 

1. What was Nifty’s closing level on June 4, 2025 ?

Nifty closed at 24,620.20, up 0.32% or 77.70 points.

 

2. What is the current short-term trend for Nifty ?

The trend remains neutral to slightly negative as Nifty struggles below its key breakout level of 24,845.

 

3. When should traders consider going long ?

A long position is recommended only above 24,845 with confirmation from volume.

 

4. What are the key resistance levels to watch ?

Resistance at 24,666, 24,712, and breakout above 24,845.

 

5. Is it a good time to short the index ?

Yes, if Nifty breaks below 24,485 with strong bearish momentum.

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