Nifty 50 Index Outlook – 10 June 2025

Nifty 50 Index Outlook – 10 June 2025

Market Summary (Previous Session – 09 June 2025):

  • Open: 25,107.20
  • High: 25,108.20
  • Low: 25,099.40
  • Close: 25,102.15
  • Change: -4.40 (-0.02%)
  • Volume: 8.09M (notably rising in the last hour)

Chart Observations:

  1. Strong Support Zone:
    • Around 25,080 – 25,100, visible from price bounces and consolidation.
  2. Immediate Resistance Zone:
    • Near 25,130 – 25,150, where price rejected twice during mid-session.
  3. Volume Spike:
    • Notable increase in volume near the close suggests potential breakout or reversal on 10th June.
  4. Trend Context:
    • Market is range-bound with mild bearish bias.
    • Slight upward consolidation in the second half of the session.

🧠 Trading Strategy for 10 June 2025 (Intraday – Scalping/Short-Term):

Bullish Scenario (Buy Setup):

  • Entry Above: 25,120 with volume confirmation
  • Target 1: 25,140
  • Target 2: 25,160
  • Stop Loss: Below 25,100
  • Logic: Breakout of minor consolidation; momentum above 25,120 could trigger quick scalps.

Bearish Scenario (Sell Setup):

  • Entry Below: 25,090 with strong bearish candle
  • Target 1: 25,070
  • Target 2: 25,050
  • Stop Loss: Above 25,110
  • Logic: Breakdown from support area may see continuation to lower supports.

Range Trading Plan (if market remains sideways):

  • Buy near 25,080–25,090, Sell near 25,130–25,140
  • Use tight stop loss of ~15 points and confirm with volume/price action.

⚠️ Caution Notes:

  • Avoid early trades within the first 15 minutes unless volume is exceptionally high.
  • Watch for global market cues, especially from US futures and SGX Nifty.
  • Keep an eye on India VIX for volatility spikes.

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