πŸ“ˆ Breakdown Looms Below 24,800

πŸ” Market Recap:

On June 12, 2025, the Nifty 50 Index closed the session at 24,856.00, reflecting a significant bearish sentiment through the day. The index experienced a steep decline from intraday highs, continuing the downward trend that started on June 11 and strengthened further on June 12.

Key Observations:

  • Resistance Zone: Around 25,100 – 25,140, which previously acted as a support and now turned into a supply zone.
  • Support Zone: Immediate support lies near 24,820 – 24,800. A break below this level could accelerate the downside momentum.
  • Volume Analysis: Despite being a Friday, volume was above average in the latter half of the session, indicating strong institutional selling.
  • Candle Patterns: A series of red candles without significant lower wicks highlights continued seller dominance.

🧠 Technical Indicators Summary

IndicatorSignal
Moving Averages (20 & 50 EMA)Bearish crossover confirmed
RSI (14)~36 – Weak momentum, nearing oversold
MACDBearish, with widening histogram
ATR (5)Rising, indicating higher volatility

πŸ“Š Chart Levels to Monitor (Based on 5-Min Chart)

Level TypePrice
Intraday Resistance 124,925
Intraday Resistance 225,100
Intraday Support 124,838
Breakdown Level24,800
Reversal ConfirmationAbove 25,140 with volume

πŸ“… Outlook for June 13, 2025

Given the continuation of bearish momentum and failure to recover above 25,000, Nifty is likely to open flat-to-negative unless there’s a strong global or domestic trigger.

βœ… Bullish Scenario:

  • Only above 25,140, with strength and volume.
  • Target zones: 25,200 β†’ 25,260.
  • Strategy: Go long on a confirmed breakout with SL at 25,000.

❌ Bearish Scenario:

  • Sustained break below 24,800 opens room for 24,720 β†’ 24,650.
  • Strategy: Short on breakdown below 24,800 with SL at 24,880.

🎯 Trading Strategy for June 13, 2025

πŸ“Œ Plan A – Intraday Buy (Reversal Trade)

  • Trigger: Break above 25,000 and sustain
  • Entry: 25,020
  • Targets: 25,100 / 25,140
  • Stoploss: 24,960

πŸ“Œ Plan B – Intraday Sell (Breakdown Trade)

  • Trigger: Fall below 24,800
  • Entry: 24,780
  • Targets: 24,720 / 24,650
  • Stoploss: 24,850

πŸ›‘οΈ Risk Management:

  • Trade with fixed SL (Stop Loss) and use 1:2 reward-to-risk setup.
  • Reduce position sizing in high volatility zones.

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