๐ Nifty 50 Index Deep Post-Market Analysis โ 19 June 2025
The Nifty 50 closed at 24,744.70, down by 34.90 points (-0.14%), marking a volatile and largely range-bound session on 19 June. The index opened slightly lower and spent most of the day inside a narrow consolidation zone before a sharp end-of-day sell-off.
The attached 5-minute intraday chart offers these key insights:
๐ Chart-Based Observations
- Opening Price: โ 24,779.95
- Initial pullback stalled near 24,800โ24,820.
- Sell signal at 24,854.35 (โ 10:30 AM) set a lower-high sequence in motion.
- Mid-session consolidation between 24,790โ24,820.
- Buy signal at 24,816.15 faded near 24,850, creating an intraday double top.
- Late-session sell-off from 24,791.75 drove prices to the dayโs low (24,733.40) before a 24,744.70 close.
๐ Key Technical Levels
Parameter | Level (Approx) |
---|---|
Immediate Resistance | 24,820 / 24,850 |
Strong Resistance | 24,900 โ 24,950 |
Immediate Support | 24,740 / 24,710 |
Strong Support | 24,660 โ 24,620 |
Closing Price | 24,744.70 |
๐ฎ Outlook for 20 June 2025
The chart structure points to rising downside momentum thanks to continuous rejection at upper resistance and a clean breakdown of intraday support.
๐ Bullish Scenario
- Gap-up above 24,800 could spark a test of 24,850โ24,880.
- Sustained move over 24,900 would open the door to 25,000+.
๐ Bearish Scenario
- Flat or weak open followed by a break of 24,720 targets 24,660 or lower.
- Repeated failure to close above 24,800 keeps bears in control.
๐ง Intraday Trading Strategy โ 20 June 2025
๐น Trend Bias: Bearish with High Volatility
Strategy A โ Sell on Rise (Preferred)
- Entry: 24,820โ24,850
- Stop Loss: 24,880
- Targets: 24,740 โ 24,660 โ 24,620
Strategy B โ Buy on Dip (Quick Rebound Only)
- Entry: 24,700โ24,710
- Stop Loss: 24,660
- Targets: 24,780 โ 24,820
๐น Option Ideas
- Bear Call Spread: Sell 24,900 CE / Buy 25,000 CE
- Intraday Short Straddle (High Risk): Sell ATM CE & PE; square-off by 1 PM if no breakout
๐ Risk-Management Tips
- Use strict stop-losses; volatility spikes can whipsaw positions.
- Size trades conservatively โ avoid over-leveraging.
- Monitor global cues (US indices, crude, USD-INR) and FII/DII flows.
๐ Summary
19 June saw range-bound action ending in a decisive sell-off, tilting the near-term bias bearish unless the index reclaims 24,850โ24,900. For 20 June, favor shorting rallies while remaining nimble and disciplined with risk controls.
Stay tuned for more daily Nifty insights and strategy updates.