Today’s trade setup: Nifty 50 & global cues : June 11, 2025
Wednesday Trade Setup :
A sustained advance over 25200 levels could pave the way for the next upswing towards 25600 levels in the near future,even though the Nifty‘s short-term movement has been choppy. According to Nagaraj Shetti,Senior Technical Research Analyst at HDFC Securities,immediate support is situated between 25000 and 24900 levels.
Although the Bank Nifty has immediate support at 55,400,Bajaj Broking anticipates that the index will continue its upward trend.
International Markets and Prospects :
For more guidance,investors will be keenly observing Trump speech later today,as well as the U.S. inflation report that is scheduled for Wednesday and the India CPI that is scheduled for Thursday.According to Siddhartha Khemka, Head of Research,Wealth Management,Motilal Oswal Financial Services Ltd.,we anticipate that markets will continue to stabilize and remain range-bound with a bullish bias in the future.
Disclaimer: bharatbulletin24x7.com does not endorse the opinions or suggestions expressed above; rather,these represent the opinions of individual analysts or brokerage firms. Before making any financial decisions,we encourage investors to consult with qualified professionals.
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