Today’s trade setup: Nifty 50 to global cues : June 30, 2025
Stock Market Today: According to experts, the Nifty 50‘s critical retracement support zones would be 25,500 to 25,300.
Today’s stock market: Due to positive global indications, the benchmark Nifty-50 index concluded the week ending June 27, 2025, 2.3% higher than it did the previous week. The metals,IT,and oil and gas indices were among the major gainers,while the Bank Nifty gained almost 2% to close at 57,443.90. Over the course of the week,the wider indices increased 2.4% to 4.3%.
Monday’s Trade Setup :
The Nifty would have important retracement support zones between 25,500 and 25,300. According to Amol Athawale, VP-Technical Research at Kotak Securities, the index has upward potential up to 26,000, although the uptrend may extend above this level, with 25,850 acting as the immediate resistance.
According to Athawale, traders may see that the important support zones for the Bank Nifty are 57,000–56,700–56,500, while the critical resistance levels are 57,500–57,800–58,200.
World Markets and the Israel-Iran Conflict :
In the future, market direction will continue to be determined by global cues. Even though sentiment has improved, there is still apprehension about possible tariff increases. U.S. tariffs are set to begin on July 9 and trade deal updates will continue to be a priority, according to Ajit Mishra, SVP, Research, Religare Broking Ltd. Although there are still few details, the U.S. president recently declared on social media that a deal had been signed with China and hinted at a possible pact with India. According to Mishra, the market will keep a careful eye on these events for more clarification.
In order to assess short-term market trends,high-frequency data from domestic sources,including IIP and PMI numbers,monsoon progress,and FII activity, will be prioritized.
Stocks to purchase today :
Choice Broking Executive Director Sumeet Bagadia has suggested two stocks for today. Three stocks were recommended by Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi, while three stock selections were made by Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher.
These include Chambal Fertilizers & Chemicals Ltd., DLF Ltd., Aditya Birla Fashion and Retail Ltd., Bharat Dynamics Ltd., SRF Ltd., SBI Life Insurance Company Ltd., Bharti Airtel Ltd., and NOCIL Ltd.
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.
