Daily Morning Report – 25/06/2026

Date 25.06.2026

NIFTY OUTLOOK: 24021.65   FII 1843.40 cr    DII 3637.26 cr

As discussed yesterday market behaviour remained on the expected lines during the day, as nifty surpassed it’s immediate resistance and rally upto day High of 24090.05 i.e. near to our resistance of 24080.

Further a bullish candle appeared on daily chart nifty suggest bulls were restricted the sellers to take the nifty down. Hence if nifty gets supportive buying then it may rally further upto 24153 to 24218 on decisively breakout of 24087. If more demand will accentuate then it may have chances to test 24283.

However for down side 23956 to 23890 may act as immediate supports for the nifty, if break through below these supports and sustain may drift down the nifty upto 23828 to 23760.

Bank Nifty OUTLOOK:                                                                                             

SPOT:  58150.35  Pcr: 1.19 Max Ce OI on 60000 & Max Pe OI on 54000

On June 24, 2026, a Bank Nifty index was closed at 58150.35 (966.60) (1.69%). The total movement in the index was 1181.45 during the trading session.  The index made a high of 58256.35 and a low of 57074.90.

Technical view:

Important support and resistance level of Bank nifty are 57200 and 58650 respectively.

Intraday Support and resistance of Bank nifty are 57820 and 58475 respectively.

The Relative Strength Index (RSI) for the Nifty Bank index at 66.5. Below 30 is considered oversold and above 70 overbought.

Bank nifty Day SMA Analysis

Bank nifty is trading above 8 out of 8 SMA’s  (5, 10, 20, 30, 50, 100, 150, 200 Day).

Bank nifty is trading below 0 out of 8 SMA’s.

One Bullish active Candlestick Pattern was identified in bank nifty on daily chart.

• Long Line Uptrend

Important Pivot Point Levels for Today:                                                     

Nifty

Bank Nifty

By Ashok Bhandari (RA)

SEBI Regd. No. INH00019549