Technical Analysis 27th June 2025
Technical Outlook & Trade Strategies
Today’s trading session witnessed a mixed trend, with Nifty closing at 25,549 after fluctuating between 25,259.9 and 25,565.3. Bank Nifty showed resilience, closing at 57,206.7 after opening at 56,693.55. The market remained volatile due to global cues and domestic factors.
Key Observations of Market Closing
- Nifty Range: 25,259.9 – 25,565.3 | Closing: 25,549
- Bank Nifty Range: 56,558.35 – 57,263.45 | Closing: 57,206.7
- Volume: 428,891,818 (indicating moderate participation)
- No Bullish Trade in Bearish Candle, No Bearish Trade in Bullish Candle
Global Cues, Crude Oil, Dollar/Rupee Impact
- Crude Oil Prices: Dropped below $65.5/barrel, easing inflation fears.
- Rupee vs. Dollar: Trading near 85.75, indicating slight pressure.
- European Markets: Flat to bullish sentiment.
- Dow Futures: Flat to mildly bullish, suggesting stable global cues.
Tomorrow’s Market Prediction (27th June 2025)
Nifty Key Levels
- No-Trading Zone: 25,477 – 25,570 (Wait for breakout confirmation)
- If 15-minute candle closes above 25,570:
- 1st Target: 25,642
- 2nd Target: 25,737
- If 15-minute candle crosses 25,570 but closes below:
- 1st Target: Today’s closing (25,500)
- 2nd Target: 25,426
- If 15-minute candle closes below 25,477:
- 1st Target: 25,426
- 2nd Target: 25,316
- If 15-minute candle crosses 25,477 but closes above:
- 1st Target: 25,500
- 2nd Target: 25,630
Bank Nifty Outlook
- Support: 56,800 – 56,500
- Resistance: 57,500 – 57,800
- Breakout above 57,500 could trigger a rally towards 58,000.
Trade Recommendations
Nifty Strategy
- Long Trade: Only if Nifty sustains above 25,570 (Stop Loss: 25,520)
- Short Trade: Only if Nifty breaks 25,477 (Stop Loss: 25,520)
- Avoid trading in the no-trade zone (25,477 – 25,570).
Bank Nifty Strategy
- Buy above 57,300 (Target: 57,800)
- Sell below 56,800 (Target: 56,500)
Important Rule:
- No bullish trade in a bearish candle & no bearish trade in a bullish candle.
Final Verdict
The Indian Stock Market is at a crucial juncture, with Nifty stuck in a tight range. Global cues and crude oil prices will play a key role. Traders should wait for a confirmed breakout before taking aggressive positions. Bank Nifty looks stronger, and a move above 57,500 could signal further upside.
For more stock market predictions and derivative market insights, stay tuned to Option Matrix India.
Disclaimer: This is not financial advice; trade at your own risk.