Quote on Morning Market Movement 17th June 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

2025-06-17 10:46:27 am | Source: Axis Securities

Quote on Morning Market Movement 17th June 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

News By Tags | #Sensex #ExpertViews #MarketOutlook #Nifty #BankNifty #AxisSecuritiesLtd #AkshayChinchalkar

Below the Quote on Morning Market Movement 17th June 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

The nifty continued its recovery in the previous session as global markets rebounded on news that Iran is looking to resume talks. Technically speaking, yesterday's advance was a follow-through candle to the prior day's bullish belt hold and we also finished above a down-gap level, which is bullish behavior. For the upcoming session, resistance can be seen between 25000 and 25238 while support lies between 24750 and 24800. Global cues are mixed this morning, with Asia up slightly but US index futures in the red. That means our markets could open with a flat to slightly red open.

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Quote on Morning Market Movement 17th June 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

Top News

Tag News

More News