Quote on Morning Market Movement 25th June 2025 by Akshay Chinchalkar, Head of Research, Axis Securities
Below the Quote on Morning Market Movement 25th June 2025 by Akshay Chinchalkar, Head of Research, Axis Securities
The nifty ended higher yesterday but not before selling off hard at the close. Technically speaking, the initial thrust broke above the sideways range in place since mid-May and took out the critical 25222 level in the process, but the close was anything but inspiring for bulls. Therefore, who gets the upper hand in the near-term will depend on whether yesterday's high or low gets taken out first, ideally on a closing basis. So 25000 and 25317 are the levels to watch out for. Beyond 25317, 25500 is next resistance. Under 25000, 24800 is the next support level. Global cues remain good with the Nasdaq 100 jumping to a fresh record high.
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F & O Rollover Report 25th June 2025 by Axis Securities
