Quote on Morning Market Movement 30 June 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

2025-06-30 09:43:11 am | Source: Axis Securities

Quote on Morning Market Movement 30 June 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

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Below the Quote on Morning Market Movement 30 June 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

“The Nifty ended 88 points higher, settling at 26738. Technically speaking, and like we have been highlighting, a trending move post the over month-long consolidation is already underway. We are now testing an important upside hurdle between 25640 and 25740 followed by a rising channel peak around 25800, so once we clear this zone, the next logical objective will be the all-time high at 26277. Immediate support lies at 25400 followed by 25250. Global cues are positive this morning, with Japan leading the gains in Asia and US futures in the green.”

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Quote on Morning Market Movement 30 June 2025 by Akshay Chinchalkar, Head of Research, Axis Securities

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