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Below the Quote on Nifty 18 June 2025 by Rupak De, Senior Technical Analyst at LKP Securities

"The index remained volatile throughout the day as updates related to the Israel-Iran conflict and the possibility of U.S. kinetic intervention weighed on global sentiment. Additionally, anticipation ahead of the upcoming Fed meeting contributed to the instability in the Indian market. On the technical front, Nifty closed below the crucial support level of 24,850. However, a positive surprise from the Fed could lift both global and domestic markets, helping them shake off prevailing negativity. On the upside, a decisive reclaim of 24,850 may trigger a rally towards 25,000 and higher, while a failure to move back above this level could drag Nifty down towards 24,500."

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