Nifty 50, Sensex Today: What to expect from the Indian Stock Market in Trading on June 26 amid Israel-Iran Wanting | Einsmark news

The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Thursday, with the detection of mixed global markets amid caution over the fragile Israel-Iran arms. The trends on gift Nifty also indicate a generous positive start to the Indian measure index. The Gift Nifty traded about 25,296 level, a premium of nearly 43 points from the Nifty Futures’ previous closure. The domestic stock market indices have an extensive rally for the second consecutive session on Wednesday to finish sharply higher, with the benchmark Nifty 50 closing above 25,200 level. The Sensex jumped with 700.40 points, or 0.85%, to close at 82,755,51, while the Nifty scored 50 200.40 points, or 0.80%, higher at 25,244.75. Here’s what to expect from Nifty 50 and Bank Nifty Today: Nifty 50 Prediction Nifty 50 continued on June 25 and closed the day with a healthy profits of 200 points. A fairly positive candle was formed on the daily map on Wednesday, after the formation of a negative candle of the previous session. Technically, this market action indicates an attempt to restore the intraday losses of Tuesday. The broader high low range of 25,200 – 24,500 levels, ‘says Nagaraj Shetti, senior technical research analyzed by HDFC,’ Securities. Further sustainable upside from here can draw Nifty 50 to the next upward target of 25,600 – 25,700 levels at the near term. Immediate support is placed at 25,000 levels, he added. Mehra, technical research analyst, Samco Securities, noted that the Nifty keeps 50 above the 9-day and 20-day moving averages, with the latter near 25,000, acting as a pillow on the short term. The daily super -trend support routes, which indicate sufficient buffers to the disadvantage. “The RSI is now hanging above the key 60 mark, and shows an improved momentum. Meanwhile, the MACD is at the tip of a bullish crossover. The India-Vix has dropped by 5% to 12.96, reducing the concerns about the near term and creating a supporting outlook. 25,330-25,410. And the support is now at 24,800 levels. The ADX DI+ line slopes upside down with the ADX average line, indicating a momentum in the rally. The momentum indicators, which have a further moment of the upside in the index, “said Dwarakanath. Vla Ambala, co-founder of the stock market today, expects the market to lean to a buy-to-dip strategy, especially if the Nifty 50 index opens below 25,000 as a result of any macroeconomic triggers. tendency with no signs of turnaround. So, for the remaining trade session in June, we could expect Nifty to get support between 25,000 and 24,950 and resist the rest of the June session, “Ambala said. The Bank Nifty Prediction Bank Nifty Index scored 159.25 points, or 0.28%, on Wednesday to close at 56,621, respect. Index in the process acted more than 80% of its recent breathing (57,049 – 55.149). Momentum remains firmly above the 55,400 zone, corresponding to the recent pecot -pivot base and the previous week’s low, low, it’s an adjustment of IT -It as an A -adjustment support, “Bajaj Broking Market said. Extension to the 57,600 mark in the coming weeks. Key structure support is placed on the 54,500-54,000 zone, characterized by the confluence of the 50-day EMA and the most important Fibonacci levels, which act as a strong pillow on the pillow, “the brokerage firm said. “The 9-day and 20-day EMAs are still acting as support, while the 50-day catches up from the bottom. The setup reflects steady progress, although a stronger directional push is awaited. The RSI climbed above 60, indicating that the momentum gradually builds up to the recent consolidation. The immediate hurdle is near the upper canal resistance about 57,000, while support for the near term stands at 56,200. ‘said. A ‘Buy on Dip’ strategy would be the preferred approach for the upcoming session, he added. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.