03 June 2025: FII-DII Data, Option Chain & Technical Indicators Signal Caution for Nifty
Nifty Trend & Technical Outlook for June 3, 2025 — Key Levels, FII-DII Data & RBI Policy Impact
Nifty 50 heads into June 3, 2025, amid high volatility, geopolitical tensions, and anticipation around the upcoming RBI Monetary Policy. Here’s a comprehensive outlook based on technical indicators, options data, FII-DII positioning, and global market cues.
Technical Analysis Across Timeframes
Daily Chart
- RSI (14): 49.1 (neutral)
- MACD: Bearish crossover
- Stochastic: Overbought at 98.8
- Support: 24,600
- Resistance: 24,900
1-Hour Chart
- RSI: Neutral
- MACD: Bearish crossover
- Support: 24,480–24,524
- Resistance: 24,800
15-Minute Chart
- RSI: Neutral
- MACD: Bearish crossover
- Support: 24,600
- Resistance: 24,900
Option Chain Data — Key Levels
- Maximum Call OI: 25,500 (major resistance)
- Maximum Put OI: 24,500 (strong support)
- Put-Call Ratio (PCR): 0.90 (slight bearish bias)
FII-DII Cash & Derivatives Positioning
- FIIs: Net sellers of ₹2,589.47 Cr
- DIIs: Net buyers of ₹5,313.76 Cr
- FII Futures Data: Increasing shorts in index futures, cautious sentiment
RBI Policy Expectations
Markets expect a 25bps rate cut, with SBI Research hinting at a possible 50bps jumbo cut owing to falling inflation and global slowdown. This will directly impact banking, realty, and midcap stocks.
Global Cues: Russia-Ukraine Tension
The ongoing conflict continues to pressure crude oil prices, affecting inflation and market volatility. FIIs remain cautious, while DIIs absorb domestic equity supply.
Key Breakout & Breakdown Levels for June 3
- Breakout Level: 24,900 — above this, expect 25,050–25,200
- Breakdown Level: 24,480 — below this, expect 24,300–24,150
Conclusion
Nifty remains trapped in a narrow range with a negative bias. Overbought indicators and FII derivatives data hint at caution. The RBI policy outcome on June 6 and global crude movement will guide market direction in the week ahead. Aggressive trades should be avoided until a clear breakout above 25,000 or breakdown below 24,480.
Trade Safe — Stay Alert!
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