Nifty 50 Technical Analysis for 17 June 2025 | RSI, MACD, Moving Averages, Option Data & Key Resistance at 25200 !!!!
Nifty 50 Technical Analysis & Trade Setup for 19 June 2025
Indian stock markets are poised for an active session on 19 June 2025 with Nifty closing at 24,946 and GIFT Nifty indicating an open around 25,050. In this post, we'll decode the latest Nifty 50 technical levels, option data trends, and key setups to watch tomorrow. Option traders, positional players, and intraday scalpers — this guide is for you!
Nifty 50 Key Technical Levels for 19 June 2025
- Resistance Zone: 25,050 – 25,150
- Immediate Support: 24,900 – 24,850
- Key Breakout Level: 25,100
- Breakdown Watch: 24,800
Option Data & FII/DII Activity
Option chain data suggests strong call writing at 25,050–25,100 and put support near 24,800–24,850. FII selling persisted in the cash segment, while DIIs extended net buying, providing crucial domestic support. India VIX remains moderately elevated, implying decent intraday volatility potential.
Recommended Option Strategies
- Bull Call Spread: Buy 24,900 CE & Sell 25,200 CE
- Short Strangle: Sell 24,800 PE & 25,200 CE (on IV rise)
- Gap Profit Play: Sell 25,050 CE for premium decay near open
Caution Near 25,200
Important caution: If Nifty 50 approaches 25,200, expect heavy profit booking and volatility spikes. This zone acts as a crucial resistance and breakout here without strong volumes might trigger sharp intraday reversals. Use trailing stop-loss for longs above 25,100.
Conclusion
With GIFT Nifty indicating bullish cues, tomorrow's Nifty session offers excellent opportunities in both intraday trades and option strategies. Keep a close watch on the 24,850–25,050 zone for trade setups, with cautious positioning near 25,200 resistance. Track FII/DII flows and global cues actively.
Closing: 24,946 | GIFT Nifty: 25,050
Technical Indicator Insights
- Moving Averages: Price rebounded from 20 & 50 SMA support zone. 200 SMA intact for long-term bullish bias. Key resistance stands at 25,200.
- MACD: Showing signs of an early bullish crossover, confirmation awaited above 25,050.
- RSI: Rising from 40.45 to 54.14. A move above 60 will confirm strong momentum.
- Bollinger Bands: Price bounced from the lower band. A breakout above 25,050 may target 25,200.
Option Chain Data (19 June Expiry)
- Resistance: Highest Call OI at 25,200.
- Support: Strong Put writing at 24,800 & 24,900.
FII & DII Activity (14-16 June)
- FIIs: Net buyers Friday, but cautious near highs.
- DIIs: Consistently supporting dips, stabilizing market.
Trade Plan for 17 June 2025
| Type | Entry Zone | Target | Stop Loss |
|---|---|---|---|
| Long | 24,950–25,000 | 25,150–25,200 | 24,850 |
| Short (below) | 24,850 | 24,720–24,650 | 24,950 |
Words of Caution
Note: The 25,200 zone is a heavy resistance area. Expect profit booking and volatility near this level. Avoid aggressive longs unless a confirmed breakout occurs above 25,200.
Conclusion
The Nifty is showing a positive recovery with technical support from moving averages and option data. Holding above 25,000 may lead to a test of 25,200. Traders should stay cautious at higher levels and protect profits smartly.
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