Nifty 50 & Bank Nifty Prediction for June 18, 2025 – Technical Analysis, Support & Resistance

 



Nifty 50 & Bank Nifty Prediction for June 18, 2025 – Technical Analysis, Support & Resistance


📊 Market Overview

As per the latest market closing on June 17, 2025:

  • Nifty 50 closed at 24,853.40, down by -0.37%

  • Bank Nifty closed at 55,714.15, down by -0.41%

The Indian market showed mild weakness amid global uncertainty, with indices continuing to consolidate near key levels.


📈 Nifty 50 Forecast – 18 June 2025

Key Technical Levels:

  • Support: 24,800 / 24,700

  • Resistance: 25,000 / 25,100

⚙️ Technical Indicators:

  • RSI: 48 – Mildly bearish

  • MACD: Below the signal line – Momentum still negative

  • 50-day EMA: Nifty trading below – Weak trend persists

🔎 Trading Outlook:
A break below 24,800 could see a slide toward 24,700.
On the upside, a move past 25,000 may open doors toward 25,100–25,150.


🏦 Bank Nifty Forecast – 18 June 2025

Key Technical Levels:

  • Support: 55,500 / 55,300

  • Resistance: 56,100 / 56,300

⚙️ Technical Indicators:

  • RSI: 52 – Neutral to slightly positive

  • MACD: Flat – No decisive trend

  • 50-day EMA: Price near EMA – Sideways bias

🔎 Trading Outlook:
A drop below 55,500 may trigger downside toward 55,300.
Sustaining above 56,100 can lead the index to 56,300.


🌐 Market Sentiment

  • Global Influence: Pressure from US tech sell-off and Fed policy fears

  • Domestic Outlook: Investors watching upcoming quarterly earnings and macro data


✅ Final Note

📌 Markets are in a tight range with weak directional cues.
📌 Follow risk-managed trading with stop-loss discipline.

📌 These forecasts use RSI, MACD, EMA, and pivot-level tools — always validate with live data and news before entering trades.

https://advanceprediction.blogspot.com/

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