🔍 Nifty 50 Market Analysis – For 9 June 2025
Date: 9 June 2025
Index: Nifty 50
Spot Price: 25,003
Futures Close: 24,919.80
ATM Strike: 25,000
IV Percentile: 99
Max Pain: 24,900
PCR (OI Change): 0.97 (Neutral)
🔼 Trend Overview
- Price Action: Strong bullish momentum visible post-CHoCH (Change of Character) breakout above PDH at 24,857.
- Volume Profile: Strong build-up and acceptance near 25,000 with low volume node around 24,900–24,950 indicating possible bounce zones.
- Smart Money (FIIs): Strong Bullish sentiment in Index Futures and Options (especially BankNifty).
📘 Market Profile Analysis
- POC (Point of Control): 25,000 – This is the fair price where the most volume was traded, showing acceptance.
- Value Area (VAH – VAL): 24,960 – 24,890
Market is developing a balanced profile above the value area indicating possible continuation if balance shifts upward. - Structure: ‘b’ shape profile formed earlier, suggesting long liquidation. Current session forming a ‘P’ shape – signaling short covering rally.
- Single Prints: Between 24,925 and 24,950 – if price returns here, expect fast movement through this low-volume zone.
Conclusion: Market is accepting higher prices above value with strong POC shift. Breakout above 25,100 may bring directional expansion. Failure to hold above 24,960 can drag price back into value area.
🔁 Support and Resistance Zones
- Support Zone 1: 24,850 – 24,900 (PDH, value area high & previous breakout base)
- Support Zone 2: 24,500 – 24,600 (Strong demand zone + CHoCH origin)
- Resistance Zone: 25,100 – 25,140 (Weak High + EOD resistance)
🎯 Trade Setups for 9 June 2025
📘 Buy CE (Call Entry)
- Entry: Above 25,100 (Breakout of weak high)
- SL: Below 25,000
- Target 1: 25,200
Target 2: 25,250 - Strike: 25,100 CE or 25,200 CE
📕 Buy PE (Put Entry)
- Entry: Below 24,850 (Rejection from resistance + back into range)
- SL: Above 25,000
- Target 1: 24,700
Target 2: 24,500 - Strike: 24,800 PE or 24,700 PE
📊 Option Chain Analysis
- Highest Call OI: 25,200 (resistance buildup)
- Highest Put OI: 24,800 (solid support)
- Put Writers Active: 24,900, 25,000 (bullish bias)
- Call Writers Active: 25,200, 25,100
🌐 Participant Data Analysis
FII (Foreign Institutions):
- Index Futures: Medium Bullish (Net Long: +14,258)
- BankNifty: Strong Bullish (OI +8,786)
- Call Options: Aggressive Buying
PRO:
- Index Futures: Mild Bearish
- Options: Mixed Bias, slightly Bullish
Client:
- Index Options: Strong Bearish (retail chasing PE buys)
- ✅ FII Bias = Bullish (Moderate to Strong)
They are building long positions in index futures and calls, and shorting puts, indicating strong upside expectations, especially in BankNifty.
📌 Summary
The market is currently bullishly biased with strong institutional participation, especially from FIIs. The price is consolidating near 25,000 psychological resistance. A breakout above 25,100 could trigger a continuation rally. On the downside, rejection and failure to hold 24,850 could invite profit booking.
Action: Wait for a clear breakout above 25,100 or breakdown below 24,850 for directional trades. Avoid option selling due to high IV (99 IVP).
📅 Prepared by RTS Group – Your Trusted Market Companion
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