📊 Nifty 50 Market Analysis – 6 June 2025
The market reacted cautiously despite the RBI's 50 bps repo rate cut, which ideally is a bullish trigger. Let's break down the current data, technicals, options activity, and institutional behavior to understand today's Nifty 50 trend and strategy.
🧭 Market Summary
- Spot Price: 24,746.65
- ATM Strike: 24,750
- PCR (Put-Call Ratio): 0.68 (Bearish Bias)
- IV Percentile: 46 (Moderate)
- INDIA VIX: 14.8 (Stable)
📈 Technical Outlook (15-min Chart)
- Price is moving between 24,700–24,850, indicating a tight consolidation zone.
- Change of Character (CHoCH) seen at lower end with BOS confirming short-term structure.
- Support: 24,700 & 24,600 zones
- Resistance: 24,850 & 24,900 zones
- RSI near 50 – market lacks momentum either side.
📊 Option Chain Highlights (12 June Expiry)
- Call Writers Active: Heavy OI at 24,800 CE (39K) and 24,900 CE (56K)
- Put Support: Building at 24,700 PE and 24,600 PE (35K OI each)
- Interpretation: Strong resistance at 24,850+, support at 24,600
🏦 FII/DII & Participant Data – 6 June
| Participant | Segment | Sentiment | Net OI Change |
|---|---|---|---|
| FII | Index Futures | Strong Bearish | -1,071 → -6,053 |
| FII | Call Options | Mild Bullish | +22,736 |
| Pro | Index Options | Medium Bearish | -1,211 |
| Client | Index Futures | Medium Bullish | +61,860 |
| DII | Put Options | Medium Bullish | +14,001 |
📌 Final Trend View
Nifty is stuck between major resistance at 24,850–24,900 and support at 24,700–24,600. Despite the bullish repo rate cut news, heavy call writing and FII short positions keep the upside limited for now.
🔻 Intraday Strategy – 6 June 2025
- PE Trade: Sell below 24,690 → Target: 24,600–24,540 | SL: 24,760
- CE Trade: Buy only above 24,860 breakout → Target: 24,940–25,000 | SL: 24,810
- Avoid trades inside range: 24,700–24,850 is a chop zone.
🔄 Stay updated with live market changes and adjust trades accordingly.
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📊 Chart Analysis – Price Action & Structure AFTER 10.45 AM
Market has broken out of the equal lows (EQL) zone and confirmed a bullish Change of Character (CHoCH). Price rallied from a demand zone near 24,700 and is now approaching supply between 24,900–25,000. The RSI flipped up with momentum, showing intraday strength.
- Support Zone: 24,700 – 24,650 (demand zone)
- Resistance Zone: 24,900 – 25,000 (supply zone + PDH)
- Bias: Bullish above 24,860, caution near 24,900+
📈 Option Chain Insights (12 June Expiry)
Heavy Put Writing at 24,800 and 24,700 indicates strong support levels. On the Call side, resistance is visible at 24,900 and 25,000. PCR remains bullish near-the-money.
- Highest Call OI: 25,000 (74.1 L)
- Highest Put OI: 24,800 (53.5 L)
- Strike to Watch: 24,900 – both CE & PE have highest activity
🧠 Smart Money Interpretation
- FIIs: Light bearish bias, aggressive unwinding in index options.
- PROs: Mild bearish stance in Calls, but cautious on fresh positions.
- Retail Clients: Bullish buildup in Futures and aggressive Put buying.
This suggests a potential short squeeze near 24,900–25,000 if resistance breaks. Expect a breakout rally only if Nifty sustains above 25,000 with volume.
📌 Trade Setup for 6 June 2025
- ✅ Buy CE 24,900 above 24,900 spot level. Target: 25,050. SL: 24,840
- 🔁 Buy PE 24,800 only if price breaks below 24,780 with volume. Target: 24,650. SL: 24,830
📘 Summary
The market shows early signs of bullish control, but strong resistance is present just ahead. Watch price action near 24,900–25,000 zone for further clarity. Stay light ahead of the breakout.
📌 Note: This analysis is for educational purposes. Trade with risk management and consult your financial advisor.
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