Nifty 50 and Bank Nifty Weekly Outlook from June 30 to July 4, 2025

Amid easing geopolitical tensions and an accommodative RBI stance, India’s economic outlook remains upbeat. Robust domestic consumption, healthy bank earnings, and steady foreign inflows underpin market resilience. Inflation moderates within target, while monsoon forecasts support rural demand. Global cues, including US Fed policy and crude prices, will shape near‑term momentum positively.

Nifty 50 Weekly: Performance, Price & Outlook

Today Nifty 50 Movement & Index Nifty 50 Update

From Monday, June 23 to Friday, June 27, the Nifty 50 displayed a robust recovery. On June 23, Nifty 50 closed at 24,971.90, down 0.56%. After midweek volatility, the index rebounded to finish June 27 at 25,654.20, marking a weekly gain of roughly 2.73%.

This Nifty Performance uptick reflects easing geopolitical concerns and strong domestic buying. Weekly Nifty Performance data suggests robust demand for quality shares. The Nifty price dipped below 25,000 early in the week but regained momentum after a June 26 breakout, when the Nifty 50 surged over 300 points to close above 25,600. Overall, benchmarks gained about 3% for the week.

Looking ahead, the Nifty 50 outlook remains cautiously positive. Outlook models project further upside if global cues stay benign, while some strategists temper their Nifty 50 outlook by warning of near‑term profit‑booking. Support around 25,200 should limit downside as investors monitor Nifty Performance metrics and Nifty price action. Resistance near 25,800 may cap advances, with economic data guiding Nifty price direction.

Nifty 50 Chart Weekly Trend

Over the past week, the Nifty 50 chart highlights the index trading consistently above its 20-day and 50-day SMAs, reinforcing a bullish weekly structure. On the weekly Nifty 50 chart, the RSI sits at 60.94, suggesting healthy momentum without tipping into overbought territory. Meanwhile, MACD and CCI on the Nifty 50 chart confirm strong bullish strength. However, the Stochastic at 91.36 and Williams %R at –8.64 point to short-term overbought conditions, implying a minor pullback in the Nifty 50 could unfold before the next leg up.

Nifty 50 Technical Indicator Summary 

Nifty 50 Technical summary shows the index trading above its 20- and 50-day SMAs, confirming bullish momentum. RSI around 61 indicates healthy strength, while MACD and CCI readings reinforce upward bias. However, overbought Stochastic (91.36) and Williams %R (–8.64) warn of a minor pullback risk. This Nifty 50 Technical summary suggests traders watch support at 25,200 and resistance at 25,800 for potential entry and exit points, and monitor momentum shifts.

Nifty 50 Weekly Forecast

Looking ahead, the Nifty 50 weekly forecast suggests sustained bullish momentum over the coming week, with support near the 25,200 level and resistance around 25,800. The technical setup on the Nifty 50 weekly forecast shows the index holding above its 20‑ and 50‑week simple moving averages, reinforcing the positive bias. RSI readings near 61 suggest room for upside. 

Overall, this Nifty 50 weekly forecast supports further gains, while cautioning on potential short‑term pullbacks around overbought conditions. Monitor global cues closely this week.

Bank Nifty Weekly: Price Action & Forecast

Weekly Bank Nifty Movement & Index Bank Nifty Update

From June 23 to June 27, Bank Nifty Price action demonstrated a steady uptrend. On June 23, the index opened at 55,832.35, hit an intraday low of 55,779.25, and closed at 56,059.35, down 0.34% for the day. Buoyed by strong buying in private banks, the Bank Nifty Price climbed each session, peaking at 57,475.40 on June 27 before settling at 57,443.90—a weekly gain of roughly 2.41%.

Looking ahead, the Bank Nifty Weekly Forecast anticipates continued bullish momentum, provided support holds near 56,800. The technicals favor upside, with RSI above 60 and the index above its 20‑ and 50‑day SMAs. For those monitoring the Bank Nifty Weekly Forecast, key resistance lies at 57,800, while a break below 56,800 would challenge the bullish stance. Overall, this Bank Nifty Forecast suggests further gains are likely, though traders should watch for profit‑booking around all‑time highs. The Bank Nifty Weekly Forecast will hinge on global cues, RBI commentary, and sector earnings this coming week.

Bank Nifty Weekly Summary 

Bank Nifty technical summary shows the index trading above its 20- and 50-day SMAs, reinforcing an upward bias. Current RSI near 62 indicates strong momentum without extreme overbought levels. MACD remains positive with a widening histogram, confirming bullish trend, while CCI above zero suggests buying interest. However, overbought Stochastic and Williams %R warn of a short-term pullback. Key support stands at 56,800, with resistance at 57,800. Overall, on the weekly chart, the Bank Nifty technical summary shows a sustained uptrend.

Bank Nifty Weekly Chart

The Bank Nifty weekly chart reveals a clear uptrend as the index maintains gains above its rising 20‑ and 50‑period moving averages. On the Bank Nifty weekly chart, each candlestick reflects consistently higher highs and higher lows, signalling sustained buying interest. Traders analysing the Bank Nifty weekly chart will note strong support near 56,800, which has held through recent pullbacks. The Bank Nifty momentum indicators—RSI above 60 and MACD in positive territory—confirm the bullish bias visible on the Bank Nifty price plot. Overall, the Bank Nifty Weekly Chart suggests further upside potential, provided the index stays above key support and watches resistance around 57,800.

Bank Nifty Weekly Forecast:

As we enter the new trading week, the Bank Nifty weekly forecast points to sustained bullish momentum, supported by strong banking sector earnings and positive global cues. According to the Bank Nifty weekly forecast, key support levels at 56,800 are expected to hold, while resistance around 57,800 could be tested early in the week. Traders watching the Bank Nifty weekly forecast should monitor RSI and moving averages to identify entry points on pullbacks. Overall, this outlook suggests further upside potential for Bank Nifty, though profit-booking near all-time highs may lead to brief corrections before the trend resumes and momentum builds.

Conclusion 

Overall, this week’s outlook for both Nifty 50 and Bank Nifty remains constructive. The Nifty 50 held above its 20‑ and 50‑day SMAs, displaying resilient breadth, while momentum readings signal further upside, albeit with overbought warnings. Similarly, Bank Nifty’s sustained uptrend above critical moving averages and robust RSI highlight continued bullishness. Support near 25,200 for Nifty and 56,800 for Bank Nifty should limit declines. Traders are advised to monitor global cues, RBI commentary, and economic data for directional cues.

RA Disclaimer: The information provided here is for educational and informational purposes only and should not be construed as investment advice. You are solely responsible for conducting your research and due diligence before making financial decisions.