This week’s equity benchmarks exhibited signs of exhaustion and consolidation as global domestic economic signals prompted investors to pause. Diminishing momentum reflected caution over tightening monetary policy, subdued corporate earnings projections and muted volatility suggested a build-up of pressure. The narrow-range trading in the market highlighted the sentiment of being limited because of the higher interest rate expectations and geopolitical concerns. On the whole, the theme became mildly pessimistic and participants were preparing a possible directional change as dictated by the underlying macro factors, the dynamics of inflation and the state of liquidity.

What Will Be The Next Move For Nifty 50 On June 20, 2025? 

Source: Tradingview/BankNifty

The Nifty 50 displayed fatigue this week, closing at 24,744.70 – marginally below its 5-week moving average (24,814.04). Despite briefly testing 24,982.05, the index failed to hold above 25,000, forming a narrow-range candle that signals indecision near resistance.

The index faces a critical test, losing momentum in the 24,970-25,020 zone. Repeated intraday attempts to breach this area failed, indicating bull exhaustion near significant Fibonacci levels. Downside support is crucial at 24,454 – a make-or-break level.

Recent price action shows lower highs and tight closes, while the declining Average True Range (ATR) points to suppressed volatility, often preceding a sharp directional move. Flattening short-term moving averages (MAs) suggests trend weakening.

What To Expect From Bank Nifty On June 20, 2025? 

Source: Tradingview/ BankNifty

Bank Nifty's stuck in a bit of a rut right now, kind of sideways with a weak tilt. It's bumping up against some tough resistance near that 5-day moving average and just can't seem to gather enough steam to break meaningfully above 56,000. Because of that struggle up top, it's drifting lower and hovering near some important short-term support levels. Those narrow trading ranges and the pattern of lower highs lately? That definitely suggests sellers are controlling the action for now.

Honestly, Bank Nifty's at a real inflection point. The daily chart structure has weakened noticeably, and crucially, that key trendline support we were watching has already been broken. Here's the thing: if the index stays below 55,577 and fails to fight its way back up into the 55,785–56,000 zone, we should probably expect selling pressure to ramp up.

So, my bias is cautiously bearish for the intraday unless it can decisively reclaim ground above 55,750. Keep an eye on 55,036 – if that level gives way as support, things could get uglier pretty quickly, potentially triggering a sharper move lower.

Conclusion 

Overall, both indices are exhibiting consolidation and weakening momentum. Nifty’s inability to sustain above resistance signals potential downside risk, while Bank Nifty’s breach of trendline support points to seller dominance. With volatility compressed, a decisive breakout—upward or downward—is imminent. Traders should adopt a cautious stance, prioritizing defined rigorous risk management and monitoring key thresholds for early entry or exit signals. A sharp directional move is likely once congestion resolves soon.

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 own research and due diligence before making any financial decisions.