India’s equity markets remain resilient, supported by stable macroeconomic fundamentals, strong domestic liquidity, and continued FPI inflows. A robust monsoon outlook, moderating inflation, and the RBI’s neutral stance foster investor confidence. Government-led infrastructure spending and corporate earnings recovery further fuel optimism. However, global headwinds such as high US interest rates, geopolitical tensions, and commodity price volatility could inject short-term fluctuations, keeping traders alert despite the broader bullish undertone.
Let’s understand where Nifty and BankNifty will move on June 26,2025
Forecast For Nifty 50 On June 26 2025
Source: Nifty 50 by Trading View
Nifty ended at 25,244.75, gaining 200 points (+0.80%), extending its bullish trend with strong price structure and momentum. Technical indicators like RSI (60.94), MACD, and CCI signal continued strength, while Stochastic (91.36) and Williams %R (-8.64) reflect overbought conditions, hinting at a possible short-term pause. The trend is firmly bullish as the index trades above key moving averages with positive crossovers across all timeframes.
Indicator |
Level |
Indication |
RSI (14) |
56.71 |
Bullish |
MACD (12,26,9) |
120.58 |
Bullish |
Stochastic (20,3) |
67.64 |
Bullish |
ROC (20) |
0.88 |
Bullish |
CCI (20) |
119.8 |
Bullish |
Williamson %R (14) |
-32.36 |
Bullish |
ATR (14) |
267.42 |
High Volatility |
ADX (14) |
14.14 |
Weak Trend |
Bollinger Band (20,2) |
UB: 25,212.20 |
|
LB: 24,533.75 |
||
SMA20: 24,872.98 |
Based on pivot levels, the pivot point is at 25,120, with immediate support at 24,923 and 24,803. On the upside, 25,241 has been crossed, opening doors to 25,438 (R2) and 25,559 (R3). While momentum favours bulls, traders should watch for possible pullbacks near 24,900, which may offer fresh entry points.
Type |
R1 |
R2 |
R3 |
Pivot Point |
S1 |
S2 |
S3 |
Classic |
25,077.65 |
25,183.40 |
25,309.80 |
24,951.25 |
24,845.50 |
24,719.10 |
24,613.35 |
Outlook remains positive; a sustained move above 25,240 could lead to higher levels, while dips toward 24,800–24,900 can be used for accumulation.
Forecast for BankNifty on June 26, 2025
Source: BankNifty By Trading View
Bank Nifty closed at 56,621.15, showing bullish strength with all key indicators—RSI, MACD, Stochastic, and CCI—signaling positive momentum. Price action remains above major moving averages with bullish crossovers across short, medium, and long terms.
Indicator |
Level |
Indication |
RSI (14) |
56.71 |
Bullish |
MACD (12,26,9) |
120.58 |
Bullish |
Stochastic (20,3) |
67.64 |
Bullish |
ROC (20) |
0.88 |
Bullish |
CCI (20) |
119.8 |
Bullish |
Williamson %R (14) |
-32.36 |
Bullish |
ATR (14) |
267.42 |
High Volatility |
ADX (14) |
14.14 |
Weak Trend |
Bollinger Band (20,2) UB |
25,212.20 |
|
Bollinger Band (20,2) LB |
24,533.75 |
|
Bollinger Band SMA (20) |
24,872.98 |
The index holds support near 56,036–56,200, while resistance lies at 56,790–56,910. A breakout above 56,910 could lead to 57,300+ levels, while any dip toward 56,000 may offer a buy-on-dips opportunity.
Period |
Moving Average Crossover |
Indication |
Short Term |
5 & 20 DMA Crossover |
Bullish |
Medium Term |
20 & 50 DMA Crossover |
Bullish |
Long Term |
50 & 200 DMA Crossover |
Bullish |
Low volatility (ATR) and weak trend strength (ADX) suggest a steady move unless triggered by external catalysts. Trend remains upward unless key supports break below 55,900.
Conclusion
Both Nifty 50 and Bank Nifty exhibit strong bullish momentum backed by technical indicators and moving average crossovers. While volatility remains elevated, key support levels are intact, offering a buy-on-dips opportunity. A breakout above immediate resistance zones could trigger fresh rallies. Traders should stay alert to global cues but maintain a bullish bias unless major supports break.
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.