What To Expect From Nifty And Bank Nifty On June 18, 2025?

Indian equities retreated on June 17, 2025, as profit-booking emerged after a sharp rally, amplified by geopolitical tensions in the Middle East. Both Nifty and Bank Nifty faced significant technical resistance near recent highs, confirming selling pressure. Sector performance diverged sharply: Pharma and metals led declines amid broad-based weakness, while IT stocks gained on defensive rotation.

Market momentum appears neutralised with moving averages flattening and bearish candlestick patterns suggesting consolidation or short-term pullback. Sentiment remains cautious as traders await catalysts, with the rupee weakening amid higher crude prices and pre-Fed decision caution. The path of least resistance hinges on whether indices can overcome immediate resistance zones or breach key supports, implying elevated near-term volatility.

What To Expect From Nifty 50 On June 18, 2025?

Nifty encountered resistance near the 25,105–25,241 zone, triggering supply pressure, and currently holds above 24,800 with support at 24,759 and 24,454. The 5‑ and 10‑day SMA crossover has flattened, lacking momentum confirmation. RSI(14) at 52.88 and ADX(14) at 22.04 are both neutral, while MACD (12,26) reading 172.79 signals a buy. A bearish candle after the rally suggests potential retracement or profit taking. The short‑term outlook remains cautious below 25,100, with the uptrend set to resume only above 25,241 and risk of further correction if 24,759–24,454 breaks.

Nifty 50 – Technical Outlook

Support And Resistance For Nifty 50 

What To Expect From Bank Nifty On June 18 2025? 

BankNifty – Technical Outlook

BANK Nifty faced resistance near 56,105–56,741, confirming supply pressure. It is holding just above 55,700, with support at 55,379 and a stronger base at 55,054. The 5‑ and 10‑day SMA crossover has flattened, reflecting waning momentum confirmation. RSI(14) at 52.19 remains neutral, while ADX (14) at 36.18 indicates a sell signal, and MACD (12,26) at 397.77 signals a buy. A bearish candle following the sharp rally suggests potential retracement or profit booking. The short‑term bias is cautious below 56,100, with an uptrend likely to resume only beyond 56,141 and risk of deeper correction if 55,379–55,054 breaks.

Support And Resistance For Bank Nifty

Conclusion 

With both Nifty50 and Bank Nifty confronting immediate resistance zones and exhibiting flattened moving averages and neutral oscillators, the market outlook for June 18, 2025, remains cautiously subdued. Key support levels at 24,759–24,454 for Nifty50 and 55,379–55,054 for Bank Nifty will define downside risk, while significant breakthroughs above 25,241 and 56,141 are needed to rekindle bullish momentum. In the absence of fresh global catalysts, traders should brace for choppy trading and heightened volatility, selectively positioning around pivotal technical thresholds confidently.