Nifty outlook is bullish with immediate support at 25,070 and next strong support at 25,050-25,000.
Nifty can rise to 25,250-25,300 in the coming sessions, turning negative only if it falls below 25,000, leading to a possible decline to 24,930-24,900.
Nifty 50 June Futures are up by 0.32% with immediate support at 25,120 and next important support at 25,050, expecting a rise towards 25,500 this week.
Positional trade recommended - Go long at 25,178 and accumulate on dips at 25,130 and 25,080 with a stop-loss at 24,960, targeting exit at 25,500. Trail the stop-loss as the contract goes up, with supports at 25,120, 25,050 and resistances at 25,400, 25,550.