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Nifty pred...
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HinduBusinessLine

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Nifty prediction today – June 16, 2025: Intraday rise possible. Go long now and on dips

  • Nifty's intraday resistance is at 24,850, and support is around 24,650.
  • 24,450 is a crucial level to sustain for Nifty to avoid a deeper fall to 24,200-24,000.
  • Nifty 50 June futures are marginally up by 0.3%, with support at 24,750 and resistance at 24,920.
  • Traders are advised to go long at 24,812, accumulating on dips at 24,780 with a stop-loss at 24,730.
  • Stop-loss should be trailed up to 24,835 as the contract rises to 24,870, with further adjustments at 24,880 and 24,920 when the contract reaches 24,910 and 24,950 respectively.
  • The recommendation is to exit long positions at 24,980.
  • Support levels: 24,750, 24,680. Resistance levels: 24,920, 25,000.

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