NIFTY View For 10/06/2025

Manas Jaiswal Research Analyst Image

Yesterday, NIFTY opened with an upside gap and surged above the 25,100 mark in early trade. However, it remained range-bound throughout the session, oscillating between 25,100 and 25,150, before settling just above the 25,000 level.

NIFTY has confirmed a breakout from a triangular consolidation pattern and is currently trading above all key moving averages, reinforcing the bullish sentiment. With this breakout, NIFTY is now poised to test 25,250, and the measured target of the triangle formation projects a move towards 25,600.

On the downside, the 25,000 – 24,900 zone will act as a crucial support area. Long positions may be maintained with a strict stop-loss below 24,900 to protect against any potential reversal.

Nifty Imp Levels For 10/06/2025

Open 25160
High 25160
Low 25077
Close 25103
S 1 25066
S 2 25030
R 1 25149
R 2 25196

Actionable Ideas On Nifty for 10/06/2025

Action SL TGT
Buy above 24165 24100 24300
Sell below 25000 25176 24850
Show Timings
Manas Jaiswal Technical Research Group