Nifty outlook today
Here’s the outlook for the Nifty today, June 27, 2025:
### ๐ Market Summary (as of today):
* **Flat-to-positive trading tone:**
The Nifty edged up \~0.07–0.35%, hovering between \~25,560 and closing above 25,600 .
* **Sector rotation in play:**
Financials took a breather after strong gains, while **IT** and **metals** outperformed—IT rose \~0.8% and metals jumped \~1% .
Expert Pankaj Pandey sees ongoing rotation from BFSI into IT and metals, possibly continuing short-term .
* **Fresh inflows boost sentiment:**
Positive global cues (e.g. easing Middle East tensions, hopes for Fed rate cuts) are lifting market mood .
Domestic catalysts like a strong IPO environment and supportive macro data are adding buoyancy .
* **Watch for near-term selling pressure:**
Promoters and institutions have offloaded \~₹1 lakh crore in shares recently, which could cap upside in the short run .
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### ๐ฎ Technical & Brokerage Outlook:
* **Targets for Nifty:**
* Near-term target zone: **25,700–25,900** — backed by technical breakouts from 24,500–25,200 consolidation .
* Major resistance lies between **25,800–26,000**; immediate support near **25,400–25,500** .
* **Bank Nifty strength:**
Continues bullish, targeting \~58,500–58,800, with support in the **55,500–56,000** band .
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### ๐ Tactical Takeaways:
* **Momentum remains strong**—four straight days of gains, and technical indicators (RSI, MACD) still positive .
* **Expect potential pullbacks** in financials due to profit-taking and large sell-offs, offering dip-buying opportunities in sectors like metals, IT, and oil & gas.
* **Key levels today:**
* **Support:** \~25,500–25,400
* **Resistance/potential upside catalyst:** \~25,700–25,900
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### ✅ Conclusion:
The Nifty is poised for continued gains in the short term, supported by favorable technical setups, rotation into cyclical sectors, and positive macro‑global conditions. Be mindful of supply‑side knockbacks from promoter/institution sell-offs. A prudent approach is to “buy on dips,” keeping an eye on the 25,400 support zone and targeting moves toward the 25,800–26,000 range over the coming days.
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