Nifty outlook today
Here’s today’s outlook for the Nifty 50: ### 📉 **Market Summary (June 18, 2025)** * The Nifty closed marginally down at **24,812**, a decline of **41 points (–0.17%)** ([moneycontrol.com][1]). * The index remained range-bound between **24,750–24,947**, reinforcing a consolidation phase ([in.investing.com][2]). * Technical analysts highlight a strong **resistance barrier at 25,000** and a crucial **support zone around 24,700–24,730** ([livemint.com][3]). --- ### 🔍 **Technical Insight** * A **“Dark Cloud Cover”** candlestick formed in daily charts, signaling potential short-term reversal or sideways movement ([livemint.com][4]). * Key indicators suggest **support between 24,730–24,650** and **resistance between 25,080–25,150** for intraday moves ([livemint.com][4]). --- ### 🌍 **Broader Market Drivers** * **Geopolitical tensions** in the Middle East (Israel‑Iran conflict) continue to weigh on investor sentiment, dampening global cues ([republicworld.com][5]). * **Strong domestic...