The Indian stock market ended the day in a neutral note, with the Sensex rising 123 points to close close to 82,500 levels and the Nifty 50 around 25,150.  There was a period of market consolidation as a result of its volatility and lack of strong directional momentum.

Sector-specific events also affected the market, such as a steep increase in liquor excise duties in Maharashtra that put pressure on liquor supplies while boosting domestic liquor brands produced in the state.  Concerns about speculative trading also caused the BSE stock to drop 4% after it was subjected to extra surveillance.  Investors’ desire for clarification on the US-China trade negotiations, where a tentative agreement was reached but specifics are still being finalized, was the main cause of the sideways closing.  Trading became cautious as a result of this uncertainty.

The Nifty closed flat after remaining erratic all day.  The Sensex finished in green, but the Bank Nifty closed at 56,459, remaining in red from the previous two trading days.  Nonetheless, as long as the index stays above the breakthrough threshold, the general mood is still optimistic.

In this overview, we will analyze the key technical levels and trend directions for Nifty, Bank Nifty, and BSE Sensex to monitor in the upcoming trading sessions. All the charts mentioned below are based on the 5-minute timeframe.

NIFTY 50 Chart & Price Action Analysis

The Nifty 50 Index opened at 25,134, higher than the previous closing price of 25,104. It was trading above the opening level at 25,199 in the morning session, making a low of 25,081, and remained above all the 20/50/100/200-day EMAs in the 15-minute time frame during the morning session. In the afternoon session, the Nifty Index traded in red and broke the 20-day and 50-day EMA (25,155 and 25,134) and closed in green at 25,126 in the 15-minute time frame.

Nifty’s immediate resistance levels are R1 (25,158), R2 (25,200), and R3 (25,231), while immediate support levels are S1 (25,108), S2 (25,081), and S3 (25,030).

The Nifty index made a day high at 25,222 and closed at 25,141 in green near to day’s opening. Today, the Nifty Index formed an indecision Doji candle in the daily time frame after closing in red from the last two trading sessions, up by +37 points or +0.15%. The Relative Strength Index (RSI) stood at 62.54 (well below the overbought zone of 70) in the daily time frame, and Nifty 50 was above all the 20/50/100/200 EMAs in the daily time frame. 

Bank Nifty Chart & Price Action Analysis

Bank Nifty Index opened flat at 56,639. It was trading above the opening level at the 56,704 level in the morning session and was above all the 20/50/100/200 EMAs in the 15-minute time frame. While in the afternoon session, Bank Nifty failed to sustain at the 56,692 level and cracked down to 56,438 and was below the 20/50/100 EMAs but above the 200-day EMA in the 15-minute time frame. 

Bank Nifty immediate resistance levels are R1 (56,500), R2 (56,650), and R3 (57,790), while immediate support levels are S1 (56,400), S2 (56,319), and S3 (56,183). 

The Bank Nifty index peaked at 56,782 and closed at 56,459, down by -169 points or -0.30%. The Relative Strength Index (RSI) stood at 63.43 (well below the overbought zone of 70) in the daily time frame, and Bank Nifty was above all the 20/50/100/200 EMAs in the daily time frame.

BSE Sensex Chart & Price Action Analysis

The BSE Sensex Index opened at 82,473 and was trading above the previous day’s closing price of 82,391. It was trading below the opening level at 82,676 level in the morning session was above all the 20/50/100/200-day EMAs in the 15-minute time frame. It touched a day’s low at 82,308. In the afternoon session, the BSE Sensex reversed its direction from uptrend to downtrend, closed below the 20-day (82,552) and 50-day EMA (82,497), and closed at 82,450 in the 15-minute time frame. 

BSE Sensex immediate resistance levels are R1 (82,570), R2 (83,745), and R3 (83,004), while immediate support levels are S1 (82,318), S2 (82,080), and S3 (81,791).  The BSE Sensex index peaked at 82,783 and closed at 82,515, up by +123 points or -0.15%. The Relative Strength Index (RSI) stood at 61.06 (well below the overbought zone of 70) in the daily time frame, and BSE Sensex was above all the 20/50/100/200 EMAs in the daily time frame.

Market Recap June 11th, 2025

The Nifty 50 ended the day higher after rising to 25,222.40, ending at 25,141.40, and opened above the 20-day EMA at 25,134.15. The BSE Sensex opened at 82,473.02, showing an upward trend, and closed at 82,515.14, up 123.42 points, or 0.15%. With the Nifty 50 RSI at 62.26 and the BSE Sensex RSI at 60.67 (far below the overbought threshold of 70), both markets were trading above all four EMAs (20/50/100/200). Profit bookings caused minor rises for both benchmark indices, but monetary policy and international factors, such the US-China trade talks, which boosted market activity, also contributed to their ongoing climb.

The Nifty Oil & Gas index was the biggest sectoral gainer, closing at 11,725.50, up 169.30 points, or 1.47%. The main oil and gas companies, such as GAIL, Bharat Petroleum, Hindustan Petroleum, and Oil India, reported gains of as much as 6.5 percent. As part of its infrastructure development, the major state-run refineries have announced plans to order ten domestically built tankers to transport petroleum throughout the nation. Later this year, a combined tender for medium-range boats, estimated to be worth $600 million, will be issued, with delivery starting in 2028.

The Nifty IT index ended the day at 38,784.30, up 484.35 points, or 1.26%. Wipro, Tech Mahindra, Infosys, and HCL Technologies led the industry with gains of up to 3.3%.

On the other hand, the Nifty PSU Bank index closed at 7,107.75 after falling -63.10 points, or -0.88%. The index declined as a result of a 2% decline in Punjab and Sind Bank, a 1.91% decline in Indian Overseas Bank, and a 1.85% decline in Bank of India. Furthermore, the Nifty FMCG Index ended the day at 55,820, down -378.20 points, or -0.67%.

India VIX

India VIX is low (13.67), indicating reduced fear and potential for continued bullish momentum if key supports hold.

Trade Setup Summary:

After a choppy session and an indecision Doji candle, Nifty closed in green. A move above 25,150 could trigger further upside toward 25,200–25,300. Bank Nifty failed to sustain above 56,500 and cracked down to 56,459 but closed above the 200-day EMA in the 15-minute chart. Sensex reversed from highs, closed below the 20/50 EMA in the 15-minute frame but above all in the daily. Traders should consider these key support and resistance levels to enter long or short positions following the price break from the key levels. Also, traders can combine moving averages for more accurate entry and exit points.

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