Home » Stock Market Prediction for Nifty & Bank Nifty 17th June 2025

Stock Market Prediction for Nifty & Bank Nifty 17th June 2025

In today’s stock market, Sensex rises 650 pts, Nifty approaches 24,950 as markets overlook Israel-Iran crisis.

Stock Market Nifty Chart Prediction

On June 16, the Sensex was up 677.55 points at 81,796.15, and the Nifty was up 227.90 points at 24,946.50. About 1898 shares advanced, -2026 shares declined, and 163 shares unchanged.

Top Nifty gainers: SBI Life Insurance, UltraTech Cement, Bharat Electronics, HDFC Life, ONGC
Top Nifty Losers : Tata Motors, Dr Reddy’s Laboratories, Adani Ports and Sun Pharma.

A strong market close pushed all sectoral indices into the green; IT, metal, realty, and oil & gas advanced by 1% apiece.

BSE midcap index added 0.9% and smallcap index rose 0.4%

Best Stocks of the day according to AI (Delta Dash)

Worst Stocks of the day according to AI (Delta Dash)

Stock Prediction for 16th June 2025

Prediction for Tuesday NIFTY can go up if it goes above 25,500 or down after the level of 24,700, but it also depends upon the Global cues.

the market staged a strong rebound, with the Nifty steadily building momentum throughout the session and closing in the green at 24,946.50, up by 227.90 points. A solid bullish candle was formed on the daily chart, indicating sustained buying interest. If the current upward momentum persists, the index could potentially break out of its existing consolidation range. Key resistance is placed at 25,500–26,000, while immediate support lies between 24,700 and 24,200.

Highest Call Writing at
25,500 (82.4 Lakh)
Highest Put Writing at
24,700 (97.4 Lakh)

Nifty Support and Resistance

Support 24,700 and 24,200
Resistance
25,500 – 26,000

Bank Nifty Daily Chart Prediction

Prediction For Tuesday, BANKNIFTY can go up if it goes above 56,000 or down after the level of 55,500, but it also depends upon the Global cues.

Bank Nifty remains under bearish pressure, indicating a continued downtrend. Those holding short positions are advised to maintain them with a stop-loss at the daily close of 56,052. On the upside, resistance is expected between 56,000 and 56,500, while key support levels are placed around 55,500 to 55,000.

Highest Call Writing at56,000 (21.2 lakh)
Highest Put Writing at55,500 (19.9 lakh)

Bank Nifty Support and Resistance

Support55,500 and 55,000
Resistance
56,000 and 56,500

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