Home » Stock Market Prediction for Nifty & Bank Nifty 23rd June 2025

Stock Market Prediction for Nifty & Bank Nifty 23rd June 2025

In today’s stock market, Market rally strongly as Sensex surges by 960 points; Nifty reclaims 25,000 mark with all sectoral indices in green.

Stock Market Nifty Chart Prediction

On June 20,  Sensex was up 1,046.30 points at 82,408.17, and the Nifty was up 319.15 points at 25,112.40. About 2366 shares advanced, -1427 shares declined, and 149 shares unchanged.

Top Nifty gainers: Jio Financial, M&M, Bharti Airtel, Bharat Electronics, Trent 
Top Nifty Losers : Hero MotoCorp, Bajaj Auto, Maruti Suzuki, Dr Reddy’s Laboratories.

All the sectoral indices ended in the green, with metal, PSU Bank, realty, power, telecom, capital goods up 1-2 percent.

BSE midcap rose 1.2% and smallcap index gained 0.5%

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

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

Stock Prediction for 23rd June 2025

Prediction for Monday NIFTY can go up if it goes above 24,800 or down after the level of 24,700, but it also depends upon the Global cues.

Following several sessions of indecisive and range-bound movement triggered by escalating geopolitical tensions, Nifty finally broke out on Friday with a sharp rally, ending the day 319 points higher at the session’s peak. The index started the day on a strong note and witnessed a steady upward trajectory through the morning, maintaining the bullish tone into the later part of the session.

On the technical front, a long bullish candlestick appeared on the daily chart, following three consecutive sessions of narrow-range declines. This breakout clearly signals a shift in momentum and a possible trend reversal.

Looking ahead, key resistance levels are positioned between 25,500 and 26,000, while immediate support zones can be seen around 25,000 to 24,500.

Highest Call Writing at
25,500 (84.5 Lk)
Highest Put Writing at
25,000 (1.3 Cr)

Nifty Support and Resistance

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

Bank Nifty Daily Chart Prediction

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

Bank Nifty turned bullish in the most recent trading session, indicating a shift in trend. Traders may consider taking long positions, with a daily closing stop-loss set at 55,352.

Looking ahead, key resistance levels are located at 56,500 and 57,500, while the support zone lies between 56,000 and 55,000.

Highest Call Writing at56,500 (25.1 lakh)
Highest Put Writing at56,000 (23.3 lakh)

Bank Nifty Support and Resistance

Support 56,000 to 55,000
Resistance
56,500 and 57,500

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